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Overview / Commentary
707-527-6216
1126 Montgomery Drive
Santa Rosa, CA 95405

Sonoma Credit Union is headquartered in Santa Rosa and is the 277th largest credit union in the state of California. It is also the 3,541st largest credit union in the nation. It was established in 1961 and as of March of 2014, it had grown to 3 employees and 1,718 members. Sonoma Credit Union has a B health rating.

Field of Membership Restrictions

Must live, work, worship or attend school in Sonoma County - See Details

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Health

Data for Q1 2014

Institution Health

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

Texas Ratio

GRADE:
A+

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 Sonoma Credit Union had $0 in non-current loans and owned real-estate with $1.74 million in equity and loan loss allowances on hand to cover it. This gives Sonoma Credit Union a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Deposit Growth

GRADE:
A

In the past year, Sonoma Credit Union has increased its total deposits by $689,000, resulting in 3.9% 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 Sonoma Credit Union has shown is excellent.

Capitalization

GRADE:
C

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. Sonoma Credit Union has $20.06 million in assets with $1.74 million in equity, resulting in a capitalization level of 8.69%, which is average.

Institution Statistics

Overall
NCUA #14415
Year Chartered1961
Employees3
Primary Regulator
Assets and Liabilities
Assets$20.06 million
Loans$13.80 million
Deposits$18.34 million
Equity Capital$1.65 million
Loan Loss Allowance$97,000
Real Estate Owned$0
Historic Data - March 2013
Assets$19.32 million
Equity Capital$1.60 million
Loan Loss Allowance$131,000
Unbacked Noncurrent Loans$0
Real Estate Owned$0
Profit Margin - Quarterly
Return on Assets0.46%
Return on Equity5.59%
Interest Income$146,000
Rates

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

Sonoma Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.02%$100-Regular Savings
0.02%$100-IRA Savings
0.02%$100-Holiday Club

Sonoma Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.12%$100k-Premium Money Market Savings:
0.02%$1k$100kMoney Market Checking

Sonoma Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.02%--Checking Accounts

Sonoma Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
0.80%$1k-5 Year CD
0.40%$1k-4 Year CD
0.25%$1k-3 Year CD
0.20%$1k-30 Month CD
0.15%$1k-2 Year CD
0.10%$1k-18 Month CD
0.05%$1k-1 Year CD
0.02%$1k-3 Month CD
0.02%$1k-6 Month CD
0.02%$1k-9 Month CD

Sonoma Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
0.80%$1k-5 Year IRA
0.40%$1k-4 Year IRA
0.25%$1k-3 Year IRA
0.20%$1k-30 Month IRA
0.15%$1k-2 Year IRA
0.10%$1k-18 Month IRA
0.05%$1k-1 Year IRA
0.02%$1k-3 Month IRA
0.02%$1k-6 Month IRA
0.02%$1k-9 Month IRA
Locations


Sonoma Credit Union Locations
Branch Office1126 Montgomery DrSanta Rosa, CA 95405-4802