United Association Credit Union

United Association Credit Union is headquartered in CONCORD and is the 372^nd largest credit union in the state of California. It is also the 5,512^st largest credit union in the nation. It was established in 1957 and as of December of 2011, it had grown to 2 employees and 1,154 members. United Association Credit Union has a 5-star health rating.

United Association Credit Union Routing Number: 321174372

United Association Credit Union Savings Account Rates

Data for Q4 2011

Institution Statistics UNITED ASSOCIATION NCUA # 65155 BankRate Report View Year Chartered 1957 Employees 2 Primary Regulator Assets and Liabilities Assets $5.06 million Loans $1.54 million Deposits $4.34 million Equity Capital $713,000 Loan Loss Allowance $7,000 Unbacked Noncurrent Loans $24,000 Historic Data - December 2010 Assets $4.29 million Equity Capital $696,000 Loan Loss Allowance $5,000 Unbacked Noncurrent Loans $14,000 Profit Margin - Quarterly Net Interest Margin 7.36% Return on Assets 0.32% Return on Equity 2.24% Interest Income $159,000 Non-Interest Income $167,000

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 United Association Credit Union had $24,000 in non-current loans and owned real-estate with $720,000 in equity and loan loss allowances on hand to cover it. This gives United Association Credit Union a Texas Ratio of 3.33% 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 United Association Credit Union held steady from 2.00% as of December 31, 2010 to 3.33% as of December 31, 2011, resulting in a negative change of 66.90%. This indicates that the balance sheet and financial strength for United Association Credit Union has held steady in recent periods. Deposit Growth In the past year, United Association Credit Union has increased its total deposits by $749,000, resulting in 20.86% 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 United Association 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. United Association Credit Union has $5.06 million in assets with $720,000 in equity, resulting in a capitalization level of 14.24%, which is excellent.

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