Pud Credit Union is headquartered in Longview and is the 96th largest credit union in the state of Washington. It is also the 4,875th largest credit union in the nation. It was established in 1941 and as of March of 2014, it had grown to 1 employees and 811 members. Pud Credit Union has a B health rating.
Must be an employee or retiree of Cowlitz PUD. - See Details
No reviews have been left for this bank yet. Be the first to review.
The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Pud Credit Union had $1,000 in non-current loans and owned real-estate with $1.19 million in equity and loan loss allowances on hand to cover it. This gives Pud Credit Union a Texas Ratio of 0.08% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
In the past year, Pud Credit Union has increased its total deposits by $10,000, resulting in 0.16% 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 Pud Credit Union has shown is above average.
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. Pud Credit Union has $7.33 million in assets with $1.19 million in equity, resulting in a capitalization level of 16.20%, which is excellent.
|Assets and Liabilities|
|Equity Capital||$1.17 million|
|Loan Loss Allowance||$20,000|
|Unbacked Noncurrent Loans||$1,000|
|Real Estate Owned||$0|
|Historic Data - March 2013|
|Equity Capital||$1.15 million|
|Loan Loss Allowance||$21,000|
|Real Estate Owned||$0|
|Profit Margin - Quarterly|
|Net Interest Margin||1.03%|
|Return on Assets||0.16%|
|Return on Equity||1.03%|
Always verify rates and promotions with the bank or credit union. We are not Pud Credit Union, we are a rate comparison website and can not provide official rates or promotions.
|0.20%||-||-||Share Savings Account|
|0.20%||-||-||IRA Share Account|
|0.35%||$1k||-||1 Year Share Certificate|
|0.25%||$1k||-||6 Month Share Certificate|
|0.35%||$1k||-||1 Year IRA Certificate|
|0.25%||$1k||-||6 Month IRA Certificate|
|Pud Credit Union Locations|
|Branch Office||960 Commerce Ave||Longview, WA 98632|