Suncoast Schools Credit Union

6801 E. Hillsborough Ave.
Tampa, FL 33610
(813) 621-7511
www.suncoastfcu.org

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Suncoast Schools Credit Union is headquartered in TAMPA and is the largest credit union in the state of Florida. It is also the 14^st largest credit union in the nation. It was established in 1978 and as of December of 2011, it had grown to 948 employees and 520,428 members. Suncoast Schools Credit Union's savings rates are 3X the national average, and it has a 3-star health rating.

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See Rates for: Checking | Savings | Money Market | CD | IRA

Suncoast Schools Credit Union Checking Account Rates

Apy	Min	Max	Product
0.00%	-	-	Regular Checking
0.00%	-	-	Teen Checking
0.00%	-	-	Choice 55 Checking

Suncoast Schools Credit Union Savings Account Rates

Apy	Min	Max	Product
1.75%	$500	-	60 Month Health Savings
1.50%	$500	-	48 Month Health Savings
1.30%	$500	-	36 Month Health Savings
0.90%	$500	-	24 Month Health Savings
0.70%	$500	-	18 Month Health Savings
0.50%	$1k	-	Uniform Transfers to Minors
0.50%	-	-	IRA Savings
0.50%	-	-	Roth IRA Savings
0.50%	-	-	SEP IRA Savings
0.50%	-	-	CESA Savings
0.50%	-	-	Deferred Compensation Plan (DCP) Savings
0.50%	$500	-	12 Month Health Savings
0.30%	$500	-	6 Month Health Savings
0.15%	-	-	Regular Share Membership
0.15%	-	-	Special Share Savings

Suncoast Schools Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.30%	$50k	-	Money Market Account

Suncoast Schools Credit Union CD Rates

Apy	Min	Max	Product
1.75%	$500	-	60 Month CD
1.75%	$500	-	Business 60 Month CD
1.50%	$500	-	48 Month CD
1.50%	$500	-	Business 48 Month CD
1.30%	$500	-	36 Month CD
1.30%	$500	-	Business 36 Month CD
0.90%	$500	-	24 Month CD
0.90%	$500	-	Business 24 Month CD
0.70%	$500	-	18 Month CD
0.70%	$500	-	Business 18 Month CD
0.50%	$500	-	12 Month CD
0.50%	$500	-	Business 12 Month CD
0.30%	$500	-	6 Month CD
0.30%	$500	-	Business 6 Month CD

Suncoast Schools Credit Union IRA Rates

Apy	Min	Max	Product
1.75%	$500	-	60 Month IRA
1.75%	$500	-	60 Month Roth IRA
1.75%	$500	-	60 Month CESA
1.75%	$500	-	60 Month SEP IRA
1.75%	$500	-	60 Month Deferred Compensation Plan (DCP)
1.50%	$500	-	48 Month IRA
1.50%	$500	-	48 Month Roth IRA
1.50%	$500	-	48 Month CESA
1.50%	$500	-	48 Month SEP IRA
1.50%	$500	-	48 Month Deferred Compensation Plan (DCP)
1.30%	$500	-	36 Month IRA
1.30%	$500	-	36 Month Roth IRA
1.30%	$500	-	36 Month CESA
1.30%	$500	-	36 Month SEP IRA
1.30%	$500	-	36 Month Deferred Compensation Plan (DCP)
0.90%	$500	-	24 Month IRA
0.90%	$500	-	24 Month Roth IRA
0.90%	$500	-	24 Month CESA
0.90%	$500	-	24 Month SEP IRA
0.90%	$500	-	24 Month Deferred Compensation Plan (DCP)
0.70%	$500	-	18 Month IRA
0.70%	$500	-	18 Month Roth IRA
0.70%	$500	-	18 Month CESA
0.70%	$500	-	18 Month SEP IRA
0.70%	$500	-	18 Month Deferred Compensation Plan (DCP)
0.50%	$500	-	12 Month IRA
0.50%	$500	-	12 Month Roth IRA
0.50%	$500	-	12 Month CESA
0.50%	$500	-	12 Month SEP IRA
0.50%	$500	-	12 Month Deferred Compensation Plan (DCP)
0.30%	$500	-	6 Month IRA
0.30%	$500	-	6 Month Roth IRA
0.30%	$500	-	6 Month CESA
0.30%	$500	-	6 Month SEP IRA
0.30%	$500	-	6 Month Deferred Compensation Plan (DCP)

Rates updated: 5/27/2012

Data for Q4 2011

Institution Statistics

SUNCOAST SCHOOLS
NCUA #	23042
BankRate Report	View
Year Chartered	1978
Employees	948
Primary Regulator
Assets and Liabilities
Assets	$4.93 billion
Loans	$3.68 billion
Deposits	$4.34 billion
Equity Capital	$296.49 million
Loan Loss Allowance	$170.77 million
Unbacked Noncurrent Loans	$166.73 million
Real Estate Owned	$13.57 million
Historic Data - December 2010
Assets	$5.02 billion
Equity Capital	$285.96 million
Loan Loss Allowance	$184.92 million
Unbacked Noncurrent Loans	$196.30 million
Real Estate Owned	$22.93 million
Profit Margin - Quarterly
Net Interest Margin	4.58%
Return on Assets	0.43%
Return on Equity	7.22%
Interest Income	$216.74 million
Non-Interest Income	$78.42 million

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 Suncoast Schools Credit Union had $180.3 million in non-current loans and owned real-estate with $467.26 million in equity and loan loss allowances on hand to cover it. This gives Suncoast Schools Credit Union a Texas Ratio of 38.59% 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 Suncoast Schools Credit Union decreased slightly from 46.56% as of December 31, 2010 to 38.59% as of December 31, 2011, resulting in a positive change of 17.12%.This indicates that the balance sheet and financial strength for Suncoast Schools Credit Union has improved slightly in recent periods.
Deposit Growth
In the past year, Suncoast Schools Credit Union has decreased its total deposits by -$95.07 million, resulting in -2.14% 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 Suncoast Schools Credit Union has shown is below 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. Suncoast Schools Credit Union has $4.93 billion in assets with $467.26 million in equity, resulting in a capitalization level of 9.48%, which is average.

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