TwinStar Credit Union

1020 E 5th Avenue
Olympia, WA 98501
1.800.258.3115
www.twinstarcu.com

OverView
Rates
Health
Reviews

TwinStar Credit Union is headquartered in OLYMPIA and is the 11^st largest credit union in the state of Washington. It is also the 250^th largest credit union in the nation. It was established in 1938 and as of September of 2011, it had grown to 319 employees and 89,160 members. TwinStar Credit Union's savings rates are 3X the national average, and it boasts a 5-star health rating.

5.00% 60-Month CD & 4.00% 12-Month CD at TwinStar Credit Union in Parts of WA State - 1/28/2009

TwinStar Credit Union is offering two very competitive CD rates for parts of Washington State. One is a 4.00% APY 12-month CD and the other is a 5.00% APY 60-month CD. These are also available in IRA certificates, and the rates are 10 basis points...

High-Interest Reward Checking Account at a Washington State Credit Union (TwinStar) - 3/4/2007

Update 5/03/09: The rate has fallen to 3.00% APY with a balance cap of $30,000.TwinStar Credit Union is offering a new relationship checking account called the Accelerator Checking. You can earn 3.00% APY for balances up to $30K when certain requirements...

Report an Issue

See Rates for: Checking | Savings | Money Market | CD | IRA

TwinStar Credit Union Checking Account Rates

Apy	Min	Max	Product
2.50%	-	$20k	Accelerator Checking
0.75%	$25k	-	Voyager Checking
0.75%	-	-	IOLTA Trust Checking
0.50%	-	-	Explorer Checking
0.10%	$2,500	-	Consumer Checking

TwinStar Credit Union Savings Account Rates

Apy	Min	Max	Product
1.60%	-	-	Planned Savings
0.40%	-	-	IRA Shares
0.10%	-	-	Shares

TwinStar Credit Union Money Market Rates

Apy	Min	Max	Product
0.45%	$100k	-	Money Market Savings
0.45%	$150k	-	Premium Money Market

TwinStar Credit Union CD Rates

Apy	Min	Max	Product
1.40%	$500	-	60 Month CD
1.40%	$100	-	Youth 60 Month CD
1.15%	$500	-	48 Month CD
1.15%	$100	-	Youth 48 Month CD
0.85%	$500	-	36 Month CD
0.85%	$100	-	Youth 36 Month CD
0.50%	$500	-	30 Month CD
0.50%	$500	-	Youth 30 Month CD
0.45%	$500	-	24 Month CD
0.45%	$100	-	Youth 24 Month CD
0.30%	$500	-	18 Month CD
0.30%	$100	-	Youth 18 Month CD
0.25%	$500	-	12 Month CD
0.25%	$100	-	Youth 12 Month CD
0.15%	$500	-	3 Month CD
0.15%	$500	-	6 Month Smart Saver CD
0.15%	$500	-	6 Month Veterans' Family Fund CD
0.15%	$100	-	Youth 3 Month CD
0.15%	$100	-	Youth 6 Month Smart Saver CD
0.15%	$100	-	Youth 6 Month Veterans' Family Fund CD

TwinStar Credit Union IRA Rates

Apy	Min	Max	Product
1.55%	$500	-	60 Month IRA
1.20%	$500	-	48 Month IRA
1.00%	$500	-	36 Month IRA
0.55%	$500	-	24 Month IRA
0.55%	$500	-	30 Month IRA
0.35%	$500	-	18 Month IRA
0.30%	$500	-	12 Month IRA

Rates updated: 2/11/2012

Data for Q3 2011

Institution Statistics

TWINSTAR
NCUA #	68271
BankRate Report	View
Year Established	1938
Employees	319
Primary Regulator
Assets and Liabilities
Assets	$769.43 million
Loans	$532.34 million
Deposits	$673.90 million
Equity Capital	$77.96 million
Loan Loss Allowance	$8.95 million
Unbacked Noncurrent Loans	$8.38 million
Real Estate Owned	$564,000
Historic Data - September 2010
Assets	$719.00 million
Equity Capital	$69.65 million
Loan Loss Allowance	$8.63 million
Unbacked Noncurrent Loans	$9.57 million
Real Estate Owned	$370,000
Profit Margin - Quarterly
Net Interest Margin	3.96%
Return on Assets	0.73%
Return on Equity	7.18%
Interest Income	$26.38 million
Non-Interest Income	$18.55 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 September 30, 2011 TwinStar Credit Union had $8.94 million in non-current loans and owned real-estate with $86.9 million in equity and loan loss allowances on hand to cover it. This gives TwinStar Credit Union a Texas Ratio of 10.29% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for TwinStar Credit Union decreased slightly from 12.69% as of September 30, 2010 to 10.29% as of September 30, 2011, resulting in a positive change of 18.96%.This indicates that the balance sheet and financial strength for TwinStar Credit Union has improved slightly in recent periods.
Deposit Growth
In the past year, TwinStar Credit Union has increased its total deposits by $47.12 million, resulting in 7.52% 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 TwinStar 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. TwinStar Credit Union has $769.43 million in assets with $86.9 million in equity, resulting in a capitalization level of 11.29%, which is above average.

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

TwinStar Credit Union

Related Posts