Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
360-577-7509
960 Commerce Ave
Longview, WA 98632

Pud Credit Union is headquartered in Longview and is the 96th largest credit union in the state of Washington. It is also the 4,785th largest credit union in the nation. It was established in 1941 and as of December of 2013, it had grown to 1 employees and 811 members. Pud Credit Union has a B+ health rating.

Field of Membership Restrictions

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.



Health

Data for Q4 2013

Institution Health

B+
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Pud Credit Union has a very low asset base.

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 Pud Credit Union had $2,000 in non-current loans and owned real-estate with $1.18 million in equity and loan loss allowances on hand to cover it. This gives Pud Credit Union a Texas Ratio of 0.17% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for Pud Credit Union decreased dramatically from 0.43% as of December 31, 2012 to 0.17% as of December 31, 2013, resulting in a positive change of 60.61%.This indicates that the balance sheet and financial strength for Pud Credit Union has improved dramatically in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Pud Credit Union has increased its total deposits by $721,000, resulting in 12.11% 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 excellent.

Capitalization

GRADE:
A+

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 $7.85 million in assets with $1.18 million in equity, resulting in a capitalization level of 15.08%, which is excellent.

Institution Statistics

Overall
NCUA #4509
Year Chartered1941
Employees1
Primary Regulator
Assets and Liabilities
Assets$7.85 million
Loans$3.84 million
Deposits$6.67 million
Equity Capital$1.16 million
Loan Loss Allowance$20,000
Unbacked Noncurrent Loans$2,000
Real Estate Owned$0
Historic Data - December 2012
Assets$7.11 million
Equity Capital$1.15 million
Loan Loss Allowance$21,000
Unbacked Noncurrent Loans$2,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin4.3%
Return on Assets0.23%
Return on Equity1.55%
Interest Income$200,000
Rates
Skip to rates for:

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.

Pud Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.20%--Share Savings Account
0.20%--IRA Share Account

Pud Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
0.35%$1k-1 Year Share Certificate
0.25%$1k-6 Month Share Certificate

Pud Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
0.35%$1k-1 Year IRA Certificate
0.25%$1k-6 Month IRA Certificate
Locations


Pud Credit Union Locations
Branch Office960 Commerce AveLongview, WA 98632