Spokane Law Enforcement Credit Union
Spokane Law Enforcement Credit Union is headquartered in Spokane and is the 66th largest credit union in the state of Washington. It is also the 2,679th largest credit union in the nation. It was established in 1966 and as of December of 2012, it had grown to 8 employees and 2,247 members. Spokane Law Enforcement Credit Union has a 5-star health rating.
Spokane Law Enforcement Credit Union Routing Number: 325182674
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Money Market |
CD |
IRA
Spokane Law Enforcement Credit Union Savings Account Rates
Spokane Law Enforcement Credit Union Money Market Rates
Spokane Law Enforcement Credit Union CD Rates
|
Apy | Min | Max | Product |
| 1.30% | $500 | - | 60-72 Month Bump CD |
| 1.20% | $500 | - | 48-59 Month Bump CD |
| 1.00% | $500 | - | 36-47 Month Bump CD |
| 0.60% | $500 | - | 24-35 Month Bump CD |
| 0.50% | $500 | - | 18-23 Month Bump CD |
| 0.40% | $500 | - | 12-17 Month Bump CD |
| 0.30% | $500 | - | 6-11 Month Bump CD |
Spokane Law Enforcement Credit Union IRA Rates
|
Apy | Min | Max | Product |
| 1.30% | $500 | - | 60-72 Month Bump IRA |
| 1.20% | $500 | - | 48-59 Month Bump IRA |
| 1.00% | $500 | - | 36-47 Month Bump IRA |
| 0.60% | $500 | - | 24-35 Month Bump IRA |
| 0.50% | $500 | - | 18-23 Month Bump IRA |
| 0.40% | $500 | - | 12-17 Month Bump IRA |
| 0.30% | $500 | - | 6-11 Month Bump IRA |
Rates updated: 6/18/2013
Data for Q4 2012
Institution Statistics
| SPOKANE LAW ENFORCEMENT | | NCUA # | 68305 | | BankRate Report | View | | Year Chartered | 1966 | | Employees | 8 | | Primary Regulator | |
Assets and Liabilities | | Assets | $36.45 million | | Loans | $23.51 million | | Deposits | $30.89 million | | Equity Capital | $5.40 million | | Loan Loss Allowance | $377,000 | | Unbacked Noncurrent Loans | $307,000 |
Historic Data - December 2011 | | Assets | $37.14 million | | Equity Capital | $5.17 million | | Loan Loss Allowance | $435,000 | | Unbacked Noncurrent Loans | $120,000 | | Real Estate Owned | $187,000 |
Profit Margin - Quarterly | | Net Interest Margin | 4.99% | | Return on Assets | 0.64% | | Return on Equity | 4.35% | | Interest Income | $1.54 million | | Non-Interest Income | $225,000 |
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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, 2012 Spokane Law Enforcement Credit Union had $307,000 in non-current loans and owned real-estate with $5.78 million in equity and loan loss allowances on hand to cover it. This gives Spokane Law Enforcement Credit Union a Texas Ratio of 5.31% 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 Spokane Law Enforcement Credit Union held steady from 5.48% as of December 31, 2011 to 5.31% as of December 31, 2012, resulting in a positive change of 3.06%.This indicates that the balance sheet and financial strength for Spokane Law Enforcement Credit Union has held steady in recent periods. | | Deposit Growth |  | | In the past year, Spokane Law Enforcement Credit Union has decreased its total deposits by $-994,000, resulting in -3.12% 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 Spokane Law Enforcement Credit Union has shown is below 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. Spokane Law Enforcement Credit Union has $36.45 million in assets with $5.78 million in equity, resulting in a capitalization level of 15.86%, which is excellent. |
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