Tulsa Teachers Credit Union

Tulsa Teachers Credit Union is headquartered in Tulsa and is the 2^nd largest credit union in the state of Oklahoma. It is also the 163^rd largest credit union in the nation. It was established in 1934 and as of December of 2011, it had grown to 235 employees and 86,478 members. Tulsa Teachers Credit Union's savings rates are 2X the national average, and it boasts a 5-star health rating.

Tulsa Teachers Credit Union Routing Number: 303986313

Tulsa Teachers Credit Union Checking Account Rates

Tulsa Teachers Credit Union Savings Account Rates

Tulsa Teachers Credit Union Money Market Rates

Tulsa Teachers Credit Union CD Rates

Tulsa Teachers Credit Union IRA Rates

Data for Q4 2011

Institution Statistics TULSA TEACHERS NCUA # 60553 BankRate Report View Year Chartered 1934 Employees 235 Primary Regulator Assets and Liabilities Assets $1.11 billion Loans $690.18 million Deposits $842.80 million Equity Capital $149.60 million Loan Loss Allowance $8.02 million Unbacked Noncurrent Loans $9.99 million Real Estate Owned $227,000 Historic Data - December 2010 Assets $988.80 million Equity Capital $138.87 million Loan Loss Allowance $6.51 million Unbacked Noncurrent Loans $7.14 million Real Estate Owned $253,000 Profit Margin - Quarterly Net Interest Margin 4.38% Return on Assets 1.15% Return on Equity 8.51% Interest Income $47.59 million Non-Interest Income $12.70 million

Institution Health Overall Score: 5 out of 5 Texas Ratio 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, 2011 Tulsa Teachers Credit Union had $10.22 million in non-current loans and owned real-estate with $157.61 million in equity and loan loss allowances on hand to cover it. This gives Tulsa Teachers Credit Union a Texas Ratio of 6.48% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Tulsa Teachers Credit Union held steady from 5.08% as of December 31, 2010 to 6.48% as of December 31, 2011, resulting in a negative change of 27.49%. This indicates that the balance sheet and financial strength for Tulsa Teachers Credit Union has held steady in recent periods. Deposit Growth In the past year, Tulsa Teachers Credit Union has increased its total deposits by $98.44 million, resulting in 13.22% 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 Tulsa Teachers Credit Union has shown is excellent. Capitalization 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. Tulsa Teachers Credit Union has $1.11 billion in assets with $157.61 million in equity, resulting in a capitalization level of 14.26%, which is excellent.

No reviews have been left for this bank yet. Be the first to review.