Register Guard Employees Credit Union

Register Guard Employees Credit Union is headquartered in SPRINGFIELD and is the 57^th largest credit union in the state of Oregon. It is also the 3,518^st largest credit union in the nation. It was established in 1954 and as of December of 2011, it had grown to 5 employees and 2,359 members. Register Guard Employees Credit Union's savings rates are 54% higher than the national average, and it has a 3-star health rating.

Register Guard Employees Credit Union Checking Account Rates

Register Guard Employees Credit Union Savings Account Rates

Register Guard Employees Credit Union Money Market Rates

Register Guard Employees Credit Union CD Rates

Register Guard Employees Credit Union IRA Rates

Data for Q4 2011

Institution Statistics REGISTER GUARD EMPLOYEES NCUA # 9877 BankRate Report View Year Chartered 1954 Employees 5 Primary Regulator Assets and Liabilities Assets $20.50 million Loans $15.54 million Deposits $17.75 million Equity Capital $2.70 million Loan Loss Allowance $563,000 Unbacked Noncurrent Loans $1.06 million Real Estate Owned $120,000 Historic Data - December 2010 Assets $20.26 million Equity Capital $3.46 million Loan Loss Allowance $18,000 Unbacked Noncurrent Loans $557,000 Profit Margin - Quarterly Net Interest Margin 5.66% Return on Assets -3.7% Return on Equity -28.07% Interest Income $1.04 million Non-Interest Income $99,000

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 Register Guard Employees Credit Union had $1.18 million in non-current loans and owned real-estate with $3.26 million in equity and loan loss allowances on hand to cover it. This gives Register Guard Employees Credit Union a Texas Ratio of 36.13% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Register Guard Employees Credit Union increased slightly from 16.02% as of December 31, 2010 to 36.13% as of December 31, 2011, resulting in a negative change of 125.55%. This indicates that the balance sheet and financial strength for Register Guard Employees Credit Union has declined slightly in recent periods. Deposit Growth In the past year, Register Guard Employees Credit Union has increased its total deposits by $1 million, resulting in 5.99% 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 Register Guard Employees 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. Register Guard Employees Credit Union has $20.5 million in assets with $3.26 million in equity, resulting in a capitalization level of 15.92%, which is excellent.

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