South Texas Credit Union

South Texas Credit Union is headquartered in MCALLEN and is the 194^th largest credit union in the state of Texas. It is also the 2,531^st largest credit union in the nation. It was established in 1952 and as of December of 2011, it had grown to 12 employees and 9,307 members. South Texas Credit Union has a 4-star health rating.

South Texas Credit Union Checking Account Rates

South Texas Credit Union Savings Account Rates

South Texas Credit Union Money Market Rates

South Texas Credit Union CD Rates

Data for Q4 2011

Institution Statistics SOUTH TEXAS NCUA # 8237 BankRate Report View Year Chartered 1952 Employees 12 Primary Regulator Assets and Liabilities Assets $40.07 million Loans $11.77 million Deposits $37.12 million Equity Capital $2.71 million Loan Loss Allowance $38,000 Unbacked Noncurrent Loans $77,000 Historic Data - December 2010 Assets $38.72 million Equity Capital $2.64 million Loan Loss Allowance $144,000 Unbacked Noncurrent Loans $82,000 Profit Margin - Quarterly Net Interest Margin 5.45% Return on Assets 0.17% Return on Equity 2.47% Interest Income $1.04 million Non-Interest Income $547,000

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 December 31, 2011 South Texas Credit Union had $77,000 in non-current loans and owned real-estate with $2.75 million in equity and loan loss allowances on hand to cover it. This gives South Texas Credit Union a Texas Ratio of 2.80% 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 South Texas Credit Union held steady from 2.94% as of December 31, 2010 to 2.80% as of December 31, 2011, resulting in a positive change of 4.77%.This indicates that the balance sheet and financial strength for South Texas Credit Union has held steady in recent periods. Deposit Growth In the past year, South Texas Credit Union has increased its total deposits by $1.23 million, resulting in 3.42% 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 South Texas Credit Union has shown is above average. 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. South Texas Credit Union has $40.07 million in assets with $2.75 million in equity, resulting in a capitalization level of 6.86%, which is below average.

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