Silverado Credit Union

Silverado Credit Union is headquartered in Angwin and is the 223^rd largest credit union in the state of California. It is also the 2,437^th largest credit union in the nation. It was established in 1953 and as of December of 2011, it had grown to 13 employees and 5,756 members. Silverado Credit Union has a 2-star health rating.

Silverado Credit Union Routing Number: 321172125

Silverado Credit Union Checking Account Rates

Silverado Credit Union Savings Account Rates

Silverado Credit Union Money Market Rates

Silverado Credit Union CD Rates

Silverado Credit Union IRA Rates

Data for Q4 2011

Institution Statistics SILVERADO NCUA # 68491 BankRate Report View Year Chartered 1953 Employees 13 Primary Regulator Assets and Liabilities Assets $43.25 million Loans $31.49 million Deposits $40.01 million Equity Capital $3.11 million Loan Loss Allowance $596,000 Unbacked Noncurrent Loans $2.28 million Real Estate Owned $400,000 Historic Data - December 2010 Assets $46.25 million Equity Capital $3.31 million Loan Loss Allowance $633,000 Unbacked Noncurrent Loans $1.96 million Real Estate Owned $424,000 Profit Margin - Quarterly Net Interest Margin 4.28% Return on Assets -0.46% Return on Equity -6.37% Interest Income $1.52 million Non-Interest Income $338,000

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 Silverado Credit Union had $2.68 million in non-current loans and owned real-estate with $3.7 million in equity and loan loss allowances on hand to cover it. This gives Silverado Credit Union a Texas Ratio of 72.45% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Silverado Credit Union increased slightly from 60.54% as of December 31, 2010 to 72.45% as of December 31, 2011, resulting in a negative change of 19.68%. This indicates that the balance sheet and financial strength for Silverado Credit Union has declined slightly in recent periods. Deposit Growth In the past year, Silverado Credit Union has decreased its total deposits by -$2.83 million, resulting in -6.61% 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 Silverado Credit Union has shown is poor. 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. Silverado Credit Union has $43.25 million in assets with $3.7 million in equity, resulting in a capitalization level of 8.56%, which is average.

No reviews have been left for this bank yet. Be the first to review.