Torrance Community Credit Union

Torrance Community Credit Union is headquartered in Torrance and is the 145^th largest credit union in the state of California. It is also the 1,421^st largest credit union in the nation. It was established in 1958 and as of December of 2012, it had grown to 16 employees and 7,079 members. Torrance Community Credit Union has a 5-star health rating.

Torrance Community Credit Union Routing Number: 322283152

Torrance Community Credit Union Savings Account Rates

Torrance Community Credit Union Money Market Rates

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Torrance Community Credit Union IRA Rates

Data for Q4 2012

Institution Statistics TORRANCE COMMUNITY NCUA # 12543 BankRate Report View Year Chartered 1958 Employees 16 Primary Regulator Assets and Liabilities Assets $104.98 million Loans $37.75 million Deposits $95.57 million Equity Capital $9.11 million Loan Loss Allowance $449,000 Unbacked Noncurrent Loans $186,000 Historic Data - December 2011 Assets $100.14 million Equity Capital $8.16 million Loan Loss Allowance $770,000 Unbacked Noncurrent Loans $219,000 Profit Margin - Quarterly Net Interest Margin 4.99% Return on Assets 0.69% Return on Equity 7.91% Interest Income $2.80 million Non-Interest Income $743,000

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, 2012 Torrance Community Credit Union had $186,000 in non-current loans and owned real-estate with $9.56 million in equity and loan loss allowances on hand to cover it. This gives Torrance Community Credit Union a Texas Ratio of 1.95% 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 Torrance Community Credit Union decreased slightly from 2.45% as of December 31, 2011 to 1.95% as of December 31, 2012, resulting in a positive change of 20.68%.This indicates that the balance sheet and financial strength for Torrance Community Credit Union has improved slightly in recent periods. Deposit Growth In the past year, Torrance Community Credit Union has increased its total deposits by $3.99 million, resulting in 4.35% 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 Torrance Community 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. Torrance Community Credit Union has $104.98 million in assets with $9.56 million in equity, resulting in a capitalization level of 9.11%, which is average.

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