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Standard Register Federal Credit Union

Based on 1 review
Overview / Commentary
937-223-3333
P.O. Box 1167
Dayton, OH 45401

Standard Register Federal Credit Union is headquartered in Dayton and is the 107th largest credit union in the state of Ohio. It is also the 2,480th largest credit union in the nation. It was established in 1936 and as of December of 2013, it had grown to 14 employees and 4,916 members. Standard Register Federal Credit Union has a B health rating.

Field of Membership Restrictions

Membership is open to persons who live, work, worship or attend school in, and businesses and other legal entities located in Montgomery or Greene Counties, Ohio. In addition, spouses of persons who died while within the field of membership of this credit union; members of the immediate family; and organizations of such persons may also join. - See Details

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Reviews (1)

Standard Register Federal Credit Union Is THE BEST!!!

I have been a member of the credit union since 1986.  Excellent, personal service.  Great staff, very friendly and helpful.  You are not just a number to them.  I recommend highly and have done so to many coworkers, family and friends.

I'm from Missouri, so you have to "show me" and they did!!!



Health

Data for Q4 2013

Institution Health

B
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Standard Register Federal Credit Union has a low asset base.

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 Standard Register Federal Credit Union had $411,000 in non-current loans and owned real-estate with $7.79 million in equity and loan loss allowances on hand to cover it. This gives Standard Register Federal Credit Union a Texas Ratio of 5.27% 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 Standard Register Federal Credit Union decreased slightly from 6.35% as of December 31, 2012 to 5.27% as of December 31, 2013, resulting in a positive change of 16.98%.This indicates that the balance sheet and financial strength for Standard Register Federal Credit Union has improved slightly in recent periods.

Deposit Growth

GRADE:
D

In the past year, Standard Register Federal Credit Union has decreased its total deposits by -$1.94 million, resulting in -5.32% 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 Standard Register Federal Credit Union has shown is below average.

Capitalization

GRADE:
A+

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. Standard Register Federal Credit Union has $42.18 million in assets with $7.79 million in equity, resulting in a capitalization level of 18.48%, which is excellent.

Institution Statistics

Overall
NCUA #1380
Year Chartered1936
Employees14
Primary Regulator
Assets and Liabilities
Assets$42.18 million
Loans$24.19 million
Deposits$34.50 million
Equity Capital$7.43 million
Loan Loss Allowance$365,000
Unbacked Noncurrent Loans$381,000
Real Estate Owned$30,000
Historic Data - December 2012
Assets$44.06 million
Equity Capital$7.41 million
Loan Loss Allowance$431,000
Unbacked Noncurrent Loans$381,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin5.3%
Return on Assets0.05%
Return on Equity0.26%
Interest Income$1.59 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Standard Register Federal Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Standard Register Federal Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.25%--Contributory IRA
0.25%--Contributory Roth IRA
0.25%--Contributory CESA
0.05%$50-Regular Savings
0.05%--Santa Savings

Standard Register Federal Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.15%$60k-Money Market

Standard Register Federal Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.50%-$10kReward Checking
0.10%$20k-Preferred Checking
0.05%$50-Checking
0.05%--Reward Checking

Standard Register Federal Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.31%$500-60 Month CD
1.21%$500-54 Month CD
1.10%$500-48 Month CD
1.00%$500-42 Month CD
0.90%$500-36 Month CD
0.75%$500-30 Month CD
0.60%$500-24 Month CD
0.50%$500-18 Month CD
0.40%$500-12 Month CD
0.20%$500-6 Month CD - Dividends paid at maturity
0.20%$500-6 Month CD - Dividends paid monthly
0.15%$500-3 Month CD - Dividends paid at maturity
0.15%$500-3 Month CD - Dividends paid monthly

Standard Register Federal Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.31%$500-60 Month IRA (Traditional,Roth,CESA)
1.21%$500-54 Month IRA (Traditional,Roth,CESA)
1.10%$500-48 Month IRA (Traditional,Roth,CESA)
1.00%$500-42 Month IRA (Traditional,Roth,CESA)
0.90%$500-36 Month IRA (Traditional,Roth,CESA)
0.75%$500-30 Month IRA (Traditional,Roth,CESA)
0.60%$500-24 Month IRA (Traditional,Roth,CESA)
0.60%$500-18 Months Contributory IRA (Traditional,Roth,CESA)
0.50%$500-18 Month IRA (Traditional,Roth,CESA)
0.40%$500-12 Month IRA (Traditional,Roth,CESA)
Locations


Standard Register Federal Credit Union Locations
Branch Office175 Campbell StDayton, OH 45417-3965
Branch Office3790 Symmes RdHamilton, OH 45015-1372