SCE Federal Credit Union

SCE Federal Credit Union is headquartered in El Monte and is the 66^th largest credit union in the state of California. It is also the 395^th largest credit union in the nation. It was established in 1952 and as of December of 2011, it had grown to 124 employees and 40,485 members. SCE Federal Credit Union has a 4-star health rating.

SCE Federal Credit Union Checking Account Rates

SCE Federal Credit Union Savings Account Rates

SCE Federal Credit Union Money Market Rates

SCE Federal Credit Union CD Rates

SCE Federal Credit Union IRA Rates

Data for Q4 2011

Institution Statistics SCE NCUA # 7835 BankRate Report View Year Chartered 1952 Employees 124 Primary Regulator Assets and Liabilities Assets $502.67 million Loans $286.36 million Deposits $425.55 million Equity Capital $48.19 million Loan Loss Allowance $10.21 million Unbacked Noncurrent Loans $4.71 million Historic Data - December 2010 Assets $480.68 million Equity Capital $43.02 million Loan Loss Allowance $10.08 million Unbacked Noncurrent Loans $4.25 million Real Estate Owned $404,000 Profit Margin - Quarterly Net Interest Margin 5.97% Return on Assets 0.61% Return on Equity 6.39% Interest Income $24.27 million Non-Interest Income $7.06 million

Institution Health Overall Score: 4 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 SCE Federal Credit Union had $4.71 million in non-current loans and owned real-estate with $58.4 million in equity and loan loss allowances on hand to cover it. This gives SCE Federal Credit Union a Texas Ratio of 8.06% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for SCE Federal Credit Union held steady from 8.75% as of December 31, 2010 to 8.06% as of December 31, 2011, resulting in a positive change of 7.93%.This indicates that the balance sheet and financial strength for SCE Federal Credit Union has held steady in recent periods. Deposit Growth In the past year, SCE Federal Credit Union has increased its total deposits by $15.57 million, resulting in 3.8% 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 SCE Federal 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. SCE Federal Credit Union has $502.67 million in assets with $58.4 million in equity, resulting in a capitalization level of 11.62%, which is above average.

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