Sabine Credit Union

Sabine Credit Union is headquartered in Orange and is the 88^th largest credit union in the state of Texas. It is also the 1,057^th largest credit union in the nation. It was established in 1948 and as of December of 2011, it had grown to 55 employees and 14,411 members. Sabine Credit Union's savings rates are 54% higher than the national average, and it boasts a 5-star health rating.

Sabine Credit Union Checking Account Rates

Sabine Credit Union Savings Account Rates

Sabine Credit Union CD Rates

Data for Q4 2011

Institution Statistics SABINE NCUA # 5866 BankRate Report View Year Chartered 1948 Employees 55 Primary Regulator Assets and Liabilities Assets $150.95 million Loans $98.25 million Deposits $131.49 million Equity Capital $18.36 million Loan Loss Allowance $301,000 Unbacked Noncurrent Loans $1.27 million Historic Data - December 2010 Assets $152.16 million Equity Capital $17.42 million Loan Loss Allowance $499,000 Unbacked Noncurrent Loans $709,000 Profit Margin - Quarterly Net Interest Margin 5.89% Return on Assets 0.6% Return on Equity 4.97% Interest Income $6.70 million Non-Interest Income $1.64 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 Sabine Credit Union had $1.27 million in non-current loans and owned real-estate with $18.66 million in equity and loan loss allowances on hand to cover it. This gives Sabine Credit Union a Texas Ratio of 6.81% 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 Sabine Credit Union held steady from 3.96% as of December 31, 2010 to 6.81% as of December 31, 2011, resulting in a negative change of 72.08%. This indicates that the balance sheet and financial strength for Sabine Credit Union has held steady in recent periods. Deposit Growth In the past year, Sabine Credit Union has decreased its total deposits by -$2.2 million, resulting in -1.64% 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 Sabine Credit Union has shown is below average. 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. Sabine Credit Union has $150.95 million in assets with $18.66 million in equity, resulting in a capitalization level of 12.36%, which is excellent.

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