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Overview / Commentary
1006 E Main St
Mandan, ND 58554-3762

Railway Credit Union is headquartered in Mandan and is the 11st largest credit union in the state of North Dakota. It is also the 1,647th largest credit union in the nation. It was established in 1954 and as of March of 2014, it had grown to 21 employees and 6,467 members. Railway Credit Union has a A+ health rating.

Field of Membership Restrictions

Must be an employee or retiree of BNSF Corporation, CP Rail Company, Qwest, AT&T or any affiliated telecommunication employee, Teamsters 123 or members of AFL-CIO. - See Details

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Data for Q1 2014

Institution Health

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

Texas Ratio


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 Railway Credit Union had $210,000 in non-current loans and owned real-estate with $10.94 million in equity and loan loss allowances on hand to cover it. This gives Railway Credit Union a Texas Ratio of 1.92% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Railway Credit Union experienced no significant changes from 0.02% as of March 31, 2013 to 1.92% as of March 31, 2014, resulting in a negative change of 8,412.06%. This indicates that the balance sheet and financial strength for Railway Credit Union has had no significant changes in recent periods.

Deposit Growth


In the past year, Railway Credit Union has increased its total deposits by $19.62 million, resulting in 34.79% 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 Railway 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. Railway Credit Union has $88.01 million in assets with $10.94 million in equity, resulting in a capitalization level of 12.43%, which is excellent.

Institution Statistics

NCUA #60787
Year Chartered1954
Primary Regulator
Assets and Liabilities
Assets$88.01 million
Loans$55.41 million
Deposits$76.02 million
Equity Capital$10.49 million
Loan Loss Allowance$459,000
Unbacked Noncurrent Loans$210,000
Real Estate Owned$0
Historic Data - March 2013
Assets$65.63 million
Equity Capital$8.46 million
Loan Loss Allowance$416,000
Unbacked Noncurrent Loans$210,000
Real Estate Owned$0
Profit Margin - Quarterly
Return on Assets1.04%
Return on Equity8.7%
Interest Income$792,000
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Railway Credit Union Savings Account Rates

0.35%$25k-IRA Investments
0.25%$75k-High Yield Savings
0.25%$500-Senior Express Club
0.10%$100-Christmas Club

Railway Credit Union Checking Account Rates

0.25%$25k-Senior Checking
0.05%$100-Regular Checking

Railway Credit Union CD Rates

1.41%$2k-60 Month CD
1.41%$2k-5 Year Bump a Rate CD Special
1.21%$2k-48 Month CD
1.00%$2k-36 Month CD
0.80%$2k-18 Month CD
0.45%$2k-13 Month CD
0.40%$2k-12 Month CD

Railway Credit Union Locations
Branch Office1006 E Main StMandan, ND 58554-3762
Branch Office112 S 24th StBismarck, ND 585014924
Branch Office300 1st St SWMandan, ND 58554-4157