Selco Community Credit Union

Selco Community Credit Union is headquartered in Eugene and is the 3^rd largest credit union in the state of Oregon. It is also the 200^th largest credit union in the nation. It was established in 1936 and as of December of 2011, it had grown to 236 employees and 80,446 members. Selco Community Credit Union's savings rates are 35% higher than the national average, and it has a 4-star health rating.

Selco Community Credit Union Checking Account Rates

Selco Community Credit Union Savings Account Rates

Selco Community Credit Union Money Market Rates

Selco Community Credit Union CD Rates

Selco Community Credit Union IRA Rates

Data for Q4 2011

Institution Statistics SELCO COMMUNITY NCUA # 63196 BankRate Report View Year Chartered 1936 Employees 236 Primary Regulator Assets and Liabilities Assets $917.98 million Loans $700.82 million Deposits $829.92 million Equity Capital $75.45 million Loan Loss Allowance $11.49 million Unbacked Noncurrent Loans $4.98 million Real Estate Owned $2.76 million Historic Data - December 2010 Assets $895.73 million Equity Capital $67.42 million Loan Loss Allowance $13.88 million Unbacked Noncurrent Loans $9.67 million Real Estate Owned $3.24 million Profit Margin - Quarterly Net Interest Margin 4.4% Return on Assets 0.85% Return on Equity 10.37% Interest Income $37.75 million Non-Interest Income $14.21 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 Selco Community Credit Union had $7.74 million in non-current loans and owned real-estate with $86.93 million in equity and loan loss allowances on hand to cover it. This gives Selco Community Credit Union a Texas Ratio of 8.91% 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 Selco Community Credit Union decreased significantly from 15.88% as of December 31, 2010 to 8.91% as of December 31, 2011, resulting in a positive change of 43.93%.This indicates that the balance sheet and financial strength for Selco Community Credit Union has improved significantly in recent periods. Deposit Growth In the past year, Selco Community Credit Union has increased its total deposits by $15.84 million, resulting in 1.95% 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 Selco Community 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. Selco Community Credit Union has $917.98 million in assets with $86.93 million in equity, resulting in a capitalization level of 9.47%, which is average.

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