Richard Allen Credit Union

Richard Allen Credit Union is headquartered in Philadelphia and is the 523^rd largest credit union in the state of Pennsylvania. It is also the 7,227^th largest credit union in the nation. It was established in 1959 and as of December of 2011, it had grown to employees and 53 members. Richard Allen Credit Union has a 4-star health rating.

Data for Q4 2011

Institution Statistics RICHARD ALLEN NCUA # 12850 BankRate Report View Year Chartered 1959 Employees 0 Primary Regulator Assets and Liabilities Assets $44,000 Deposits $32,000 Equity Capital $12,000 Historic Data - December 2010 Assets $49,000 Equity Capital $12,000 Profit Margin - Quarterly Net Interest Margin 0% Return on Assets -2.27% Return on Equity -8.33%

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 Richard Allen Credit Union had $0 in non-current loans and owned real-estate with $12,000 in equity and loan loss allowances on hand to cover it. This gives Richard Allen Credit Union a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Deposit Growth In the past year, Richard Allen Credit Union has decreased its total deposits by $-5,000, resulting in -13.51% 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 Richard Allen 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. Richard Allen Credit Union has $44,000 in assets with $12,000 in equity, resulting in a capitalization level of 27.27%, which is excellent.

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