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Overview / Commentary
800-368-8432
1200 New Jersey Ave SE
Washington, DC 20003

Transportation Credit Union is headquartered in Washington and is the 7th largest credit union in the District of Columbia. It is also the 952nd largest credit union in the nation. It was established in 1939 and as of December of 2013, it had grown to 48 employees and 19,011 members. Transportation Credit Union has a A health rating.

Field of Membership Restrictions

Must be an active or retired employee, military personnel, contractor, and other related occupational group affiliated with the U.S. Department of Transportation and the Federal Aviation Administration (Washington, D.C.). - See Details

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Special 3-Year CD Rate at Transportation Federal Credit Union in DC - 2/21/2014

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Health

Data for Q4 2013

Institution Health

A

Texas Ratio

GRADE:
A+

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, 2013 Transportation Credit Union had $473,000 in non-current loans and owned real-estate with $20.07 million in equity and loan loss allowances on hand to cover it. This gives Transportation Credit Union a Texas Ratio of 2.36% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
B+

The Texas Ratio for Transportation Credit Union decreased slightly from 2.79% as of December 31, 2012 to 2.36% as of December 31, 2013, resulting in a positive change of 15.43%.This indicates that the balance sheet and financial strength for Transportation Credit Union has improved slightly in recent periods.

Deposit Growth

GRADE:
B+

In the past year, Transportation Credit Union has increased its total deposits by $2.62 million, resulting in 1.59% 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 Transportation Credit Union has shown is above average.

Capitalization

GRADE:
B+

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. Transportation Credit Union has $188.73 million in assets with $20.07 million in equity, resulting in a capitalization level of 10.63%, which is above average.

Institution Statistics

Overall
NCUA #3140
Year Chartered1939
Employees48
Primary Regulator
Assets and Liabilities
Assets$188.73 million
Loans$102.35 million
Deposits$167.20 million
Equity Capital$19.22 million
Loan Loss Allowance$851,000
Unbacked Noncurrent Loans$473,000
Real Estate Owned$0
Historic Data - December 2012
Assets$184.50 million
Equity Capital$17.61 million
Loan Loss Allowance$1.12 million
Unbacked Noncurrent Loans$473,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin5.25%
Return on Assets0.67%
Return on Equity6.6%
Interest Income$6.43 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Transportation Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Transportation Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.20%$25-IRA Share Account
0.20%$25-Roth IRA Share Account
0.20%$25-CESA Share Account
0.10%--Regular Savings Account
0.10%--Club Account
0.05%--Life Savings Account

Transportation Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.35%$50k-Money Market Account

Transportation Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.05%--Convenience Checking
0.05%--On the Move Checking

Transportation Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
2.00%$1k-3 Year Diamond Anniversary CD
1.66%$100k-5 Year Jumbo CD
1.56%$1k-5 Year CD
1.46%$100k-4 Year Jumbo CD
1.36%$1k-4 Year CD
1.10%$100k-3 Year Jumbo CD
1.00%$1k-3 Year CD
0.85%$100k-2 Year Jumbo CD
0.75%$1k-2 Year CD
0.60%$100k-1 Year Jumbo CD
0.50%$1k-1 Year CD
0.40%$1k-6 Month Money Market CD
0.30%$250-6 Month Affordable CD
0.20%$25-12 Month First Step CD

Transportation Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.91%$100k-5 Year Jumbo Traditional IRA (Traditional,Roth,CESA)
1.81%$1k-5 Year Traditional IRA (Traditional,Roth,CESA)
1.71%$100k-4 Year Jumbo Traditional IRA (Traditional,Roth,CESA)
1.61%$1k-4 Year Traditional IRA (Traditional,Roth,CESA)
1.36%$100k-3 Year Jumbo Traditional IRA (Traditional,Roth,CESA)
1.26%$1k-3 Year Traditional IRA (Traditional,Roth,CESA)
1.10%$100k-2 Year Jumbo Traditional IRA (Traditional,Roth,CESA)
1.00%$1k-2 Year Traditional IRA (Traditional,Roth,CESA)
0.85%$100k-1 Year Jumbo Traditional IRA (Traditional,Roth,CESA)
0.75%$1k-1 Year Traditional IRA (Traditional,Roth,CESA)
Locations


Transportation Credit Union Locations
Branch Office1200 New Jersey Ave SE West Wing, 1st FloorWashington, DC 20590-0001