Solidarity Community Credit Union

Solidarity Community Credit Union Locations

P.O. Box 2499
Kokomo, IN 469042499
(800) 999-5894
www.solfcu.org

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Solidarity Community Credit Union is headquartered in Kokomo and is the 24^th largest credit union in the state of Indiana. It is also the 958^th largest credit union in the nation. It was established in 1954 and as of December of 2011, it had grown to 49 employees and 25,233 members. Solidarity Community Credit Union's savings rates are 92% higher than the national average, and it boasts a 5-star health rating.

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See Rates for: Checking | Savings | Money Market | CD | IRA

Solidarity Community Credit Union Checking Account Rates

Apy	Min	Max	Product
0.75%	$1k	-	Business Solid Interest Checking
0.09%	$50	-	Solid Interest Checking

Solidarity Community Credit Union Savings Account Rates

Apy	Min	Max	Product
1.25%	$15k	-	Health Savings Account
1.00%	-	-	IRA Share
0.50%	-	-	Club Accounts
0.25%	$1k	-	Primary Savings

Solidarity Community Credit Union Money Market Rates

Apy	Min	Max	Product
0.75%	$100k	-	Money Market Account
0.00%	-	-	Premier Investment

Solidarity Community Credit Union CD Rates

Apy	Min	Max	Product
1.10%	$500	-	59 Month Special CD
0.95%	$500	-	48 Month Special CD
0.90%	$500	-	40 Month Special CD
0.60%	$500	-	36 Month CD
0.40%	$500	-	24 Month CD
0.30%	$500	-	18 Month CD
0.25%	$500	-	11 Month Special CD
0.20%	$500	-	12 Month CD
0.20%	$100k	-	6 Month Jumbo CD
0.15%	$50	-	12 Month Add-On CD
0.15%	$500	-	12 Month Quick Change
0.10%	$500	-	3 Month CD
0.10%	$500	-	6 Month CD

Solidarity Community Credit Union IRA Rates

Apy	Min	Max	Product
1.10%	$500	-	59 Month Special IRA
1.10%	$500	-	59 Month Special Roth IRA
1.10%	$500	-	59 Month Special Education IRA
0.95%	$500	-	48 Month Special IRA
0.95%	$500	-	48 Month Special Roth IRA
0.95%	$500	-	48 Month Special Education IRA
0.90%	$500	-	40 Month Special IRA
0.90%	$500	-	40 Month Special Roth IRA
0.90%	$500	-	40 Month Special Education IRA
0.60%	$500	-	36 Month IRA
0.60%	$500	-	36 Month Roth IRA
0.60%	$500	-	36 Month Education IRA
0.40%	$500	-	24 Month IRA
0.40%	$500	-	24 Month Roth IRA
0.40%	$500	-	24 Month Education IRA
0.30%	$500	-	18 Month IRA
0.30%	$500	-	18 Month Roth IRA
0.30%	$500	-	18 Month Education IRA
0.25%	$500	-	11 Month Special IRA
0.25%	$500	-	11 Month Special Roth IRA
0.25%	$500	-	11 Month Special Education IRA
0.20%	$500	-	6 Month Jumbo IRA
0.20%	$500	-	12 Month IRA
0.20%	$500	-	6 Month Jumbo Roth IRA
0.20%	$500	-	12 Month Roth IRA
0.20%	$500	-	6 Month Jumbo Education IRA
0.20%	$500	-	12 Month Education IRA
0.15%	$500	-	12 Month Add-On IRA
0.15%	$500	-	12 Month Quick Change IRA
0.15%	$500	-	12 Month Add-On Roth IRA
0.15%	$500	-	12 Month Quick Change Roth IRA
0.15%	$500	-	12 Month Add-On Education IRA
0.15%	$500	-	12 Month Quick Change Education IRA
0.10%	$500	-	3 Month IRA
0.10%	$500	-	6 Month IRA
0.10%	$500	-	3 Month Roth IRA
0.10%	$500	-	6 Month Roth IRA
0.10%	$500	-	3 Month Education IRA
0.10%	$500	-	6 Month Education IRA

Rates updated: 5/9/2012

Data for Q4 2011

Institution Statistics

SOLIDARITY COMMUNITY
NCUA #	9923
BankRate Report	View
Year Chartered	1954
Employees	49
Primary Regulator
Assets and Liabilities
Assets	$171.51 million
Loans	$119.25 million
Deposits	$150.14 million
Equity Capital	$19.10 million
Loan Loss Allowance	$872,000
Unbacked Noncurrent Loans	$601,000
Real Estate Owned	$36,000
Historic Data - December 2010
Assets	$165.08 million
Equity Capital	$17.52 million
Loan Loss Allowance	$964,000
Unbacked Noncurrent Loans	$742,000
Real Estate Owned	$127,000
Profit Margin - Quarterly
Net Interest Margin	4.97%
Return on Assets	0.5%
Return on Equity	4.49%
Interest Income	$6.99 million
Non-Interest Income	$3.48 million

Institution Health

Overall Score:

5 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 Solidarity Community Credit Union had $637,000 in non-current loans and owned real-estate with $19.97 million in equity and loan loss allowances on hand to cover it. This gives Solidarity Community Credit Union a Texas Ratio of 3.19% 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 Solidarity Community Credit Union decreased slightly from 4.70% as of December 31, 2010 to 3.19% as of December 31, 2011, resulting in a positive change of 32.14%.This indicates that the balance sheet and financial strength for Solidarity Community Credit Union has improved slightly in recent periods.
Deposit Growth
In the past year, Solidarity Community Credit Union has increased its total deposits by $7.31 million, resulting in 5.12% 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 Solidarity Community Credit Union has shown is excellent.
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. Solidarity Community Credit Union has $171.51 million in assets with $19.97 million in equity, resulting in a capitalization level of 11.64%, which is above average.

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