Steamfitters Phila Credit Union
Steamfitters Phila Credit Union is headquartered in WEST CHESTER and is the 447th largest credit union in the state of Pennsylvania. It is also the 6,616st largest credit union in the nation. It was established in 1967 and as of December of 2011, it had grown to 1 employees and 1,103 members. Steamfitters Phila Credit Union has a 5-star health rating.
Data for Q4 2011
Institution Statistics
| STEAMFITTERS PHILA | | NCUA # | 18234 | | BankRate Report | View | | Year Chartered | 1967 | | Employees | 1 | | Primary Regulator | |
Assets and Liabilities | | Assets | $1.21 million | | Loans | $991,000 | | Deposits | $1.08 million | | Equity Capital | $123,000 | | Loan Loss Allowance | $13,000 | | Unbacked Noncurrent Loans | $4,000 |
Historic Data - December 2010 | | Assets | $1.11 million | | Equity Capital | $123,000 | | Loan Loss Allowance | $12,000 |
Profit Margin - Quarterly | | Net Interest Margin | 4.01% | | Return on Assets | 0% | | Return on Equity | 0% | | Interest Income | $64,000 |
|
|
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, 2011 Steamfitters Phila Credit Union had $4,000 in non-current loans and owned real-estate with $136,000 in equity and loan loss allowances on hand to cover it. This gives Steamfitters Phila Credit Union a Texas Ratio of 2.94% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Deposit Growth | | | In the past year, Steamfitters Phila Credit Union has increased its total deposits by $94,000, resulting in 9.51% 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 Steamfitters Phila Credit Union has shown is excellent. | | 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. Steamfitters Phila Credit Union has $1.2 million in assets with $136,000 in equity, resulting in a capitalization level of 11.29%, which is above average. |
|
No reviews have been left for this bank yet. Be the first to review.
