Service Credit Union is headquartered in Green Bay and is the 112st largest credit union in the state of Wisconsin. It is also the 3,945th largest credit union in the nation. It was established in 1934 and as of March of 2014, it had grown to 2 employees and 1,535 members. Service Credit Union has a B health rating.
Must be an employee or retiree of Integrys Energy Group, Inc. or any of its subsidiaries. Also open to residents of the State of Wisconsin and Michigan. - See Details
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The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Service Credit Union had $0 in non-current loans and owned real-estate with $2.42 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.
In the past year, Service Credit Union has decreased its total deposits by $-159,000, resulting in -1.25% 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 average.
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 $15 million in assets with $2.42 million in equity, resulting in a capitalization level of 16.16%, which is excellent.
|Assets and Liabilities|
|Equity Capital||$2.41 million|
|Loan Loss Allowance||$12,000|
|Real Estate Owned||$0|
|Historic Data - March 2013|
|Equity Capital||$2.42 million|
|Loan Loss Allowance||$40,000|
|Real Estate Owned||$0|
|Profit Margin - Quarterly|
|Net Interest Margin||0.81%|
|Return on Assets||-0.11%|
|Return on Equity||-0.66%|
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|0.30%||$2,500||-||365 Day Share Certificate|
|0.10%||$2,500||-||182 Day Share Certificate|
|Service Credit Union Locations|
|Branch Office||600 N Adams St||Green Bay, WI 54301|