Service Credit Union

Service Credit Union Locations
600 N Adams St
Green Bay, WI 54301
920-433-1784
www.service-cu.com

NCUA


Service Credit Union is headquartered in Green Bay and is the 114st largest credit union in the state of Wisconsin. It is also the 3,992nd largest credit union in the nation. It was established in 1934 and as of December of 2012, it had grown to 2 employees and 1,616 members. Service Credit Union has a 5-star health rating.

Service Credit Union Routing Number: 275977900

Related Posts

Checking and CD Deals at Service Credit Union - Limited Membership - 5/18/2012

Service Credit Union is offering several promotions in celebration of it reaching $2 billion in asset size. The best offer is a $150 bonus for opening a checking account with direct deposit. There's a ...

Service Credit Union's Black Friday Specials - 11/22/2011

ING Direct isn't the only financial institution offering Black Friday specials . There's also Service Credit Union which is having a Black Friday special with some deposit deals. On the first look at ...

CD Specials and Top CD Rates at Service Credit Union - Limited Membership - 8/3/2010

Service Credit Union continues to offer two certificate specials. The rates have gone down since last month, but they remain competitive: 1.65% APY for 19 months and 1.25% APY for 8 months. Minimum de ...

CD Specials and World Wide ATM Rebates at Service Credit Union - Limited Membership - 7/6/2010

Service Credit Union continues to offer two certificate specials. The rates have gone down since my last post in April, but they remain competitive: 1.75% APY for 19-months and 1.40% APY for 8 months. ...

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Service Credit Union Savings Account Rates

ApyMinMaxProduct
0.25%$25$4kHoliday Account
0.05%$25-Share Account

Rates updated: 5/20/2013

Data for Q4 2012


Institution Statistics


SERVICE
NCUA #66530
BankRate ReportView
Year Chartered1934
Employees2
Primary Regulator

Assets and Liabilities

Assets$14.69 million
Loans$5.93 million
Deposits$12.24 million
Equity Capital$2.44 million
Loan Loss Allowance$40,000

Historic Data - December 2011

Assets$14.32 million
Equity Capital$2.44 million
Loan Loss Allowance$40,000
Unbacked Noncurrent Loans$4,000

Profit Margin - Quarterly

Net Interest Margin3.82%
Return on Assets0.01%
Return on Equity0.04%
Interest Income$324,000
Non-Interest Income$5,000

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio5
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, 2012 Service Credit Union had $0 in non-current loans and owned real-estate with $2.48 million in equity and loan loss allowances on hand to cover it. This gives Service Credit Union a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Deposit Growth4
In the past year, Service Credit Union has increased its total deposits by $369,000, resulting in 3.11% 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 Service Credit Union has shown is above average.
Capitalization5
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. Service Credit Union has $14.69 million in assets with $2.48 million in equity, resulting in a capitalization level of 16.87%, which is excellent.
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