Stevenson Credit Union

Stevenson Credit Union is headquartered in STEVENSON and is the 69^th largest credit union in the state of Alabama. It is also the 3,883^rd largest credit union in the nation. It was established in 1947 and as of December of 2011, it had grown to 8 employees and 1,834 members. Stevenson Credit Union's savings rates are 3X the national average, and it has a 3-star health rating.

Stevenson Credit Union Savings Account Rates

Stevenson Credit Union CD Rates

Stevenson Credit Union IRA Rates

Data for Q4 2011

Institution Statistics STEVENSON NCUA # 5445 BankRate Report View Year Chartered 1947 Employees 8 Primary Regulator Assets and Liabilities Assets $16.02 million Loans $12.70 million Deposits $14.12 million Equity Capital $1.77 million Loan Loss Allowance $213,000 Unbacked Noncurrent Loans $698,000 Historic Data - December 2010 Assets $14.00 million Equity Capital $1.68 million Loan Loss Allowance $199,000 Unbacked Noncurrent Loans $262,000 Profit Margin - Quarterly Net Interest Margin 5.8% Return on Assets 0.72% Return on Equity 6.5% Interest Income $973,000 Non-Interest Income $265,000

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 Stevenson Credit Union had $698,000 in non-current loans and owned real-estate with $1.98 million in equity and loan loss allowances on hand to cover it. This gives Stevenson Credit Union a Texas Ratio of 35.23% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Stevenson Credit Union increased slightly from 13.91% as of December 31, 2010 to 35.23% as of December 31, 2011, resulting in a negative change of 153.23%. This indicates that the balance sheet and financial strength for Stevenson Credit Union has declined slightly in recent periods. Deposit Growth In the past year, Stevenson Credit Union has increased its total deposits by $1.94 million, resulting in 15.96% 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 Stevenson 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. Stevenson Credit Union has $16.02 million in assets with $1.98 million in equity, resulting in a capitalization level of 12.36%, which is excellent.

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