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Overview / Commentary
P.O. Box 972
Shawnee, OK 74802

Tri-County Credit Union is headquartered in Shawnee and is the 62nd largest credit union in the state of Oklahoma. It is also the 5,674th largest credit union in the nation. It was established in 1940 and as of March of 2014, it had grown to 2 employees and 857 members. Tri-County Credit Union has a C health rating.

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Health

Data for Q1 2014

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. Tri-County Credit Union has a very low asset base.

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Tri-County Credit Union had $15,000 in non-current loans and owned real-estate with $307,000 in equity and loan loss allowances on hand to cover it. This gives Tri-County Credit Union a Texas Ratio of 4.89% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Deposit Growth

GRADE:
F

In the past year, Tri-County Credit Union has decreased its total deposits by $-354,000, resulting in -11.47% 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 Credit Union has shown is poor.

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. Tri-County Credit Union has $3.04 million in assets with $307,000 in equity, resulting in a capitalization level of 10.09%, which is above average.

Institution Statistics

Overall
NCUA #3718
Year Chartered1940
Employees2
Primary Regulator
Assets and Liabilities
Assets$3.04 million
Loans$1.29 million
Deposits$2.73 million
Equity Capital$299,000
Loan Loss Allowance$8,000
Unbacked Noncurrent Loans$15,000
Real Estate Owned$0
Historic Data - March 2013
Assets$3.40 million
Equity Capital$302,000
Loan Loss Allowance$8,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin1.83%
Return on Assets-0.13%
Return on Equity-1.34%
Interest Income$26,000
Rates

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Locations


Tri-County Credit Union Locations
Branch Office201 N Bell Ave Ste 112Shawnee, OK 74801-6940