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Overview / Commentary
559-686-1791
300 N K St
Tulare, CA 93274-4008

Tulare County Credit Union is headquartered in Tulare and is the 166th largest credit union in the state of California. It is also the 1,734th largest credit union in the nation. It was established in 1939 and as of March of 2014, it had grown to 25 employees and 10,587 members. Tulare County Credit Union has a B+ health rating.

Field of Membership Restrictions

Must live, work, worship or attend school in Tulare County. - See Details

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Health

Data for Q1 2014

Institution Health

B+
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Tulare County Credit Union has a relatively 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 Tulare County Credit Union had $283,000 in non-current loans and owned real-estate with $6.16 million in equity and loan loss allowances on hand to cover it. This gives Tulare County Credit Union a Texas Ratio of 4.60% 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 Tulare County Credit Union decreased slightly from 5.21% as of March 31, 2013 to 4.60% as of March 31, 2014, resulting in a positive change of 11.75%.This indicates that the balance sheet and financial strength for Tulare County Credit Union has improved slightly in recent periods.

Deposit Growth

GRADE:
B

In the past year, Tulare County Credit Union has increased its total deposits by $749,000, resulting in 1% 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 Tulare County Credit Union has shown is above 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. Tulare County Credit Union has $81.89 million in assets with $6.16 million in equity, resulting in a capitalization level of 7.52%, which is below average.

Institution Statistics

Overall
NCUA #3218
Year Chartered1939
Employees25
Primary Regulator
Assets and Liabilities
Assets$81.89 million
Loans$50.72 million
Deposits$75.84 million
Equity Capital$5.61 million
Loan Loss Allowance$544,000
Unbacked Noncurrent Loans$187,000
Real Estate Owned$96,000
Historic Data - March 2013
Assets$80.89 million
Equity Capital$5.52 million
Loan Loss Allowance$722,000
Unbacked Noncurrent Loans$187,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin1.04%
Return on Assets0.56%
Return on Equity8.13%
Interest Income$672,000
Rates

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

Tulare County Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.15%--IRA Share Savings
0.10%$25-Share Savings
0.10%$25-Holiday Savings
0.10%--HSA Account

Tulare County Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.10%$2,500-Money Market Account

Tulare County Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.00%--Checking Account

Tulare County Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
0.80%$1k-60 Month CD
0.70%$1k-36 Month CD
0.70%$1k-48 Month CD
0.60%$1k-24 Month CD
0.50%$1k-12 Month CD
0.50%$1k-18 Month CD
0.15%$1k-6 Month CD
0.10%$1k-3 Month CD

Tulare County Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
0.80%$1k-60 Month IRA
0.70%$1k-36 Month IRA
0.70%$1k-48 Month IRA
0.60%$1k-24 Month IRA
0.50%$1k-12 Month IRA
0.50%$1k-18 Month IRA
0.15%$1k-6 Month IRA
0.10%$1k-3 Month IRA
Locations


Tulare County Credit Union Locations
Branch Office5133 W Walnut AveVisalia, CA 93277-3474
Branch Office300 N K StTulare, CA 93274-4008
Branch Office300 N K StTulare, CA 93274-4008
Branch Office617 N Main StPorterville, CA 93257-2358