Raytown-Lee's Summit Community Credit Union

Raytown-Lee's Summit Community Credit Union Locations

10021 E 66th Terrace
Raytown, MO 64133
816-356-0791
www.rlsccu.org

OverView
Rates
Health
Reviews

Raytown-Lee's Summit Community Credit Union is headquartered in Raytown and is the 32^nd largest credit union in the state of Missouri. It is also the 1,981^st largest credit union in the nation. It was established in 1958 and as of December of 2011, it had grown to 17 employees and 8,986 members. Raytown-Lee's Summit Community Credit Union has a 4-star health rating.

Report an Issue

See Rates for: Savings | CD | IRA

Raytown-Lee's Summit Community Credit Union Savings Account Rates

	Apy	Min	Max	Product
	0.20%	-	-	Regular Savings Account

Raytown-Lee's Summit Community Credit Union CD Rates

Apy	Min	Max	Product
0.51%	$500	-	48 Month CD
0.40%	$500	-	36 Month CD
0.35%	$500	-	24 Month CD
0.30%	$500	-	18 Month CD
0.25%	$500	-	12 Month CD
0.20%	$500	-	6 Month CD

Raytown-Lee's Summit Community Credit Union IRA Rates

Apy	Min	Max	Product
0.55%	$500	-	48 Month IRA
0.55%	$500	-	48 Month Roth IRA
0.55%	$500	-	48 Month CESA
0.40%	$500	-	36 Month IRA
0.40%	$500	-	36 Month Roth IRA
0.40%	$500	-	36 Month CESA
0.35%	$500	-	24 Month IRA
0.35%	$500	-	24 Month Roth IRA
0.35%	$500	-	24 Month CESA
0.25%	$500	-	12 Month IRA
0.25%	$500	-	12 Month Roth IRA
0.25%	$500	-	12 Month CESA
0.20%	$500	-	6 Month IRA
0.20%	$500	-	6 Month Roth IRA
0.20%	$500	-	6 Month CESA

Rates updated: 5/27/2012

Data for Q4 2011

Institution Statistics

RAYTOWN-LEE'S SUMMIT COMMUNITY
NCUA #	62815
BankRate Report	View
Year Chartered	1958
Employees	17
Primary Regulator
Assets and Liabilities
Assets	$60.85 million
Loans	$54.65 million
Deposits	$52.80 million
Equity Capital	$4.36 million
Loan Loss Allowance	$516,000
Unbacked Noncurrent Loans	$787,000
Historic Data - December 2010
Assets	$54.58 million
Equity Capital	$4.32 million
Loan Loss Allowance	$530,000
Unbacked Noncurrent Loans	$833,000
Real Estate Owned	$110,000
Profit Margin - Quarterly
Net Interest Margin	3.49%
Return on Assets	0.09%
Return on Equity	1.28%
Interest Income	$2.63 million
Non-Interest Income	$691,000

Institution Health

Overall Score:

4 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 Raytown-Lee's Summit Community Credit Union had $787,000 in non-current loans and owned real-estate with $4.87 million in equity and loan loss allowances on hand to cover it. This gives Raytown-Lee's Summit Community Credit Union a Texas Ratio of 16.15% 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 Raytown-Lee's Summit Community Credit Union decreased slightly from 19.44% as of December 31, 2010 to 16.15% as of December 31, 2011, resulting in a positive change of 16.94%.This indicates that the balance sheet and financial strength for Raytown-Lee's Summit Community Credit Union has improved slightly in recent periods.
Deposit Growth
In the past year, Raytown-Lee's Summit Community Credit Union has increased its total deposits by $2.92 million, resulting in 5.86% 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 Raytown-Lee's Summit Community Credit Union has shown is excellent.
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. Raytown-Lee's Summit Community Credit Union has $60.85 million in assets with $4.87 million in equity, resulting in a capitalization level of 8.01%, which is average.

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