St. Tammany Credit Union

St. Tammany Credit Union is headquartered in Slidell and is the 75^th largest credit union in the state of Louisiana. It is also the 3,494^th largest credit union in the nation. It was established in 1957 and as of December of 2011, it had grown to 8 employees and 5,400 members. St. Tammany Credit Union has a 4-star health rating.

St. Tammany Credit Union Checking Account Rates

St. Tammany Credit Union Savings Account Rates

St. Tammany Credit Union Money Market Rates

St. Tammany Credit Union CD Rates

St. Tammany Credit Union IRA Rates

Data for Q4 2011

Institution Statistics ST. TAMMANY NCUA # 11942 BankRate Report View Year Chartered 1957 Employees 8 Primary Regulator Assets and Liabilities Assets $20.85 million Loans $12.39 million Deposits $19.31 million Equity Capital $1.49 million Loan Loss Allowance $95,000 Unbacked Noncurrent Loans $192,000 Historic Data - December 2010 Assets $19.90 million Equity Capital $1.41 million Loan Loss Allowance $158,000 Unbacked Noncurrent Loans $173,000 Profit Margin - Quarterly Net Interest Margin 5.37% Return on Assets 0.35% Return on Equity 4.98% Interest Income $859,000 Non-Interest Income $262,000

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 St. Tammany Credit Union had $192,000 in non-current loans and owned real-estate with $1.58 million in equity and loan loss allowances on hand to cover it. This gives St. Tammany Credit Union a Texas Ratio of 12.15% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for St. Tammany Credit Union held steady from 11.03% as of December 31, 2010 to 12.15% as of December 31, 2011, resulting in a negative change of 10.21%. This indicates that the balance sheet and financial strength for St. Tammany Credit Union has held steady in recent periods. Deposit Growth In the past year, St. Tammany Credit Union has increased its total deposits by $879,000, resulting in 4.77% 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. Tammany 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. St. Tammany Credit Union has $20.85 million in assets with $1.58 million in equity, resulting in a capitalization level of 7.58%, which is below average.

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