Pueblo Government Agencies Credit Union is headquartered in Pueblo and is the 55th largest credit union in the state of Colorado. It is also the 3,092nd largest credit union in the nation. It was established in 1936 and as of March of 2014, it had grown to 10 employees and 3,635 members. Pueblo Government Agencies Credit Union has a B+ health rating.
Membership is open to: -Federal Government Employees and retirees living and working in the Southern third of Colorado and their entire families: -United States Postal Service (Our Sponsor!) -Federal Bureau of Prisons (Florence Correctional Complex) -Consumer United Association -Government Printing Office -US Forest Service -FAA -National Weather Service office -Retired or active members of the Armed Forces and their dependents. Also; there are other Select Employer Groups in Pueblo County and Fremont County that qualify for membership; see site for more details. - 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 Pueblo Government Agencies Credit Union had $145,000 in non-current loans and owned real-estate with $3.88 million in equity and loan loss allowances on hand to cover it. This gives Pueblo Government Agencies Credit Union a Texas Ratio of 3.74% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
The Texas Ratio for Pueblo Government Agencies Credit Union experienced no significant changes from 4.15% as of March 31, 2013 to 3.74% as of March 31, 2014, resulting in a positive change of 9.75%.This indicates that the balance sheet and financial strength for Pueblo Government Agencies Credit Union has had no significant changes in recent periods.
In the past year, Pueblo Government Agencies Credit Union has increased its total deposits by $1.13 million, resulting in 5.05% 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 Pueblo Government Agencies Credit Union has shown is excellent.
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. Pueblo Government Agencies Credit Union has $27.46 million in assets with $3.88 million in equity, resulting in a capitalization level of 14.12%, which is excellent.
|Assets and Liabilities|
|Equity Capital||$3.79 million|
|Loan Loss Allowance||$84,000|
|Unbacked Noncurrent Loans||$25,000|
|Real Estate Owned||$120,000|
|Historic Data - March 2013|
|Equity Capital||$3.77 million|
|Loan Loss Allowance||$89,000|
|Unbacked Noncurrent Loans||$25,000|
|Real Estate Owned||$0|
|Profit Margin - Quarterly|
|Net Interest Margin||1.48%|
|Return on Assets||0.29%|
|Return on Equity||2.11%|
Always verify rates and promotions with the bank or credit union. We are not Pueblo Government Agencies Credit Union, we are a rate comparison website and can not provide official rates or promotions.
|0.10%||-||-||Regular Club (Dream Accounts)|
|0.25%||-||-||TRUE Money Market|
|0.80%||$1k||-||36 Month Share Certificate|
|0.60%||$1k||-||24 Month Share Certificate|
|0.40%||$1k||-||12 Month Share Certificate|
|0.30%||$1k||-||6 Month Share Certificate|
|0.80%||$1k||-||36 Month IRA Certificate|
|0.60%||$1k||-||24 Month IRA Certificate|
|0.40%||$1k||-||12 Month IRA Certificate|
|0.30%||$1k||-||6 Month IRA Certificate|
|Pueblo Government Agencies Credit Union Locations|
|Pueblo Office||720 N Greenwood St||Pueblo, CO 81003-3014|
|Florence Office||123 S Pikes Peak Ave||Florence, CO 81226|