1126 Montgomery Drive
Santa Rosa, CA 95405
707-527-6216
www.sonomafed.com

NCUA


Sonoma Credit Union is headquartered in Santa Rosa and is the 287th largest credit union in the state of California. It is also the 3,604th largest credit union in the nation. It was established in 1961 and as of December of 2012, it had grown to 4 employees and 1,853 members. Sonoma Credit Union has a 4-star health rating.



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

Sonoma Credit Union Checking Account Rates

ApyMinMaxProduct
0.05%--Checking Accounts

Sonoma Credit Union Savings Account Rates

ApyMinMaxProduct
0.10%$100-Holiday Club
0.05%$100-Regular Savings
0.05%$100-IRA Savings

Sonoma Credit Union Money Market Rates

ApyMinMaxProduct
0.15%$100k-Premium Money Market Savings:
0.05%$1k$100kMoney Market Checking

Sonoma Credit Union CD Rates

ApyMinMaxProduct
0.75%$1k-5 Year CD
0.50%$1k-4 Year CD
0.35%$1k-3 Year CD
0.30%$1k-30 Month CD
0.25%$1k-2 Year CD
0.15%$1k-18 Month CD
0.10%$1k-1 Year CD
0.05%$1k-3 Month CD
0.05%$1k-6 Month CD
0.05%$1k-9 Month CD

Sonoma Credit Union IRA Rates

ApyMinMaxProduct
0.75%$1k-5 Year IRA
0.50%$1k-4 Year IRA
0.35%$1k-3 Year IRA
0.30%$1k-30 Month IRA
0.25%$1k-2 Year IRA
0.15%$1k-18 Month IRA
0.10%$1k-1 Year IRA
0.05%$1k-3 Month IRA
0.05%$1k-6 Month IRA
0.05%$1k-9 Month IRA

Rates updated: 5/19/2013

Data for Q4 2012


Institution Statistics


SONOMA
NCUA #14415
BankRate ReportView
Year Chartered1961
Employees4
Primary Regulator

Assets and Liabilities

Assets$19.36 million
Loans$12.97 million
Deposits$17.87 million
Equity Capital$1.45 million
Loan Loss Allowance$278,000
Unbacked Noncurrent Loans$19,000

Historic Data - December 2011

Assets$20.22 million
Equity Capital$1.58 million
Loan Loss Allowance$355,000

Profit Margin - Quarterly

Net Interest Margin4.13%
Return on Assets-0.68%
Return on Equity-9.1%
Interest Income$626,000
Non-Interest Income$94,000

Institution Health


Overall Score:
4 out of 5
4
Texas Ratio5
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, 2012 Sonoma Credit Union had $19,000 in non-current loans and owned real-estate with $1.73 million in equity and loan loss allowances on hand to cover it. This gives Sonoma Credit Union a Texas Ratio of 1.10% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Deposit Growth2
In the past year, Sonoma Credit Union has decreased its total deposits by $-742,000, resulting in -3.99% 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 below average.
Capitalization3
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 $19.36 million in assets with $1.73 million in equity, resulting in a capitalization level of 8.93%, which is average.
Write Review

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