Self-Help Credit Union

301 W. Main Street
Durham, NC 27701
(919) 956-4400
www.self-help.org

OverView
Rates
Health
Reviews

Self-Help Credit Union is headquartered in DURHAM and is the 7^th largest credit union in the state of North Carolina. It is also the 348^th largest credit union in the nation. It was established in 1983 and as of December of 2011, it had grown to 102 employees and 38,578 members. Self-Help Credit Union's savings rates are 2X the national average, but it has a 2-star health rating.

Competitive 12-Month and 18-Month CD Rates at Community Trust Credit Union in California - Local Only - 2/11/2010

Community Trust Credit Union is offering some competitive CD and IRA CD rates. These include a 2.07% APY 12-month CD, a 2.17% APY 18-month CD and a 2.33% APY 24-month CD. Minimum deposit is $2,500. T ...

2.07% 12-Month CD Continues at Self-Help Credit Union - Available Nationwide (Forum) - 2/3/2010

Self-Help Credit Union continues to offer a 2.07% APY 12-month CD and a 2.33% APY 24-month CD. This is as of the morning of 2/3/2010. These rates haven't changed for months. Refer to my December SHCU review for more details. In addition to joining and ope

Competitive CD Rates at Self-Help Credit Union in NC & CA - Available Nationwide - 12/6/2009

Self-Help Credit Union (SHCU) continues to offer some competitive CD rates. The deposit rates haven't been that great since my 2008 SHCU post, but its 12-month and 24-month CD rates have held for the last several months while other institutions have been...

Self-Help Credit Union - CD Rates and a Big Policy Change - 6/16/2008

Self-Help Credit Union has been offering some attractive CD rates lately. The most competitive rates currently range from 3.75% APY for a 12-month term to 4.76% APY for a 60-month term. The minimum deposit is $500. Below is the full list of rates:CD...

2007

6/10 - Self-Help Credit Union - Unique CDs, Good Rates, Easy Membership

Report an Issue

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

Self-Help Credit Union Checking Account Rates

Apy	Min	Max	Product
0.24%	$2,500	-	Premium Checking
0.15%	-	-	Business Checking
0.15%	-	-	Basic Checking

Self-Help Credit Union Savings Account Rates

Apy	Min	Max	Product
1.06%	-	-	IRA Savings
1.06%	-	-	Roth IRA Savings
1.06%	-	-	Educational IRA Savings
0.50%	-	-	Regular Savings

Self-Help Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.84%	$500k	-	Money Market Account

Self-Help Credit Union CD Rates

Apy	Min	Max	Product
1.77%	$500	-	48 Month CD
1.77%	$500	-	60 Month CD
1.77%	$500	-	48 Month Green Term CD
1.77%	$500	-	60 Month Green Term CD
1.77%	$500	-	48 Month Women & Children Term CD
1.77%	$500	-	60 Month Women & Children Term CD
1.51%	$500	-	36 Month CD
1.51%	$500	-	36 Month Green Term CD
1.51%	$500	-	36 Month Women & Children Term CD
1.26%	$500	-	24 Month CD
1.26%	$500	-	24 Month Green Term CD
1.26%	$500	-	24 Month Women & Children Term CD
1.06%	$500	-	12 Month CD
1.06%	$500	-	18 Month CD
1.06%	$500	-	12 Month Green Term CD
1.06%	$500	-	18 Month Green Term CD
1.06%	$500	-	12 Month Women & Children Term CD
1.06%	$500	-	18 Month Women & Children Term CD
0.75%	$500	-	6 Month CD
0.75%	$500	-	48 Month Pauli Murray CD
0.75%	$500	-	60 Month Pauli Murray CD
0.75%	$500	-	6 Month Green Term CD
0.75%	$500	-	6 Month Women & Children Term CD
0.50%	$500	-	3 Month CD
0.50%	$500	-	36 Month Pauli Murray CD
0.50%	$500	-	3 Month Green Term CD
0.50%	$500	-	3 Month Women & Children Term CD
0.50%	$500	-	Economic Development Term CD
0.25%	$500	-	24 Month Pauli Murray CD
0.05%	$500	-	12 Month Pauli Murray CD
0.05%	$500	-	18 Month Pauli Murray CD

Self-Help Credit Union IRA Rates

Apy	Min	Max	Product
1.77%	-	-	48 Month IRA
1.77%	-	-	60 Month IRA
1.77%	-	-	48 Month Roth IRA
1.77%	-	-	60 Month Roth IRA
1.77%	-	-	48 Month Educational IRA
1.77%	-	-	60 Month Educational IRA
1.51%	-	-	36 Month IRA
1.51%	-	-	36 Month Roth IRA
1.51%	-	-	36 Month Educational IRA
1.26%	-	-	24 Month IRA
1.26%	-	-	24 Month Roth IRA
1.26%	-	-	24 Month Educational IRA
1.06%	-	-	12 Month IRA
1.06%	-	-	18 Month IRA
1.06%	-	-	12 Month Roth IRA
1.06%	-	-	18 Month Roth IRA
1.06%	-	-	12 Month Educational IRA
1.06%	-	-	18 Month Educational IRA

Rates updated: 5/26/2012

Data for Q4 2011

Institution Statistics

SELF-HELP
NCUA #	66258
BankRate Report	View
Year Chartered	1983
Employees	102
Primary Regulator
Assets and Liabilities
Assets	$564.96 million
Loans	$376.36 million
Deposits	$481.83 million
Equity Capital	$20.28 million
Loan Loss Allowance	$12.81 million
Unbacked Noncurrent Loans	$30.59 million
Real Estate Owned	$3.27 million
Historic Data - December 2010
Assets	$542.57 million
Equity Capital	$25.83 million
Loan Loss Allowance	$10.67 million
Unbacked Noncurrent Loans	$33.10 million
Real Estate Owned	$2.09 million
Profit Margin - Quarterly
Net Interest Margin	3.81%
Return on Assets	0.33%
Return on Equity	9.13%
Interest Income	$29.11 million
Non-Interest Income	$4.69 million

Institution Health

Overall Score:

2 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 Self-Help Credit Union had $33.86 million in non-current loans and owned real-estate with $33.09 million in equity and loan loss allowances on hand to cover it. This gives Self-Help Credit Union a Texas Ratio of 102.32% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Self-Help Credit Union held steady from 96.38% as of December 31, 2010 to 102.32% as of December 31, 2011, resulting in a negative change of 6.17%. This indicates that the balance sheet and financial strength for Self-Help Credit Union has held steady in recent periods.
Deposit Growth
In the past year, Self-Help Credit Union has increased its total deposits by $44.26 million, resulting in 10.12% 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 Self-Help Credit Union has shown is excellent.
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. Self-Help Credit Union has $564.96 million in assets with $33.09 million in equity, resulting in a capitalization level of 5.86%, which is below average.