Union Square Credit Union

1401 Holliday
Wichita Falls, TX 76301
(940) 720-8000
www.usfcu.us

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Union Square Credit Union is headquartered in Wichita Falls and is the 53^rd largest credit union in the state of Texas. It is also the 625^th largest credit union in the nation. It was established in 1957 and as of December of 2011, it had grown to 91 employees and 22,696 members. Union Square Credit Union's savings rates are 3X the national average, and it boasts a 5-star health rating.

Union Square Credit Union Has Dropped Their Rate/Limit in December 2011... (Forum) - 4/8/2012

Premier Checking: From (4.57%, $25K) to (3.51%, $15K) on 12/1/11. Sorry, the limit was changed long ago; just for Ken to update the RCA table. Unfortunately, many of the old RCAs with (3.5%, $25K) or above are "GONE WITH THE WIND." :D

Union Square CU Drops From 4.57%/25K To 3.51%/15K (Forum) - 10/28/2011

I just received an e-mail --- new rate effective 12/1/11 another 4%er falls

High-Yield Reward Checking Account at Union Square Federal Credit Union in Northern Texas - Local Only - 4/21/2011

When I was reviewing the best reward checking accounts in Houston and in Texas, a reader noted Union Square Federal Credit Union . Even though it's not available for all Texans, its reward checking ac ...

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

Union Square Credit Union Checking Account Rates

Apy	Min	Max	Product
3.51%	-	$15k	Premier Checking
0.10%	-	-	Premier Checking - Non Qualifying Account

Union Square Credit Union Savings Account Rates

Apy	Min	Max	Product
1.50%	$5k	-	HSA Checking Account
0.15%	$25	-	Share Account
0.15%	-	-	IRA Share Account

Union Square Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.40%	$25k	-	Money Market Account

Union Square Credit Union CD Rates

Apy	Min	Max	Product
1.45%	$100k	-	5 Year Jumbo Share Certificate
1.40%	$50k	$100k	5 Year Mini Jumbo Share Certificate
1.25%	$1k	-	5 Year Share Certificate
1.00%	$100k	-	4 Year Jumbo Share Certificate
0.95%	$50k	$100k	4 Year Mini Jumbo Share Certificate
0.80%	$1k	-	4 Year Share Certificate
0.80%	$100k	-	3 Year Jumbo Share Certificate
0.75%	$50k	$100k	3 Year Mini Jumbo Share Certificate
0.65%	$100k	-	30 Month Jumbo Share Certificate
0.60%	$1k	-	3 Year Share Certificate
0.60%	$100k	-	2 Year Jumbo Share Certificate
0.60%	$50k	$100k	30 Month Mini Jumbo Share Certificate
0.55%	$50k	$100k	2 Year Mini Jumbo Share Certificate
0.50%	$100k	-	18 Month Jumbo Share Certificate
0.45%	$1k	-	30 Month Share Certificate
0.45%	$100k	-	1 Year Jumbo Share Certificate
0.45%	$50k	$100k	18 Month Mini Jumbo Share Certificate
0.40%	$1k	-	2 Year Share Certificate
0.40%	$50k	$100k	1 Year Mini Jumbo Share Certificate
0.35%	$100k	-	6 Month Jumbo Share Certificate
0.30%	$100k	-	91 Day Jumbo Share Certificate
0.30%	$50k	$100k	6 Month Mini Jumbo Share Certificate
0.30%	$1k	-	18 Month Share Certificate
0.25%	$1k	-	1 Year Share Certificate
0.25%	$50k	$100k	91 Day Mini Jumbo Share Certificate
0.15%	$1k	-	6 Month Share Certificate
0.10%	$1k	-	91 Day Share Certificate

Union Square Credit Union IRA Rates

Apy	Min	Max	Product
1.55%	$100k	-	5 Year Jumbo IRA Certificate
1.55%	$100k	-	5 Year HSA Jumbo Certificate
1.50%	$1k	$100k	5 Year Mini Jumbo IRA Certificate
1.50%	$50k	$100k	5 Year HSA Mini Jumbo Certificate
1.35%	$1k	-	5 Year IRA Certificate
1.35%	$1k	-	5 Year HSA Certificate
1.10%	$100k	-	4 Year Jumbo IRA Certificate
1.10%	$100k	-	4 Year Jumbo HSA Certificate
1.05%	$1k	$100k	4 Year Mini Jumbo IRA Certificate
1.05%	$50k	$100k	4 Year Mini Jumbo HSA Certificate
0.90%	$1k	-	4 Year IRA Certificate
0.90%	$100k	-	3 Year Jumbo IRA Certificate
0.90%	$1k	-	4 Year HSA Certificate
0.90%	$100k	-	3 Year Jumbo HSA Certificate
0.85%	$1k	$100k	3 Year Mini Jumbo IRA Certificate
0.85%	$50k	$100k	3 Year Mini Jumbo HSA Certificate
0.75%	$100k	-	30 Month Jumbo IRA Certificate
0.75%	$100k	-	30 Month Jumbo HSA Certificate
0.70%	$1k	-	3 Year IRA Certificate
0.70%	$100k	-	2 Year Jumbo IRA Certificate
0.70%	$1k	$100k	30 Month Mini Jumbo IRA Certificate
0.70%	$1k	-	3 Year HSA Certificate
0.70%	$50k	$100k	30 Month Mini Jumbo HSA Certificate
0.70%	$100k	-	2 Year Jumbo HSA Certificate
0.65%	$1k	$100k	2 Year Mini Jumbo IRA Certificate
0.65%	$50k	$100k	2 Year Mini Jumbo HSA Certificate
0.60%	$100k	-	18 Month Jumbo IRA Certificate
0.60%	$100k	-	18 Month Jumbo HSA Certificate
0.55%	$1k	-	30 Month IRA Certificate
0.55%	$100k	-	1 Year Jumbo IRA Certificate
0.55%	$1k	$100k	18 Month Mini Jumbo IRA
0.55%	$1k	-	30 Month HSA Certificate
0.55%	$50k	$100k	18 Month Mini Jumbo HSA Certificate
0.55%	$100k	-	1 Year Jumbo HSA Certificate
0.50%	$1k	-	2 Year IRA Certificate
0.50%	$1k	$100k	1 Year Mini Jumbo IRA Certificate
0.50%	$1k	-	2 Year HSA Certificate
0.50%	$50k	-	1 Year Mini Jumbo HSA Certificate
0.45%	$100k	-	6 Month Jumbo IRA Certificate
0.45%	$100k	-	6 Month Jumbo HSA Certificate
0.40%	$1k	-	18 Month IRA Certificate
0.40%	$100k	-	91 Day Jumbo IRA Certificate
0.40%	$1k	$100k	6 Month Mini Jumbo IRA Certificate
0.40%	$1k	-	18 Month HSA Certificate
0.40%	$50k	$100k	6 Month Mini Jumbo HSA Certificate
0.40%	$100k	-	91 Day Jumbo HSA Certificate
0.35%	$1k	-	1 Year IRA Certificate
0.35%	$1k	$100k	91 Day Mini Jumbo IRA Certificate
0.35%	$1k	-	1 Year HSA Certificate
0.35%	$50k	$100k	91 Day Mini Jumbo HSA Certificate
0.25%	$1k	-	6 Month IRA Certificate
0.25%	$1k	-	6 Month HSA Certificate
0.20%	$1k	-	91 Day IRA Certificate
0.20%	$1k	-	91 Day HSA IRA Certificate

Rates updated: 5/27/2012

Data for Q4 2011

Institution Statistics

UNION SQUARE
NCUA #	11633
BankRate Report	View
Year Chartered	1957
Employees	91
Primary Regulator
Assets and Liabilities
Assets	$304.43 million
Loans	$189.87 million
Deposits	$264.55 million
Equity Capital	$34.79 million
Loan Loss Allowance	$769,000
Unbacked Noncurrent Loans	$1.64 million
Real Estate Owned	$223,000
Historic Data - December 2010
Assets	$275.04 million
Equity Capital	$33.81 million
Loan Loss Allowance	$848,000
Unbacked Noncurrent Loans	$1.12 million
Real Estate Owned	$245,000
Profit Margin - Quarterly
Net Interest Margin	4.56%
Return on Assets	0.39%
Return on Equity	3.42%
Interest Income	$11.78 million
Non-Interest Income	$4.02 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 Union Square Credit Union had $1.87 million in non-current loans and owned real-estate with $35.56 million in equity and loan loss allowances on hand to cover it. This gives Union Square Credit Union a Texas Ratio of 5.25% 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 Union Square Credit Union held steady from 3.93% as of December 31, 2010 to 5.25% as of December 31, 2011, resulting in a negative change of 33.45%. This indicates that the balance sheet and financial strength for Union Square Credit Union has held steady in recent periods.
Deposit Growth
In the past year, Union Square Credit Union has increased its total deposits by $27.77 million, resulting in 11.73% 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 Union Square 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. Union Square Credit Union has $304.42 million in assets with $35.56 million in equity, resulting in a capitalization level of 11.68%, which is above average.