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713-844-1100
P.O. Box 578
Deer Park, TX 77536

Shell Federal Credit Union is headquartered in Deer Park and is the 27th largest credit union in the state of Texas. It is also the 349th largest credit union in the nation. It was established in 1937 and as of December of 2013, it had grown to 190 employees and 63,659 members. Shell Federal Credit Union has a A health rating.

Field of Membership Restrictions

To be eligible you must live, work, worship or attend school in Harris County, Texas or have an immediate family member who is currently a member. - See Details

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Health

Data for Q4 2013

Institution Health

A

Texas Ratio

GRADE:
A+

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 Shell Federal Credit Union had $2.8 million in non-current loans and owned real-estate with $63.06 million in equity and loan loss allowances on hand to cover it. This gives Shell Federal Credit Union a Texas Ratio of 4.45% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Shell Federal Credit Union experienced no significant changes from 4.49% as of December 31, 2012 to 4.45% as of December 31, 2013, resulting in a positive change of 0.93%.This indicates that the balance sheet and financial strength for Shell Federal Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Shell Federal Credit Union has increased its total deposits by $60.09 million, resulting in 12.07% 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 Shell Federal Credit Union has shown is excellent.

Capitalization

GRADE:
B+

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. Shell Federal Credit Union has $629.95 million in assets with $63.06 million in equity, resulting in a capitalization level of 10.01%, which is above average.

Institution Statistics

Overall
NCUA #1941
Year Chartered1937
Employees190
Primary Regulator
Assets and Liabilities
Assets$629.95 million
Loans$451.63 million
Deposits$557.79 million
Equity Capital$60.42 million
Loan Loss Allowance$2.64 million
Unbacked Noncurrent Loans$2.73 million
Real Estate Owned$70,000
Historic Data - December 2012
Assets$565.66 million
Equity Capital$53.70 million
Loan Loss Allowance$2.47 million
Unbacked Noncurrent Loans$2.73 million
Real Estate Owned$112,000
Profit Margin - Quarterly
Net Interest Margin4.77%
Return on Assets1.07%
Return on Equity11.12%
Interest Income$25.19 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Shell Federal Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Shell Federal Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.50%--Regular IRA Savings
0.50%--Roth IRA Savings
0.25%--Christmas Club
0.25%--iSave Account
0.15%--Regular Share Savings
0.15%--Special Savings
0.15%--TUTMA Savings
0.15%--Business Membership Savings
0.15%--Business Special Savings

Shell Federal Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.40%$50k-Money Market
0.25%--Business Money Market

Shell Federal Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
2.18%-$20kBE GREEN Checking
0.10%$2k-Regular Checking
0.10%--Business Premier Checking
0.05%--BE GREEN Checking

Shell Federal Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.75%$50k-60 Month Share Certificate
1.75%$50k-Business 60 Month Share Certificate
1.50%$50k-48 Month Share Certificate
1.50%$50k-Business 48 Month Share Certificate
1.25%$50k-36 Month Share Certificate
1.25%$50k-Business 36 Month Share Certificate
1.10%$50k-30 Month Share Certificate
1.10%$50k-Business 30 Month Share Certificate
0.95%$50k-24 Month Share Certificate
0.95%$50k-Business 24 Month Share Certificate
0.80%$50k-18 Month Share Certificate
0.80%$50k-Business 18 Month Share Certificate
0.70%$50k-12 Month Share Certificate
0.70%$50k-Business 12 Month Share Certificate
0.55%$50k-6 Month Share Certificate
0.55%$50k-Business 6 Month Share Certificate

Shell Federal Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.75%$50k-60 Month IRA Certificate (Traditional,Roth)
1.50%$50k-48 Month IRA Certificate (Traditional,Roth)
1.25%$50k-36 Month IRA Certificate (Traditional,Roth)
1.10%$50k-30 Month IRA Certificate (Traditional,Roth)
0.95%$50k-24 Month IRA Certificate (Traditional,Roth)
0.80%$50k-18 Month IRA Certificate (Traditional,Roth)
0.70%$50k-12 Month IRA Certificate (Traditional,Roth)
0.55%$50k-6 Month IRA Certificate (Traditional,Roth)
Locations


Shell Federal Credit Union Locations
Branch Office1600 Bay Area BlvdHouston, TX 77058
Branch Office301 E 13th StDeer Park, TX 77536
Branch Office401 Southmore AvePasadena, TX 77502
Branch Office11526 Spencer HwyLa Porte, TX 77571
Branch Office710 W San Augustine StDeer Park, TX 77536
Branch Office5133 Fairmont PkwyPasadena, TX 77505
Branch Office11391 Monroe RdHouston, TX 77075-4877
Branch Office4787 Wilson RdHumble, TX 77396
Branch Office5544 E Sam Houston Pkwy NHouston, TX 77015-3263
Branch Office2121 Cherrybrook LnPasadena, TX 77502