Quindaro Homes Credit Union

Quindaro Homes Credit Union is headquartered in Kansas City and is the 91^st largest credit union in the state of Kansas. It is also the 6,591^st largest credit union in the nation. It was established in 1952 and as of December of 2011, it had grown to employees and 270 members. Quindaro Homes Credit Union has a 3-star health rating.

Data for Q4 2011

Institution Statistics QUINDARO HOMES NCUA # 8216 BankRate Report View Year Chartered 1952 Employees 0 Primary Regulator Assets and Liabilities Assets $1.28 million Loans $596,000 Deposits $1.03 million Equity Capital $248,000 Loan Loss Allowance $12,000 Unbacked Noncurrent Loans $48,000 Historic Data - December 2010 Assets $1.37 million Equity Capital $248,000 Loan Loss Allowance $11,000 Unbacked Noncurrent Loans $44,000 Profit Margin - Quarterly Net Interest Margin 8.45% Return on Assets 0% Return on Equity 0% Interest Income $59,000

Institution Health Overall Score: 3 out of 5 Texas Ratio 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, 2011 Quindaro Homes Credit Union had $48,000 in non-current loans and owned real-estate with $260,000 in equity and loan loss allowances on hand to cover it. This gives Quindaro Homes Credit Union a Texas Ratio of 18.46% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Quindaro Homes Credit Union held steady from 16.99% as of December 31, 2010 to 18.46% as of December 31, 2011, resulting in a negative change of 8.67%. This indicates that the balance sheet and financial strength for Quindaro Homes Credit Union has held steady in recent periods. Deposit Growth In the past year, Quindaro Homes Credit Union has decreased its total deposits by $-94,000, resulting in -8.36% 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 Quindaro Homes Credit Union has shown is poor. Capitalization 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. Quindaro Homes Credit Union has $1.28 million in assets with $260,000 in equity, resulting in a capitalization level of 20.30%, which is excellent.

No reviews have been left for this bank yet. Be the first to review.