Sun Community Credit Union

Sun Community Credit Union Locations
1068 Broadway
El Centro, CA 92243
(800) 404-3323
www.suncommunityfcu.org

Sun Community Credit Union is headquartered in El Centro and is the 95th largest credit union in the state of California. It is also the 688th largest credit union in the nation. It was established in 1954 and as of December of 2011, it had grown to 138 employees and 46,423 members. Sun Community Credit Union's savings rates are 92% higher than the national average, and it has a 4-star health rating.



Report an Issue
See Rates for: Savings | Money Market | CD | IRA

Sun Community Credit Union Savings Account Rates

ApyMinMaxProduct
1.00%--Big Twelve Savings
0.50%--Savings Safari Club
0.50%--STAR Account
0.50%$1k-Christmas Club
0.50%$100k-IRA Savings
0.50%$100k-Roth IRA Savings
0.50%$100k-CESA Savings
0.05%$5k-Regular Savings
0.05%$5k-Special Savings
0.05%$5k-Merchant Savings
0.05%$5k-Business Savings

Sun Community Credit Union Money Market Rates

ApyMinMaxProduct
0.60%$1m-Super Money Market
0.60%$1m-Merchant Money Market
0.60%$1m-Business Money Market

Sun Community Credit Union CD Rates

ApyMinMaxProduct
1.05%$500$100k60 Month CD
1.05%$100k-60 Month Jumbo CD
0.90%$500$100k48 Month CD
0.90%$100k-48 Month Jumbo CD
0.80%$500$100k24 Month CD
0.80%$500$100k36 Month CD
0.80%$100k-24 Month Jumbo CD
0.80%$100k-36 Month Jumbo CD
0.75%$500$100k18 Month CD
0.75%$100k-18 Month Jumbo CD
0.70%$500$100k12 Month CD
0.70%$100k-12 Month Jumbo CD
0.55%$500$100k180 Day CD
0.55%$100k-180 Day Jumbo CD

Sun Community Credit Union IRA Rates

ApyMinMaxProduct
1.05%$500$100k60 Month IRA
1.05%$100k-60 Month Jumbo IRA
1.05%$500$100k60 Month Roth IRA
1.05%$100k-60 Month Jumbo Roth IRA
1.05%$500$100k60 Month CESA
1.05%$100k-60 Month Jumbo CESA
0.90%$500$100k48 Month IRA
0.90%$100k-48 Month Jumbo IRA
0.90%$500$100k48 Month Roth IRA
0.90%$100k-48 Month Jumbo Roth IRA
0.90%$500$100k48 Month CESA
0.90%$100k-48 Month Jumbo CESA
0.80%$500$100k24 Month IRA
0.80%$100k-24 Month Jumbo IRA
0.80%$500$100k36 Month IRA
0.80%$100k-36 Month Jumbo IRA
0.80%$500$100k24 Month Roth IRA
0.80%$100k-24 Month Jumbo Roth IRA
0.80%$500$100k36 Month Roth IRA
0.80%$100k-36 Month Jumbo Roth IRA
0.80%$500$100k24 Month CESA
0.80%$100k-24 Month Jumbo CESA
0.80%$500$100k36 Month CESA
0.80%$100k-36 Month Jumbo CESA
0.75%$500$100k18 Month IRA
0.75%$100k-18 Month Jumbo IRA
0.75%$500$100k18 Month Roth IRA
0.75%$100k-18 Month Jumbo Roth IRA
0.75%$500$100k18 Month CESA
0.75%$100k-18 Month Jumbo CESA
0.70%$500$100k12 Month IRA
0.70%$100k-12 Month Jumbo IRA
0.70%$500$100k12 Month Roth IRA
0.70%$100k-12 Month Jumbo Roth IRA
0.70%$500$100k12 Month CESA
0.70%$100k-12 Month Jumbo CESA
0.55%$500$100k6 Mionth IRA
0.55%$100k-6 Mionth Jumbo IRA
0.55%$500$100k6 Mionth Roth IRA
0.55%$100k-6 Mionth Jumbo Roth IRA
0.55%$500$100k6 Mionth CESA
0.55%$100k-6 Mionth Jumbo CESA

Rates updated: 5/27/2012

Data for Q4 2011


Institution Statistics


SUN COMMUNITY
NCUA #9296
BankRate ReportView
Year Chartered1954
Employees138
Primary Regulator

Assets and Liabilities

Assets$270.80 million
Loans$145.22 million
Deposits$237.92 million
Equity Capital$29.72 million
Loan Loss Allowance$3.82 million
Unbacked Noncurrent Loans$2.38 million
Real Estate Owned$888,000

Historic Data - December 2010

Assets$275.59 million
Equity Capital$27.70 million
Loan Loss Allowance$5.20 million
Unbacked Noncurrent Loans$3.80 million
Real Estate Owned$1.61 million

Profit Margin - Quarterly

Net Interest Margin6.01%
Return on Assets1.1%
Return on Equity10.05%
Interest Income$11.66 million
Non-Interest Income$6.22 million

Institution Health


Overall Score:
4 out of 5
4
Texas Ratio4
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 Sun Community Credit Union had $3.27 million in non-current loans and owned real-estate with $33.54 million in equity and loan loss allowances on hand to cover it. This gives Sun Community Credit Union a Texas Ratio of 9.74% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend5
The Texas Ratio for Sun Community Credit Union decreased significantly from 16.43% as of December 31, 2010 to 9.74% as of December 31, 2011, resulting in a positive change of 40.73%.This indicates that the balance sheet and financial strength for Sun Community Credit Union has improved significantly in recent periods.
Deposit Growth2
In the past year, Sun Community Credit Union has decreased its total deposits by -$7.74 million, resulting in -3.15% 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 Sun Community Credit Union has shown is below average.
Capitalization5
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. Sun Community Credit Union has $270.8 million in assets with $33.54 million in equity, resulting in a capitalization level of 12.39%, which is excellent.
Write Review

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


 
Featured Accounts
Nationwide Savings Accounts