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Overview / Commentary
520-795-8520
P.O. Box 42435
Tucson, AZ 85733

Tucson Credit Union is headquartered in TUCSON and is the 11st largest credit union in the state of Arizona. It is also the 605th largest credit union in the nation. It was established in 1937 and as of December of 2013, it had grown to 127 employees and 48,516 members. Tucson Credit Union has a A health rating.

Field of Membership Restrictions

TFCU membership is open to anyone who lives, works, worships, volunteers, or attends school in Pima County and their immediate families and household members. In order to open a personal account at TFCU, you must meet the above criteria. To open a business account, your business must operate in Pima County. - See Details

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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 Tucson Credit Union had $2.16 million in non-current loans and owned real-estate with $31.95 million in equity and loan loss allowances on hand to cover it. This gives Tucson Credit Union a Texas Ratio of 6.75% 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 Tucson Credit Union experienced no significant changes from 3.75% as of December 31, 2012 to 6.75% as of December 31, 2013, resulting in a negative change of 80.23%. This indicates that the balance sheet and financial strength for Tucson Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
A

In the past year, Tucson Credit Union has increased its total deposits by $9.86 million, resulting in 3.22% 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 Tucson Credit Union has shown is excellent.

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. Tucson Credit Union has $349.28 million in assets with $31.95 million in equity, resulting in a capitalization level of 9.15%, which is average.

Institution Statistics

Overall
NCUA #2157
Year Chartered1937
Employees127
Primary Regulator
Assets and Liabilities
Assets$349.28 million
Loans$195.84 million
Deposits$315.48 million
Equity Capital$28.85 million
Loan Loss Allowance$3.10 million
Unbacked Noncurrent Loans$2.11 million
Real Estate Owned$49,000
Historic Data - December 2012
Assets$337.52 million
Equity Capital$26.74 million
Loan Loss Allowance$4.15 million
Unbacked Noncurrent Loans$2.11 million
Real Estate Owned$383,000
Profit Margin - Quarterly
Net Interest Margin5.28%
Return on Assets0.67%
Return on Equity8.12%
Interest Income$12.65 million
Rates

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

Tucson Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.35%--Regular IRA Savings
0.35%--Roth IRA Savings
0.05%$25-Share Savings
0.05%--Regular Club
0.05%--Teen Club

Tucson Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.12%$75k-Premier Money Market
0.10%$25k-Money Market

Tucson Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.03%$10k-Better Business Checking
0.01%$2,500-55 Prime Checking
0.01%$5k-Prime Checking
0.01%--Basic Business Checking

Tucson Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.21%$500-5 Year Share Certificate
0.89%$500-4 Year Share Certificate
0.74%$500-3 Year Share Certificate
0.53%$500-2 Year Share Certificate
0.30%$500-1 Year Share Certificate
0.20%$1k-180 Day Share Certificate

Tucson Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.21%$500-5 Year IRA Certificate (Traditional,Roth)
0.89%$500-4 Year IRA Certificate (Traditional,Roth)
0.74%$500-3 Year IRA Certificate (Traditional,Roth)
0.53%$500-2 Year IRA Certificate (Traditional,Roth)
0.30%$500-1 Year IRA Certificate (Traditional,Roth)
0.20%$1k-180 Day IRA Certificate (Traditional,Roth)
Locations


Tucson Credit Union Locations
Branch Office8145 E 22ND STTUCSON, AZ 85710-8511
Branch Office1740 W SPEEDWAY BLVDTUCSON, AZ 85745-2218
Branch Office12100 N THORNYDALE RD FRY'S MARKETPLACEMARANA, AZ 85658-4755
Branch Office15950 S RANCHO SAHUARITA BLVD FRY'S MARKETPLACESAHUARITA, AZ 85629-8010
Branch Office3755 S MISSION RDTUCSON, AZ 85713-5624
Branch Office3801 E SPEEDWAY BLVDTUCSON, AZ 85716-4021
Branch Office1160 N WINSTEL BLVDTUCSON, AZ 85716-4023
Branch Office7216 N ORACLE RDTUCSON, AZ 85704-6303