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Overview / Commentary
603-669-4600
200 McGregor St
Manchester, NH 03102

St. Mary's Bank Credit Union is headquartered in Manchester and is the 3rd largest credit union in the state of New Hampshire. It is also the 285th largest credit union in the nation. It was established in 1909 and as of December of 2013, it had grown to 184 employees and 87,014 members. St. Mary's Bank Credit Union has a A health rating.

Field of Membership Restrictions

Must purchase one share of capital stock for $5. - See Details

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Health

Data for Q4 2013

Institution Health

A

Texas Ratio

GRADE:
A+

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, 2013 St. Mary's Bank Credit Union had $3.03 million in non-current loans and owned real-estate with $65.45 million in equity and loan loss allowances on hand to cover it. This gives St. Mary's Bank Credit Union a Texas Ratio of 4.62% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
B

The Texas Ratio for St. Mary's Bank Credit Union decreased slightly from 5.36% as of December 31, 2012 to 4.62% as of December 31, 2013, resulting in a positive change of 13.69%.This indicates that the balance sheet and financial strength for St. Mary's Bank Credit Union has improved slightly in recent periods.

Deposit Growth

GRADE:
A+

In the past year, St. Mary's Bank Credit Union has increased its total deposits by $34.41 million, resulting in 5.51% 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. Mary's Bank Credit Union has shown is excellent.

Capitalization

GRADE:
C

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. Mary's Bank Credit Union has $772 million in assets with $65.45 million in equity, resulting in a capitalization level of 8.48%, which is average.

Institution Statistics

Overall
NCUA #63829
Year Chartered1909
Employees184
Primary Regulator
Assets and Liabilities
Assets$772.00 million
Loans$580.04 million
Deposits$659.21 million
Equity Capital$59.62 million
Loan Loss Allowance$5.83 million
Unbacked Noncurrent Loans$2.96 million
Real Estate Owned$66,000
Historic Data - December 2012
Assets$732.00 million
Equity Capital$56.53 million
Loan Loss Allowance$6.68 million
Unbacked Noncurrent Loans$2.96 million
Real Estate Owned$476,000
Profit Margin - Quarterly
Net Interest Margin3.78%
Return on Assets0.18%
Return on Equity2.27%
Interest Income$23.66 million
Rates

Always verify rates and promotions with the bank or credit union. We are not St. Mary's Bank Credit Union, we are a rate comparison website and can not provide official rates or promotions.

St. Mary's Bank Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.25%$1k-Health Savings Account
0.25%$75k-Business Cash Management Sweep Account
0.20%--IRA Savings
0.15%$5k-Beyond Rewards Savings
0.15%--Christmas Club
0.15%--Winter Club
0.15%--Summer Club
0.15%--Back to School Club
0.05%--Beyond Savings
0.05%$2,500-Premium Business Savings
0.05%--Super Saver Kids Club

St. Mary's Bank Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.35%$75k-Beyond Rewards Money Market
0.30%$75k-Business Money Market
0.25%$75k-Beyond Money Market

St. Mary's Bank Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.10%--Beyond Rewards Checking
0.05%--Beyond Interest Checking
0.05%--Community Checking

St. Mary's Bank Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.50%$500-60 Month CD
1.30%$500-42 Month CD Promo
1.25%$500-36 Month Flex CD Promo
1.20%$500-48 - 59 Month CD
0.90%$500-36 - 47 Month CD
0.60%$500-24 - 35 Month CD
0.35%$500-12 - 23 Month CD
0.20%$500-6 - 11 Month CD

St. Mary's Bank Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.50%$500-60 Month IRA
1.20%$500-48 - 59 Month IRA
0.90%$500-36 - 47 Month IRA
0.60%$500-24 - 35 Month IRA
0.35%$500-12 - 23 Month IRA
0.20%$500-6 - 11 Month IRA
Locations


St. Mary's Bank Credit Union Locations
Branch Office14 Spruce StNashua, NH 03060
Branch Office200 McGregor StManchester, NH 03102
Branch Office234 Elm StManchester, NH 03101
Branch Office207 Hooksett RdManchester, NH 031042649
Branch Office839 Hanover StManchester, NH 03104
Branch Office3 Winnhaven DrHudson, NH 030514746
Branch Office603 Nashua St Route 101AMilford, NH 03055
Branch Office50 Nashua Rd Londonderry SquareLondonderry, NH 03053