Tip Of Texas Credit Union

Tip Of Texas Credit Union is headquartered in EL PASO and is the 243^rd largest credit union in the state of Texas. It is also the 3,269^th largest credit union in the nation. It was established in 1948 and as of December of 2011, it had grown to 17 employees and 5,552 members. Tip Of Texas Credit Union's savings rates are 44% higher than the national average, and it has a 4-star health rating.

Tip Of Texas Credit Union Checking Account Rates

Tip Of Texas Credit Union Savings Account Rates

Tip Of Texas Credit Union CD Rates

Data for Q4 2011

Institution Statistics TIP OF TEXAS NCUA # 5929 BankRate Report View Year Chartered 1948 Employees 17 Primary Regulator Assets and Liabilities Assets $24.07 million Loans $13.62 million Deposits $19.68 million Equity Capital $4.19 million Loan Loss Allowance $252,000 Unbacked Noncurrent Loans $378,000 Historic Data - December 2010 Assets $24.46 million Equity Capital $4.37 million Loan Loss Allowance $397,000 Unbacked Noncurrent Loans $392,000 Profit Margin - Quarterly Net Interest Margin 6.44% Return on Assets -0.73% Return on Equity -4.2% Interest Income $1.02 million Non-Interest Income $337,000

Institution Health Overall Score: 4 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 Tip Of Texas Credit Union had $378,000 in non-current loans and owned real-estate with $4.44 million in equity and loan loss allowances on hand to cover it. This gives Tip Of Texas Credit Union a Texas Ratio of 8.51% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Tip Of Texas Credit Union held steady from 8.23% as of December 31, 2010 to 8.51% as of December 31, 2011, resulting in a negative change of 3.42%. This indicates that the balance sheet and financial strength for Tip Of Texas Credit Union has held steady in recent periods. Deposit Growth In the past year, Tip Of Texas Credit Union has decreased its total deposits by $-256,000, resulting in -1.28% 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 Tip Of Texas 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. Tip Of Texas Credit Union has $24.07 million in assets with $4.44 million in equity, resulting in a capitalization level of 18.45%, which is excellent.

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