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Overview / Commentary
610-326-3705
1550 Medical Dr
Pottstown, PA 19464

Tri County Area Credit Union is headquartered in Pottstown and is the 55th largest credit union in the state of Pennsylvania. It is also the 1,427th largest credit union in the nation. It was established in 1949 and as of December of 2013, it had grown to 41 employees and 13,638 members. Tri County Area Credit Union has a B health rating.

Field of Membership Restrictions

Must live, work, worship or attend school in Berks, Chester or Montgomery County. - See Details

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Health

Data for Q4 2013

Institution Health

B

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 Tri County Area Credit Union had $755,000 in non-current loans and owned real-estate with $9.03 million in equity and loan loss allowances on hand to cover it. This gives Tri County Area Credit Union a Texas Ratio of 8.36% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Tri County Area Credit Union experienced no significant changes from 9.25% as of December 31, 2012 to 8.36% as of December 31, 2013, resulting in a positive change of 9.67%.This indicates that the balance sheet and financial strength for Tri County Area Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
C-

In the past year, Tri County Area Credit Union has decreased its total deposits by -$2.53 million, resulting in -2.53% 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 Tri County Area Credit Union has shown is below 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. Tri County Area Credit Union has $106.35 million in assets with $9.03 million in equity, resulting in a capitalization level of 8.49%, which is average.

Institution Statistics

Overall
NCUA #6269
Year Chartered1949
Employees41
Primary Regulator
Assets and Liabilities
Assets$106.35 million
Loans$72.26 million
Deposits$97.47 million
Equity Capital$8.22 million
Loan Loss Allowance$816,000
Unbacked Noncurrent Loans$755,000
Real Estate Owned$0
Historic Data - December 2012
Assets$109.62 million
Equity Capital$8.80 million
Loan Loss Allowance$764,000
Unbacked Noncurrent Loans$755,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin5.38%
Return on Assets0.24%
Return on Equity3.15%
Interest Income$4.50 million
Rates

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

Tri County Area Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.30%--Accumulative IRA Account
0.05%--Share Account
0.05%--Christmas Club
0.05%--Vacation Club
0.05%--Basic Business Savings
0.05%--Alternate Savings Accounts

Tri County Area Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.25%$100k-Money Market Plus Account
0.25%$100k-Business Money Market
0.20%$100k-Business Money Market Checking

Tri County Area Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.05%$700-Interest Checking Account
0.05%--Basic Business Checking
0.05%--Business Premium Checking

Tri County Area Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.31%$75k-60 Month CD
1.06%$75k-48 Month CD
0.80%$75k-36 Month CD
0.70%$75k-30 Month CD
0.60%$75k-24 Month CD
0.50%$75k-18 Month CD
0.40%$75k-12 Month CD
0.30%$100-Junior CD
Locations


Tri County Area Credit Union Locations
Branch Office1550 Medical DrPottstown, PA 19464-3225
Branch Office110 Pottstown AvePennsburg, PA 18073