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Overview / Commentary
P.O. Box 50307
Idaho Falls, ID 83405

Scenic Falls Credit Union is headquartered in IDAHO FALLS and is the 16st largest credit union in the state of Idaho. It is also the 2,021st largest credit union in the nation. It was established in 1971 and as of December of 2013, it had grown to 28 employees and 8,627 members. Scenic Falls Credit Union has a B+ health rating.

Field of Membership Restrictions

Must live, work, worship or attend school in Bonneville County. - See Details

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Data for Q4 2013

Institution Health

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

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, 2013 Scenic Falls Credit Union had $382,000 in non-current loans and owned real-estate with $5.28 million in equity and loan loss allowances on hand to cover it. This gives Scenic Falls Credit Union a Texas Ratio of 7.23% 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 Scenic Falls Credit Union decreased slightly from 9.71% as of December 31, 2012 to 7.23% as of December 31, 2013, resulting in a positive change of 25.54%.This indicates that the balance sheet and financial strength for Scenic Falls Credit Union has improved slightly in recent periods.

Deposit Growth


In the past year, Scenic Falls Credit Union has increased its total deposits by $1.81 million, resulting in 3.32% 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 Scenic Falls Credit Union has shown is excellent.



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. Scenic Falls Credit Union has $62.04 million in assets with $5.28 million in equity, resulting in a capitalization level of 8.51%, which is average.

Institution Statistics

NCUA #20721
Year Chartered1971
Primary Regulator
Assets and Liabilities
Assets$62.05 million
Loans$50.26 million
Deposits$56.17 million
Equity Capital$4.76 million
Loan Loss Allowance$523,000
Unbacked Noncurrent Loans$382,000
Real Estate Owned$0
Historic Data - December 2012
Assets$59.62 million
Equity Capital$4.44 million
Loan Loss Allowance$740,000
Unbacked Noncurrent Loans$382,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin4.22%
Return on Assets0.63%
Return on Equity8.15%
Interest Income$2.56 million

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Scenic Falls Credit Union Savings Account Rates

0.25%--IRA Account
0.15%--Share Account

Scenic Falls Credit Union Money Market Rates

0.35%$100k-Money Market Account

Scenic Falls Credit Union Checking Account Rates

0.05%--Share Draft Account

Scenic Falls Credit Union CD Rates

1.65%$50k-60 Month Share Certificate
1.30%$50k-48 Month Share Certificate
1.05%$50k-36 Month Share Certificate
0.80%$50k-24 Month Share Certificate
0.55%$50k-12 Month Share Certificate
0.35%$50k-6 Month Share Certificate

Scenic Falls Credit Union IRA Rates

1.65%$50k-60 Month IRA Share Certificate
1.30%$50k-48 Month IRA Share Certificate
1.05%$50k-36 Month IRA Share Certificate
0.80%$50k-24 Month IRA Share Certificate
0.55%$50k-12 Month IRA Share Certificate
0.35%$50k-6 Month IRA Share Certificate

Scenic Falls Credit Union Locations
Branch Office700 Memorial DrIdaho Falls, ID 83402
Branch Office1530 Elk Creek DrIdaho Falls, ID 83404