Telco Plus Credit Union

423 Gilmer Rd
Longview, TX 75604
903-753-5588
www.telcoplus.org

NCUA

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Telco Plus Credit Union is headquartered in Longview and is the 154^th largest credit union in the state of Texas. It is also the 2,001^st largest credit union in the nation. It was established in 1951 and as of December of 2012, it had grown to 29 employees and 8,940 members. Telco Plus Credit Union has a 5-star health rating.

Telco Plus Credit Union Routing Number: 311985791

High-Yield Reward Checking Account at Telco Plus Credit Union in TX - Local Only - 5/25/2010

Telco Plus Credit Union is offering a high-yield reward checking account called Rewards Plus. The account has the following rates and features if certain monthly requirements are met (as listed on th ...

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

Telco Plus Credit Union Checking Account Rates

Apy	Min	Max	Product
2.02%	-	$20k	Reward Plus Checking
0.10%	$1k	-	Share Drafts
0.10%	$2k	-	Plus Checking

Telco Plus Credit Union Savings Account Rates

Apy	Min	Max	Product
0.55%	-	-	IRA Shares
0.20%	$100	-	Regular Shares
0.20%	$100	-	Christmas Club
0.20%	$100	-	Vacation Club

Telco Plus Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.60%	$100k	-	Member Money Account

Telco Plus Credit Union CD Rates

Apy	Min	Max	Product
1.01%	$1k	-	60 Month CD
0.90%	$500	-	30 Month CD
0.85%	$500	-	24 Month CD
0.80%	$500	-	18 Month CD
0.60%	$500	-	12 Month CD
0.45%	$500	-	6 Month CD

Telco Plus Credit Union IRA Rates

Apy	Min	Max	Product
1.01%	$1k	-	60 Month IRA
0.90%	$500	-	30 Month IRA
0.85%	$500	-	24 Month IRA
0.80%	$500	-	18 Month IRA
0.60%	$500	-	12 Month IRA
0.45%	$500	-	6 Month IRA

Rates updated: 5/22/2013

Data for Q4 2012

Institution Statistics

TELCO PLUS
NCUA #	66351
BankRate Report	View
Year Chartered	1951
Employees	29
Primary Regulator
Assets and Liabilities
Assets	$62.32 million
Loans	$28.68 million
Deposits	$53.53 million
Equity Capital	$8.41 million
Loan Loss Allowance	$284,000
Unbacked Noncurrent Loans	$195,000
Historic Data - December 2011
Assets	$59.96 million
Equity Capital	$8.35 million
Loan Loss Allowance	$279,000
Unbacked Noncurrent Loans	$184,000
Profit Margin - Quarterly
Net Interest Margin	6.42%
Return on Assets	0.03%
Return on Equity	0.23%
Interest Income	$2.13 million
Non-Interest Income	$1.16 million

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, 2012 Telco Plus Credit Union had $195,000 in non-current loans and owned real-estate with $8.69 million in equity and loan loss allowances on hand to cover it. This gives Telco Plus Credit Union a Texas Ratio of 2.24% 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 Telco Plus Credit Union held steady from 2.13% as of December 31, 2011 to 2.24% as of December 31, 2012, resulting in a negative change of 5.19%. This indicates that the balance sheet and financial strength for Telco Plus Credit Union has held steady in recent periods.
Deposit Growth
In the past year, Telco Plus Credit Union has increased its total deposits by $2.53 million, resulting in 4.96% 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 Telco Plus 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. Telco Plus Credit Union has $62.32 million in assets with $8.69 million in equity, resulting in a capitalization level of 13.95%, which is excellent.