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Overview / Commentary
575-623-7788
2514 N Main St
Roswell, NM 88201

Roswell Community Credit Union is headquartered in Roswell and is the 25th largest credit union in the state of New Mexico. It is also the 3,202nd largest credit union in the nation. It was established in 1953 and as of December of 2013, it had grown to 8 employees and 2,365 members. Roswell Community Credit Union has a B health rating.

Field of Membership Restrictions

Must live, work, worship or attend school in Chaves, De Baca, Eddy, Lincoln or Roosevelt County. - See Details

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Health

Data for Q4 2013

Institution Health

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

Texas Ratio

GRADE:
A+

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, 2013 Roswell Community Credit Union had $22,000 in non-current loans and owned real-estate with $2.3 million in equity and loan loss allowances on hand to cover it. This gives Roswell Community Credit Union a Texas Ratio of 0.96% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Roswell Community Credit Union experienced no significant changes from 0.71% as of December 31, 2012 to 0.96% as of December 31, 2013, resulting in a negative change of 34.09%. This indicates that the balance sheet and financial strength for Roswell Community Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Roswell Community Credit Union has increased its total deposits by $2.51 million, resulting in 12.61% 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 Roswell Community Credit Union has shown is excellent.

Capitalization

GRADE:
C+

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. Roswell Community Credit Union has $24.83 million in assets with $2.3 million in equity, resulting in a capitalization level of 9.25%, which is average.

Institution Statistics

Overall
NCUA #9093
Year Chartered1953
Employees8
Primary Regulator
Assets and Liabilities
Assets$24.83 million
Loans$16.16 million
Deposits$22.40 million
Equity Capital$2.26 million
Loan Loss Allowance$35,000
Unbacked Noncurrent Loans$22,000
Real Estate Owned$0
Historic Data - December 2012
Assets$22.02 million
Equity Capital$1.92 million
Loan Loss Allowance$45,000
Unbacked Noncurrent Loans$22,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin5.87%
Return on Assets1.4%
Return on Equity15.38%
Interest Income$1.09 million
Rates
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Roswell Community Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.30%$40k-Savings Account
0.20%$25-IRA Account
0.15%--Christmas Club Savings

Roswell Community Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.25%$2,500-Money Market Checking Account

Roswell Community Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.00%$2k-36 Month CD
0.85%$2k-24 Month CD
0.60%$2k-18 Month CD
0.50%$2k-12 Month CD
0.25%$2k-6 Month CD
0.15%$2k-3 Month CD
Locations


Roswell Community Credit Union Locations
Branch Office2514 N Main StRoswell, NM 88201
Branch Office26144 US Highway 70 ERuidoso Downs, NM 88346