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Overview / Commentary
2361 Orchard Dr E
Twin Falls, ID 83301-7987

Snake River Credit Union is headquartered in Twin Falls and is the 38th largest credit union in the state of Idaho. It is also the 5,071st largest credit union in the nation. It was established in 1953 and as of March of 2014, it had grown to 3 employees and 1,308 members. Snake River Credit Union has a C+ health rating.

Field of Membership Restrictions

Must be an employee or member of the Snake River Sugar Company d.b.a. Amalgamated Sugar Company who work in Arizona, California, Idaho, Minnesota, Oregon, Texas, Utah or Washington. - See Details

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Data for Q1 2014

Institution Health

Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Snake River Credit Union has a very low asset base.

Texas Ratio


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 Snake River Credit Union had $20,000 in non-current loans and owned real-estate with $642,000 in equity and loan loss allowances on hand to cover it. This gives Snake River Credit Union a Texas Ratio of 3.12% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Snake River Credit Union decreased dramatically from 8.64% as of March 31, 2013 to 3.12% as of March 31, 2014, resulting in a positive change of 63.93%.This indicates that the balance sheet and financial strength for Snake River Credit Union has improved dramatically in recent periods.

Deposit Growth


In the past year, Snake River Credit Union has decreased its total deposits by $-69,000, 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 Snake River 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. Snake River Credit Union has $6.09 million in assets with $642,000 in equity, resulting in a capitalization level of 10.54%, which is above average.

Institution Statistics

NCUA #8749
Year Chartered1953
Primary Regulator
Assets and Liabilities
Assets$6.09 million
Loans$4.70 million
Deposits$5.46 million
Equity Capital$607,000
Loan Loss Allowance$35,000
Unbacked Noncurrent Loans$20,000
Real Estate Owned$0
Historic Data - March 2013
Assets$6.01 million
Equity Capital$465,000
Loan Loss Allowance$56,000
Unbacked Noncurrent Loans$20,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin1.81%
Return on Assets3.02%
Return on Equity30.31%
Interest Income$89,000
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Snake River Credit Union Savings Account Rates

0.15%$10k-Share Savings Account

Snake River Credit Union CD Rates

0.55%$500-2 Year Share Certificate
0.45%$500-1 Year Share Certificate
0.00%$500-3 Month Share Certificate

Snake River Credit Union Locations
Branch Office2361 Orchard Dr ETwin Falls, ID 83301-7987