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Overview / Commentary
800-772-1955
P.O. Box 2205
Austin, TX 78768

Public Employees CU (TX) is headquartered in Austin and is the 61st largest credit union in the state of Texas. It is also the 706th largest credit union in the nation. It was established in 1952 and as of December of 2013, it had grown to 67 employees and 25,189 members. Public Employees CU (TX) has a B+ health rating.

Field of Membership Restrictions

Must live, work, worship or attend school within a 10-mile radius of any of the Central Texas branches. - See Details

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Health

Data for Q4 2013

Institution Health

B+

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Public Employees CU (TX) had $233,000 in non-current loans and owned real-estate with $20.11 million in equity and loan loss allowances on hand to cover it. This gives Public Employees CU (TX) a Texas Ratio of 1.16% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
B+

The Texas Ratio for Public Employees CU (TX) decreased slightly from 1.64% as of December 31, 2012 to 1.16% as of December 31, 2013, resulting in a positive change of 29.35%.This indicates that the balance sheet and financial strength for Public Employees CU (TX) has improved slightly in recent periods.

Deposit Growth

GRADE:
B+

In the past year, Public Employees CU (TX) has increased its total deposits by $5.98 million, resulting in 2.31% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Public Employees CU (TX) has shown is above average.

Capitalization

GRADE:
C-

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Public Employees CU (TX) has $285.45 million in assets with $20.11 million in equity, resulting in a capitalization level of 7.04%, which is below average.

Institution Statistics

Overall
NCUA #67428
Year Chartered1952
Employees67
Primary Regulator
Assets and Liabilities
Assets$285.45 million
Loans$142.26 million
Deposits$264.56 million
Equity Capital$19.96 million
Loan Loss Allowance$153,000
Unbacked Noncurrent Loans$233,000
Real Estate Owned$0
Historic Data - December 2012
Assets$281.15 million
Equity Capital$21.85 million
Loan Loss Allowance$410,000
Unbacked Noncurrent Loans$233,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin4.05%
Return on Assets0.43%
Return on Equity6.1%
Interest Income$7.43 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Public Employees CU (TX), we are a rate comparison website and can not provide official rates or promotions.

Public Employees CU (TX) Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.35%--IRA Savings Account
0.25%--Kids Savings Account
0.25%--Teen Savings Account
0.25%--Holiday Savings
0.15%--Regular Savings

Public Employees CU (TX) Money Market Rates

DetailsAPYMINMAXPRODUCT
0.30%$200k-Money Market

Public Employees CU (TX) Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.10%--Checking Account

Public Employees CU (TX) CD Rates

DetailsAPYMINMAXPRODUCT
0.95%$1k-48 Month CD
0.75%$1k-36 Month CD
0.55%$1k-24 Month CD
0.40%$1k-12 Month CD
0.30%$1k-6 Month CD

Public Employees CU (TX) IRA Rates

DetailsAPYMINMAXPRODUCT
0.95%$1k-48 Month IRA
0.75%$1k-36 Month IRA
0.55%$1k-24 Month IRA
0.40%$1k-12 Month IRA
Locations


Public Employees CU (TX) Locations
Branch Office4241 Eastex FwyBeaumont, TX 77706
Branch Office901 Round Rock AveRound Rock, TX 78681
Branch Office8013 Centre Park DrAustin, TX 78754
Branch Office1200 W 42nd StAustin, TX 78756
Branch Office306 E 10th StAustin, TX 78701
Branch Office5838 Hwy 290 WAustin, TX 78735