Teamsters Council #37 Credit Union

Teamsters Council #37 Credit Union Locations

P O Box 20849
Portland, OR 972940849
503-251-2390
www.tcu37.com

OverView
Rates
Health
Reviews

Teamsters Council #37 Credit Union is headquartered in Portland and is the 38^th largest credit union in the state of Oregon. It is also the 2,218^st largest credit union in the nation. It was established in 1961 and as of December of 2011, it had grown to 14 employees and 8,158 members. Teamsters Council #37 Credit Union's savings rates are 15% higher than the national average, and it boasts a 5-star health rating.

Report an Issue

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

Teamsters Council #37 Credit Union Savings Account Rates

Apy	Min	Max	Product
0.60%	-	-	Severance Account
0.60%	$25	-	Traditional IRA Savings
0.60%	$25	-	Roth IRA Savings
0.60%	$25	-	Educational IRA Savings
0.10%	$50	-	Regular Shares
0.10%	-	-	Christmas Club
0.10%	-	-	Special Savings

Teamsters Council #37 Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.60%	$100k	-	Hi-Yield Money Market

Teamsters Council #37 Credit Union CD Rates

Apy	Min	Max	Product
1.60%	$2,500	-	60 Month CD
1.35%	$2,500	-	48 Month CD
1.10%	$2,500	-	36 Month CD
0.85%	$2,500	-	24 Month CD
0.60%	$2,500	-	18 Month CD
0.55%	$2,500	-	12 Month CD
0.25%	$2,500	-	6 Month CD
0.15%	$500	-	3 Month CD

Teamsters Council #37 Credit Union IRA Rates

Apy	Min	Max	Product
1.60%	$2,500	-	60 Month IRA
1.60%	$2,500	-	60 Month Roth IRA
1.60%	$2,500	-	60 Month CESA
1.35%	$2,500	-	48 Month IRA
1.35%	$2,500	-	48 Month Roth IRA
1.35%	$2,500	-	48 Month CESA
1.10%	$2,500	-	36 Month IRA
1.10%	$2,500	-	36 Month Roth IRA
1.10%	$2,500	-	36 Month CESA
0.85%	$2,500	-	24 Month IRA
0.85%	$2,500	-	24 Month Roth IRA
0.85%	$2,500	-	24 Month CESA
0.60%	$2,500	-	18 Month IRA
0.60%	$2,500	-	18 Month Roth IRA
0.60%	$2,500	-	18 Month CESA
0.55%	$2,500	-	12 Month IRA
0.55%	$2,500	-	12 Month Roth IRA
0.55%	$2,500	-	12 Month CESA
0.25%	$2,500	-	6 Month IRA
0.25%	$2,500	-	6 Month Roth IRA
0.25%	$2,500	-	6 Month CESA
0.15%	$500	-	3 Month IRA
0.15%	$500	-	3 Month Roth IRA
0.15%	$500	-	3 Month CESA

Rates updated: 5/26/2012

Data for Q4 2011

Institution Statistics

TEAMSTERS COUNCIL #37
NCUA #	14196
BankRate Report	View
Year Chartered	1961
Employees	14
Primary Regulator
Assets and Liabilities
Assets	$51.17 million
Loans	$25.93 million
Deposits	$44.55 million
Equity Capital	$6.50 million
Loan Loss Allowance	$103,000
Unbacked Noncurrent Loans	$207,000
Historic Data - December 2010
Assets	$50.55 million
Equity Capital	$6.35 million
Loan Loss Allowance	$140,000
Unbacked Noncurrent Loans	$155,000
Profit Margin - Quarterly
Net Interest Margin	5.88%
Return on Assets	0.28%
Return on Equity	2.2%
Interest Income	$1.95 million
Non-Interest Income	$304,000

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 Teamsters Council #37 Credit Union had $207,000 in non-current loans and owned real-estate with $6.6 million in equity and loan loss allowances on hand to cover it. This gives Teamsters Council #37 Credit Union a Texas Ratio of 3.14% 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 Teamsters Council #37 Credit Union held steady from 2.39% as of December 31, 2010 to 3.14% as of December 31, 2011, resulting in a negative change of 31.38%. This indicates that the balance sheet and financial strength for Teamsters Council #37 Credit Union has held steady in recent periods.
Deposit Growth
In the past year, Teamsters Council #37 Credit Union has increased its total deposits by $450,000, resulting in 1.02% 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 Teamsters Council #37 Credit Union has shown is above 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. Teamsters Council #37 Credit Union has $51.17 million in assets with $6.6 million in equity, resulting in a capitalization level of 12.90%, which is excellent.

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