Sonoma Credit Union

Sonoma Credit Union is headquartered in Santa Rosa and is the 290^th largest credit union in the state of California. It is also the 3,636^th largest credit union in the nation. It was established in 1961 and as of March of 2013, it had grown to 4 employees and 1,849 members. Sonoma Credit Union has a 4-star health rating.

Sonoma Credit Union Checking Account Rates

Sonoma Credit Union Savings Account Rates

Sonoma Credit Union Money Market Rates

Sonoma Credit Union CD Rates

Sonoma Credit Union IRA Rates

Data for Q1 2013

Institution Statistics SONOMA NCUA # 14415 BankRate Report View Year Chartered 1961 Employees 4 Primary Regulator Assets and Liabilities Assets $19.32 million Loans $12.77 million Deposits $17.65 million Equity Capital $1.60 million Loan Loss Allowance $131,000 Unbacked Noncurrent Loans $1,000 Historic Data - March 2012 Assets $20.55 million Equity Capital $1.59 million Loan Loss Allowance $355,000 Profit Margin - Quarterly Net Interest Margin 1.01% Return on Assets 3% Return on Equity 36.34% Interest Income $150,000 Non-Interest Income $26,000

Institution Health Overall Score: 4 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 March 31, 2013 Sonoma Credit Union had $1,000 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 0.06% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Deposit Growth In the past year, Sonoma Credit Union has decreased its total deposits by -$1.26 million, resulting in -6.69% 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 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. Sonoma Credit Union has $19.32 million in assets with $1.73 million in equity, resulting in a capitalization level of 8.94%, which is average.

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