San Diego Metropolitan Credit Union

San Diego Metropolitan Credit Union Locations
P O Box 719099
San Diego, CA 921719099
619.297.4835
www.sdmcu.org



San Diego Metropolitan Credit Union is headquartered in SAN DIEGO and is the 98th largest credit union in the state of California. It is also the 729th largest credit union in the nation. It was established in 1934 and as of December of 2011, it had grown to 63 employees and 15,825 members. San Diego Metropolitan Credit Union has a 2-star health rating.

San Diego Metropolitan Credit Union Routing Number: 322281549

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4.50% 12-Month CD at San Diego Metropolitan Credit Union - 12/28/2008

San Diego Metropolitan Credit Union has a very attractive certificate promotion. The promotion includes a 4.25% APY 12-month CD and a 4.00% APY 6-month CD. You can earn an extra 0.25% if you currently have or if you open a qualifying checking account....



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

San Diego Metropolitan Credit Union Checking Account Rates

ApyMinMaxProduct
0.10%$50k-METRO Reward Checking
0.05%$2,500-METRO Dividend Checking

San Diego Metropolitan Credit Union Savings Account Rates

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0.05%$100-Regular Share Account
0.05%$100-Saving Account
0.05%$100-Choice Account
0.05%$25-Daily IRA Account
0.05%$25-Education Saving Account
0.05%$100-Aspire Saving Account

San Diego Metropolitan Credit Union Money Market Rates

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0.15%$50k-Money Market Account

San Diego Metropolitan Credit Union CD Rates

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1.31%$90k-60 Month CD
0.70%$90k-36 Month CD
0.50%$90k-24 Month CD
0.30%$90k-18 Month CD
0.30%$90k-12 Month CD
0.20%$90k-8 Month CD
0.20%$90k-6 Month CD
0.15%$90k-3 Month CD
0.15%$90k-12 Month Aim High CD

San Diego Metropolitan Credit Union IRA Rates

ApyMinMaxProduct
1.31%$90k-60 Month IRA
0.70%$90k-36 Month IRA
0.50%$90k-24 Month IRA
0.30%$90k-12 Month IRA
0.30%$90k-18 Month IRA
0.20%$90k-6 Month IRA
0.20%$90k-8 Month IRA

Rates updated: 5/27/2012

Data for Q4 2011


Institution Statistics


SAN DIEGO METROPOLITAN
NCUA #61003
BankRate ReportView
Year Chartered1934
Employees63
Primary Regulator

Assets and Liabilities

Assets$248.17 million
Loans$173.44 million
Deposits$230.51 million
Equity Capital$14.78 million
Loan Loss Allowance$8.69 million
Unbacked Noncurrent Loans$6.28 million
Real Estate Owned$2.58 million

Historic Data - December 2010

Assets$257.58 million
Equity Capital$15.34 million
Loan Loss Allowance$9.40 million
Unbacked Noncurrent Loans$7.32 million
Real Estate Owned$2.97 million

Profit Margin - Quarterly

Net Interest Margin5.27%
Return on Assets0.37%
Return on Equity6.27%
Interest Income$11.84 million
Non-Interest Income$3.01 million

Institution Health


Overall Score:
2 out of 5
2
Texas Ratio2
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 San Diego Metropolitan Credit Union had $8.86 million in non-current loans and owned real-estate with $23.47 million in equity and loan loss allowances on hand to cover it. This gives San Diego Metropolitan Credit Union a Texas Ratio of 37.73% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend3
The Texas Ratio for San Diego Metropolitan Credit Union held steady from 41.59% as of December 31, 2010 to 37.73% as of December 31, 2011, resulting in a positive change of 9.27%.This indicates that the balance sheet and financial strength for San Diego Metropolitan Credit Union has held steady in recent periods.
Deposit Growth2
In the past year, San Diego Metropolitan Credit Union has decreased its total deposits by -$8.95 million, resulting in -3.74% 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 San Diego Metropolitan Credit Union has shown is below average.
Capitalization3
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. San Diego Metropolitan Credit Union has $248.17 million in assets with $23.47 million in equity, resulting in a capitalization level of 9.46%, which is average.
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