Institution Statistics
| SUPERIOR | | NCUA # | 9845 | | BankRate Report | View | | Year Chartered | 1954 | | Employees | 95 | | Primary Regulator | |
Assets and Liabilities | | Assets | $376.79 million | | Loans | $232.65 million | | Deposits | $310.64 million | | Equity Capital | $55.12 million | | Loan Loss Allowance | $546,000 | | Unbacked Noncurrent Loans | $670,000 | | Real Estate Owned | $117,000 |
Historic Data - December 2010 | | Assets | $341.92 million | | Equity Capital | $48.74 million | | Loan Loss Allowance | $564,000 | | Unbacked Noncurrent Loans | $842,000 | | Real Estate Owned | $764,000 |
Profit Margin - Quarterly | | Net Interest Margin | 4.24% | | Return on Assets | 1.69% | | Return on Equity | 11.58% | | Interest Income | $13.41 million | | Non-Interest Income | $9.27 million |
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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 Superior Credit Union had $787,000 in non-current loans and owned real-estate with $55.66 million in equity and loan loss allowances on hand to cover it. This gives Superior Credit Union a Texas Ratio of 1.41% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend | | | The Texas Ratio for Superior Credit Union decreased significantly from 3.26% as of December 31, 2010 to 1.41% as of December 31, 2011, resulting in a positive change of 56.60%.This indicates that the balance sheet and financial strength for Superior Credit Union has improved significantly in recent periods. | | Deposit Growth | | | In the past year, Superior Credit Union has increased its total deposits by $27.06 million, resulting in 9.54% 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 Superior 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. Superior Credit Union has $376.79 million in assets with $55.66 million in equity, resulting in a capitalization level of 14.77%, which is excellent. |
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Average User Rating:
Review Of Superior Federal Credit Union
Superior Federal Credit Union is a local bank in the community of Lima Ohio. When you walk into the credit Union you arealways made to feel welcome. Exeptional customer service is what they offer. Personaly i have held accounts at this credit union and the features they have to offer far surpass a traditional bank. Free checking is one of the main features i look for in a bank. Also as far as loans go... I would never go anywere else. the interest rates at Superior are by far the best i have come across localy. They are extremely competive in comparison to other local banks. I would recomend Superior and have... to anyone i know.