Average User Rating:
4 star rating based on 1 review.

TIC Federal Credit Union

1251 13th Street
Columbus , GA 31901
706-320-8500
www.ticfcu.com

NCUA

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TIC Federal Credit Union is headquartered in Columbus and is the 9^th largest credit union in the state of Georgia. It is also the 750^th largest credit union in the nation. It was established in 1956 and as of March of 2013, it had grown to 140 employees and 41,387 members. TIC Federal Credit Union has a 5-star health rating.

TIC Federal Credit Union Routing Number: 261171671

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

TIC Federal Credit Union Checking Account Rates

Apy	Min	Max	Product
2.00%	-	$5k	Smart Rate Checking
0.30%	$20k	-	Rewards Checking

TIC Federal Credit Union Savings Account Rates

Apy	Min	Max	Product
0.35%	-	-	IRA Savings
0.35%	-	-	Roth IRA Savings
0.20%	-	$7,500	Christmas Savings
0.20%	-	$7,500	Tax Savings
0.20%	$25	-	Prime Club Savings
0.10%	$25	-	Regular Savings
0.10%	$25	-	Xtreme Savings
0.10%	$25	-	Greenkids Savings
0.10%	-	-	Special Savings

TIC Federal Credit Union Money Market Rates

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

TIC Federal Credit Union CD Rates

Apy	Min	Max	Product
0.55%	$500	-	24 Month Prime Club Monthly CD
0.55%	$500	-	24 Month Prime Club Quarterly CD
0.55%	$500	-	30 Month Prime Club Monthly CD
0.55%	$500	-	30 Month Prime Club Quarterly CD
0.45%	$500	-	12 Month Prime Club Monthly CD
0.45%	$500	-	12 Month Prime Club Quarterly CD
0.45%	$500	-	18 Month Prime Club Monthly CD
0.45%	$500	-	18 Month Prime Club Quarterly CD
0.40%	$500	-	24 Month Quarterly CD
0.40%	$500	-	30 Month Quarterly CD
0.40%	$500	-	24 Month Monthly CD
0.40%	$500	-	30 Month Monthly CD
0.30%	$500	-	12 Month Quarterly CD
0.30%	$500	-	18 Month Quarterly CD
0.30%	$500	-	12 Month Monthly CD
0.30%	$500	-	18 Month Monthly CD
0.30%	$500	-	6 Month Prime Club Monthly CD
0.30%	$500	-	6 Month Prime Club Quarterly CD
0.25%	$500	-	3 Month Prime Club Monthly CD
0.25%	$500	-	3 Month Prime Club Quarterly CD
0.15%	$500	-	6 Month Quarterly CD
0.15%	$500	-	6 Month Monthly CD
0.10%	$500	-	3 Month Quarterly CD
0.10%	$500	-	3 Month Monthly CD

TIC Federal Credit Union IRA Rates

Apy	Min	Max	Product
0.40%	$500	-	24 Month IRA
0.40%	$500	-	30 Month IRA
0.40%	$500	-	24 Month Roth IRA
0.40%	$500	-	30 Month Roth IRA
0.30%	$500	-	12 Month IRA
0.30%	$500	-	18 Month IRA
0.30%	$500	-	12 Month Roth IRA
0.30%	$500	-	18 Month Roth IRA
0.15%	$500	-	6 Month IRA
0.15%	$500	-	6 Month Roth IRA
0.10%	$500	-	3 Month IRA
0.10%	$500	-	3 Month Roth IRA

Rates updated: 6/16/2013

Data for Q1 2013

Institution Statistics

TIC
NCUA #	10866
BankRate Report	View
Year Chartered	1956
Employees	140
Primary Regulator
Assets and Liabilities
Assets	$264.51 million
Loans	$163.62 million
Deposits	$230.22 million
Equity Capital	$29.94 million
Loan Loss Allowance	$1.21 million
Unbacked Noncurrent Loans	$1.24 million
Real Estate Owned	$34,000
Historic Data - March 2012
Assets	$265.53 million
Equity Capital	$28.56 million
Loan Loss Allowance	$1.38 million
Unbacked Noncurrent Loans	$975,000
Profit Margin - Quarterly
Net Interest Margin	1.34%
Return on Assets	0.57%
Return on Equity	5.02%
Interest Income	$2.40 million
Non-Interest Income	$2.52 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 March 31, 2013 TIC Federal Credit Union had $1.27 million in non-current loans and owned real-estate with $31.15 million in equity and loan loss allowances on hand to cover it. This gives TIC Federal Credit Union a Texas Ratio of 4.08% 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 TIC Federal Credit Union held steady from 3.26% as of March 31, 2012 to 4.08% as of March 31, 2013, resulting in a negative change of 25.19%. This indicates that the balance sheet and financial strength for TIC Federal Credit Union has held steady in recent periods.
Deposit Growth
In the past year, TIC Federal Credit Union has increased its total deposits by $2.96 million, resulting in 1.3% 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 TIC Federal 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. TIC Federal Credit Union has $264.51 million in assets with $31.15 million in equity, resulting in a capitalization level of 11.78%, which is above average.

TIC Customer Since 1985
4 stars

- katigurou - Monday, October 22, 2012 - 11:51 PM

I love TIC. Their rates are always a fraction better than the competition because they are member owned. Their credit card is one of the cheapest around, with no annual fee and a low interest rate. The only downside is that in this case you don't get what you don't pay for. Try to buy something in the back of Walmart and then go to the front checkout, and you will find your card frozen. Try to call to get your access restored outside short bankers hours five days a week and you will find that the office that can do that for you is closed. No 24/7 service. On the other hand, TIC offers a prepaid credit card in place of Traveler's Checks. Because it is prepaid, beware: no one has a motive to watch out for fraudulent use. However, that works two ways. No one is going to tell you not to use it twice on one visit to a Walmart. Just don't let anyone else get a hold of it, because since no one is watching, anyone with a Money card in hand can use it right up. The only thing that might hang them up is if someone asks for their ID :-) so be SURE to put on the back of the card with a Sharpie marker, ASK4ID!!!