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Overview / Commentary
800-256-5918
12930 Northwest Freeway
Houston, TX 77040

Transtar Credit Union is headquartered in Houston and is the 205th largest credit union in the state of Texas. It is also the 2,590th largest credit union in the nation. It was established in 1951 and as of December of 2013, it had grown to 12 employees and 5,215 members. Transtar Credit Union has a C+ health rating.

Field of Membership Restrictions

Must live, work or worship in selected zip codes in Texas. Also open to employees or retirees of The Williams Companies, Inc., its subsidiaries or other Select Employee Groups. - See Details

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Health

Data for Q4 2013

Institution Health

C+
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Transtar Credit Union has a low asset base.

Texas Ratio

GRADE:
B+

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 Transtar Credit Union had $286,000 in non-current loans and owned real-estate with $2.54 million in equity and loan loss allowances on hand to cover it. This gives Transtar Credit Union a Texas Ratio of 11.26% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
B

The Texas Ratio for Transtar Credit Union decreased slightly from 13.16% as of December 31, 2012 to 11.26% as of December 31, 2013, resulting in a positive change of 14.43%.This indicates that the balance sheet and financial strength for Transtar Credit Union has improved slightly in recent periods.

Deposit Growth

GRADE:
C

In the past year, Transtar Credit Union has decreased its total deposits by $-706,000, resulting in -1.9% 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 Transtar Credit Union has shown is average.

Capitalization

GRADE:
C-

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. Transtar Credit Union has $39 million in assets with $2.54 million in equity, resulting in a capitalization level of 6.51%, which is below average.

Institution Statistics

Overall
NCUA #7482
Year Chartered1951
Employees12
Primary Regulator
Assets and Liabilities
Assets$39.00 million
Loans$21.07 million
Deposits$36.37 million
Equity Capital$2.42 million
Loan Loss Allowance$116,000
Unbacked Noncurrent Loans$286,000
Real Estate Owned$0
Historic Data - December 2012
Assets$39.78 million
Equity Capital$2.52 million
Loan Loss Allowance$141,000
Unbacked Noncurrent Loans$286,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin6.7%
Return on Assets-0.24%
Return on Equity-3.92%
Interest Income$1.69 million
Rates
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Transtar Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.01%--Regular Savings Account
0.01%--Vacation Club Account
0.01%--Christmas Club Account
0.01%--IRA Savings Account

Transtar Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.10%$5k-MoneyStar Account

Transtar Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.00%$1k-5 Year CD
0.85%$1k-4 Year CD
0.65%$1k-3 Year CD
0.35%$1k-2 Year CD
0.30%$1k-1 Year CD
0.15%$1k-182 Day CD

Transtar Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.00%$1k-5 Year IRA
0.85%$1k-4 Year IRA
0.65%$1k-3 Year IRA
0.35%$1k-2 Year IRA
0.30%$1k-1 Year IRA
Locations


Transtar Credit Union Locations
Branch Office12930 Northwest FwyHouston, TX 77040-6304
Branch Office810 Gears RdHouston, TX 77067-4416
Branch Office2800 Post Oak Blvd Level 20Houston, TX 77056-6100