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Overview / Commentary
800-368-0108
3015 University Blvd W
Kensington, MD 20895

Signal Financial Credit Union is headquartered in Kensington and is the 19st largest credit union in the state of Maryland. It is also the 675th largest credit union in the nation. It was established in 1947 and as of December of 2013, it had grown to 97 employees and 26,423 members. Signal Financial Credit Union has a A health rating.

Field of Membership Restrictions

Must live, work, attend school or worship in Washington DC or inside the Beltway in Prince George's County or be an employee of one of the several Select Employer Groups. - 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 Signal Financial Credit Union had $3.12 million in non-current loans and owned real-estate with $37.74 million in equity and loan loss allowances on hand to cover it. This gives Signal Financial Credit Union a Texas Ratio of 8.27% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
B+

The Texas Ratio for Signal Financial Credit Union decreased slightly from 11.60% as of December 31, 2012 to 8.27% as of December 31, 2013, resulting in a positive change of 28.70%.This indicates that the balance sheet and financial strength for Signal Financial Credit Union has improved slightly in recent periods.

Deposit Growth

GRADE:
B

In the past year, Signal Financial Credit Union has increased its total deposits by $1.6 million, resulting in 0.6% 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 Signal Financial Credit Union has shown is above average.

Capitalization

GRADE:
A+

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. Signal Financial Credit Union has $306.63 million in assets with $37.74 million in equity, resulting in a capitalization level of 12.31%, which is excellent.

Institution Statistics

Overall
NCUA #5571
Year Chartered1947
Employees97
Primary Regulator
Assets and Liabilities
Assets$306.63 million
Loans$209.52 million
Deposits$268.19 million
Equity Capital$35.21 million
Loan Loss Allowance$2.53 million
Unbacked Noncurrent Loans$3.02 million
Real Estate Owned$102,000
Historic Data - December 2012
Assets$303.67 million
Equity Capital$33.92 million
Loan Loss Allowance$3.15 million
Unbacked Noncurrent Loans$3.02 million
Real Estate Owned$230,000
Profit Margin - Quarterly
Net Interest Margin4.64%
Return on Assets0.43%
Return on Equity3.77%
Interest Income$11.61 million
Rates

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

Signal Financial Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.50%$2k-IRA Share Account
0.35%-$2kIRA Accumulation Account
0.15%$50-Share Savings Account
0.15%--Holiday Club Account
0.15%--Personal Savings Plan
0.15%$50-Teen Cache Account
0.15%--Vacation Club Account
0.15%$25-Dollar Dog Youth Savings

Signal Financial Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.35%$100k-Money Market Account

Signal Financial Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.10%$3k-Non Stop Plus Checking

Signal Financial Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.56%$500-72 Month CD
1.41%$500-60 Month CD
1.36%$500-48 Month CD
1.11%$500-36 Month CD
0.85%$500-30 Month Bump-Up CD
0.85%$5k-24 Month Promotion CD
0.75%$500-18 Month CD
0.75%$500-24 Month Bump-Up CD
0.70%$2,500-12 Month Promotion CD
0.60%$500-12 Month CD
0.35%$500-182 Day CD
0.20%$500-31 Day CD
0.20%$500-91 Day CD

Signal Financial Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.56%$2k-72 Month IRA Share Certificate (Traditional,Roth)
1.56%$500-72 Month CESA Certificate
1.41%$2k-60 Month IRA Share Certificate (Traditional,Roth)
1.41%$500-60 Month CESA Certificate
1.36%$2k-48 Month IRA Share Certificate (Traditional,Roth)
1.36%$500-48 Month CESA Certificate
1.16%$2k-36 Month IRA Share Certificate (Traditional,Roth)
1.16%$500-36 Month CESA Certificate
0.90%$2k-30 Month IRA Share Certificate (Traditional,Roth)
0.90%$500-30 Month CESA Certificate
0.80%$2k-18 Month IRA Share Certificate (Traditional,Roth)
0.80%$2k-24 Month IRA Share Certificate (Traditional,Roth)
0.80%$500-18 Month CESA Certificate
0.80%$500-24 Month CESA Certificate
0.65%$2k-12 Month IRA Share Certificate (Traditional,Roth)
0.65%$500-12 Month CESA Certificate
Locations


Signal Financial Credit Union Locations
Branch Office12355 Sunrise Valley Dr Ste 100Reston, VA 20191-3458
Branch Office5510 Cherokee Ave Ste 130Alexandria, VA 22312-2357
Branch Office1400 Irving St NW Ste 115Washington, DC 20010-2888
Branch Office1391 Pennsylvania Ave SE Retail Space 1Washington, DC 20003-3074
Branch Office1401 I St NW Ste 110Washington, DC 20005
Branch Office9500 Arena Dr Ste 103Largo, MD 20774-3703
Branch Office3015 University Blvd WKensington, MD 20895-1936
Branch Office22001 Loudoun County PkwyAshburn, VA 20147
Branch Office13100 Columbia PikeSilver Spring, MD 20904