Sacramento Credit Union

800 H Street
Sacramento, CA 95814
888-722-8601
www.sactocu.org

NCUA

OverView
Rates
Health
Reviews

Sacramento Credit Union is headquartered in Sacramento and is the 85^th largest credit union in the state of California. It is also the 586^th largest credit union in the nation. It was established in 1935 and as of December of 2012, it had grown to 69 employees and 24,429 members. Sacramento Credit Union has a 5-star health rating.

Sacramento Credit Union Routing Number: 321175520

3.01% Reward Checking Account at a California CU (Sacramento) - 7/9/2007

Update 3/07/09: The top yield has fallen to 3.01% APY. Refer to the bottom of the post for the rate history.Sacramento Credit Union has started a Rewards Checking Account that pays 3.01% APY for balances up to $25,000 (1.01% for above) and free automatic...

Report an Issue

See Rates for: Checking | Savings | Money Market | CD | IRA

Sacramento Credit Union Checking Account Rates

Apy	Min	Max	Product
1.56%	-	$15k	Free Rewards
0.01%	$10k	-	Free Super Interest
0.01%	-	-	Free Interest Checking
0.01%	$5k	-	Business Interest Checking

Sacramento Credit Union Savings Account Rates

Apy	Min	Max	Product
0.06%	$10k	-	Share Accounts
0.06%	$10k	-	IRA Share Account
0.06%	$10k	-	Business Savings
0.06%	$10k	-	Roth IRA Share Account
0.06%	$10k	-	CESA Share Account
0.05%	$100k	-	Business Sweep Account

Sacramento Credit Union Money Market Rates

Apy	Min	Max	Product
0.17%	$100k	-	Premium Money Market
0.15%	$100k	-	Money Market
0.15%	$100k	-	Business Money Market

Sacramento Credit Union CD Rates

Apy	Min	Max	Product
1.18%	$100k	-	60 Month CD
1.18%	$100k	-	Business 60 Month CD
0.75%	$100k	-	48 Month CD
0.75%	$100k	-	Business 48 Month CD
0.55%	$50k	-	36 Month CD
0.55%	$50k	-	Business 36 Month CD
0.36%	$50k	-	30 Month CD
0.36%	$50k	-	Business 30 Month CD
0.32%	$50k	-	24 Month CD
0.32%	$50k	-	Business 24 Month CD
0.21%	$100k	-	18 Month CD
0.21%	$100k	-	Business 18 Month CD
0.20%	$100k	-	12 Month CD
0.20%	$100k	-	Business 12 Month CD
0.12%	$1k	-	6 Month CD
0.12%	$1k	-	Business 6 Month CD
0.07%	$1k	-	3 Month CD
0.07%	$1k	-	Business 3 Month CD

Sacramento Credit Union IRA Rates

Apy	Min	Max	Product
1.18%	$100k	-	60 Month IRA
1.18%	$100k	-	60 Month Roth IRA
0.75%	$100k	-	48 Month IRA
0.75%	$100k	-	48 Month CESA
0.75%	$100k	-	48 Month Roth IRA
0.55%	$50k	-	36 Month IRA
0.55%	$50k	-	36 Month Roth IRA
0.36%	$50k	-	30 Month IRA
0.36%	$50k	-	30 Month Roth IRA
0.32%	$50k	-	24 Month IRA
0.32%	$50k	-	24 Month CESA
0.32%	$50k	-	24 Month Roth IRA
0.21%	$100k	-	18 Month IRA
0.21%	$100k	-	18 Month Roth IRA
0.20%	$100k	-	12 Month IRA
0.20%	$100k	-	12 Month CESA
0.20%	$100k	-	12 Month Roth IRA
0.12%	$500	-	6 Month IRA
0.12%	$500	-	6 Month Roth IRA

Rates updated: 5/20/2013

Data for Q4 2012

Institution Statistics

SACRAMENTO
NCUA #	62641
BankRate Report	View
Year Chartered	1935
Employees	69
Primary Regulator
Assets and Liabilities
Assets	$351.23 million
Loans	$126.83 million
Deposits	$304.78 million
Equity Capital	$42.98 million
Loan Loss Allowance	$2.77 million
Unbacked Noncurrent Loans	$341,000
Real Estate Owned	$85,000
Historic Data - December 2011
Assets	$340.47 million
Equity Capital	$38.70 million
Loan Loss Allowance	$4.20 million
Unbacked Noncurrent Loans	$1.55 million
Profit Margin - Quarterly
Net Interest Margin	4.7%
Return on Assets	1.22%
Return on Equity	9.97%
Interest Income	$8.47 million
Non-Interest Income	$6.99 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, 2012 Sacramento Credit Union had $426,000 in non-current loans and owned real-estate with $45.75 million in equity and loan loss allowances on hand to cover it. This gives Sacramento Credit Union a Texas Ratio of 0.93% 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 Sacramento Credit Union decreased significantly from 3.62% as of December 31, 2011 to 0.93% as of December 31, 2012, resulting in a positive change of 74.26%.This indicates that the balance sheet and financial strength for Sacramento Credit Union has improved significantly in recent periods.
Deposit Growth
In the past year, Sacramento Credit Union has increased its total deposits by $6.1 million, resulting in 2.04% 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 Sacramento Credit Union has shown is above 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. Sacramento Credit Union has $351.23 million in assets with $45.75 million in equity, resulting in a capitalization level of 13.03%, which is excellent.