United Methodist Credit Union

United Methodist Credit Union is headquartered in Montclair and is the 169^th largest credit union in the state of California. It is also the 1,693^rd largest credit union in the nation. It was established in 1948 and as of December of 2011, it had grown to 12 employees and 6,601 members. United Methodist Credit Union has a 4-star health rating.

United Methodist Credit Union Checking Account Rates

United Methodist Credit Union Savings Account Rates

United Methodist Credit Union Money Market Rates

United Methodist Credit Union CD Rates

United Methodist Credit Union IRA Rates

Data for Q4 2011

Institution Statistics UNITED METHODIST NCUA # 5816 BankRate Report View Year Chartered 1948 Employees 12 Primary Regulator Assets and Liabilities Assets $77.58 million Loans $35.28 million Deposits $72.13 million Equity Capital $5.37 million Loan Loss Allowance $678,000 Unbacked Noncurrent Loans $399,000 Historic Data - December 2010 Assets $78.39 million Equity Capital $5.14 million Loan Loss Allowance $559,000 Unbacked Noncurrent Loans $434,000 Real Estate Owned $85,000 Profit Margin - Quarterly Net Interest Margin 5.75% Return on Assets 0.29% Return on Equity 4.21% Interest Income $2.97 million Non-Interest Income $314,000

Institution Health Overall Score: 4 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 Methodist Credit Union had $399,000 in non-current loans and owned real-estate with $6.05 million in equity and loan loss allowances on hand to cover it. This gives United Methodist Credit Union a Texas Ratio of 6.60% 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 Methodist Credit Union decreased slightly from 9.10% as of December 31, 2010 to 6.60% as of December 31, 2011, resulting in a positive change of 27.51%.This indicates that the balance sheet and financial strength for United Methodist Credit Union has improved slightly in recent periods. Deposit Growth In the past year, United Methodist Credit Union has decreased its total deposits by -$1.03 million, resulting in -1.41% 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 Methodist Credit Union has shown is below average. 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 Methodist Credit Union has $77.58 million in assets with $6.05 million in equity, resulting in a capitalization level of 7.80%, which is below average.

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