St. Marks Employees Credit Union

St. Marks Employees Credit Union is headquartered in SLC and is the 51^st largest credit union in the state of Utah. It is also the 4,894^th largest credit union in the nation. It was established in 1960 and as of December of 2011, it had grown to 4 employees and 1,176 members. St. Marks Employees Credit Union has a 3-star health rating.

St. Marks Employees Credit Union Checking Account Rates

St. Marks Employees Credit Union Savings Account Rates

St. Marks Employees Credit Union CD Rates

St. Marks Employees Credit Union IRA Rates

Data for Q4 2011

Institution Statistics ST. MARKS EMPLOYEES NCUA # 13419 BankRate Report View Year Chartered 1960 Employees 4 Primary Regulator Assets and Liabilities Assets $8.21 million Loans $4.90 million Deposits $7.44 million Equity Capital $729,000 Loan Loss Allowance $242,000 Unbacked Noncurrent Loans $215,000 Historic Data - December 2010 Assets $8.81 million Equity Capital $1.06 million Loan Loss Allowance $41,000 Unbacked Noncurrent Loans $129,000 Profit Margin - Quarterly Net Interest Margin 6.35% Return on Assets -4.06% Return on Equity -45.68% Interest Income $363,000 Non-Interest Income $143,000

Institution Health Overall Score: 3 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 St. Marks Employees Credit Union had $215,000 in non-current loans and owned real-estate with $971,000 in equity and loan loss allowances on hand to cover it. This gives St. Marks Employees Credit Union a Texas Ratio of 22.14% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for St. Marks Employees Credit Union increased slightly from 11.70% as of December 31, 2010 to 22.14% as of December 31, 2011, resulting in a negative change of 89.32%. This indicates that the balance sheet and financial strength for St. Marks Employees Credit Union has declined slightly in recent periods. Deposit Growth In the past year, St. Marks Employees Credit Union has decreased its total deposits by $-288,000, resulting in -3.73% 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 St. Marks Employees 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. St. Marks Employees Credit Union has $8.21 million in assets with $971,000 in equity, resulting in a capitalization level of 11.83%, which is above average.

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