Rio Grande CU (NM)

Rio Grande CU (NM) is headquartered in Albuquerque and is the 11^st largest credit union in the state of New Mexico. It is also the 921^st largest credit union in the nation. It was established in 1952 and as of December of 2011, it had grown to 78 employees and 20,312 members. Rio Grande CU (NM)'s savings rates are 44% higher than the national average, and it boasts a 5-star health rating.

Rio Grande CU (NM) Checking Account Rates

Rio Grande CU (NM) Savings Account Rates

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Rio Grande CU (NM) IRA Rates

Data for Q4 2011

Institution Statistics RIO GRANDE NCUA # 62573 BankRate Report View Year Chartered 1952 Employees 78 Primary Regulator Assets and Liabilities Assets $181.70 million Loans $130.33 million Deposits $157.63 million Equity Capital $23.35 million Loan Loss Allowance $1.67 million Unbacked Noncurrent Loans $1.17 million Real Estate Owned $162,000 Historic Data - December 2010 Assets $159.61 million Equity Capital $20.57 million Loan Loss Allowance $1.29 million Unbacked Noncurrent Loans $980,000 Profit Margin - Quarterly Net Interest Margin 6.31% Return on Assets 1.47% Return on Equity 11.47% Interest Income $10.11 million Non-Interest Income $3.94 million

Institution Health Overall Score: 5 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 Rio Grande CU (NM) had $1.34 million in non-current loans and owned real-estate with $25.02 million in equity and loan loss allowances on hand to cover it. This gives Rio Grande CU (NM) a Texas Ratio of 5.34% 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 Rio Grande CU (NM) held steady from 4.48% as of December 31, 2010 to 5.34% as of December 31, 2011, resulting in a negative change of 19.09%. This indicates that the balance sheet and financial strength for Rio Grande CU (NM) has held steady in recent periods. Deposit Growth In the past year, Rio Grande CU (NM) has increased its total deposits by $19.19 million, resulting in 13.86% 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 Rio Grande CU (NM) 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. Rio Grande CU (NM) has $181.7 million in assets with $25.02 million in equity, resulting in a capitalization level of 13.77%, which is excellent.

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