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Overview / Commentary
800-245-0433
9040 Benson Ave
Montclair, CA 91763

United Methodist Credit Union is headquartered in MONTCLAIR and is the 158th largest credit union in the state of California. It is also the 1,661st largest credit union in the nation. It was established in 1948 and as of December of 2013, it had grown to 15 employees and 6,444 members. United Methodist Credit Union has a B+ health rating.

Field of Membership Restrictions

Must be a member of a church, clergy, staff or lay member in the California-Pacific Conference, Desert Southwest Conference, California-Nevada Conference, Pacific-Northwest Conference, Oregon-Idaho Conference, Rocky Mountain Conference, Yellowstone Conference, New England Conference, Missouri Conference, the Alaska Missionary Conference of the United Methodist Church or the Arizona Episcopal Diocese. - See Details

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Health

Data for Q4 2013

Institution Health

B+
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. United Methodist Credit Union has a relatively low asset base.

Texas Ratio

GRADE:
A+

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, 2013 United Methodist Credit Union had $412,000 in non-current loans and owned real-estate with $6.43 million in equity and loan loss allowances on hand to cover it. This gives United Methodist Credit Union a Texas Ratio of 6.41% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A

The Texas Ratio for United Methodist Credit Union decreased dramatically from 9.91% as of December 31, 2012 to 6.41% as of December 31, 2013, resulting in a positive change of 35.38%.This indicates that the balance sheet and financial strength for United Methodist Credit Union has improved dramatically in recent periods.

Deposit Growth

GRADE:
B+

In the past year, United Methodist Credit Union has increased its total deposits by $1.51 million, resulting in 1.97% 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 above average.

Capitalization

GRADE:
C-

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 $84.37 million in assets with $6.43 million in equity, resulting in a capitalization level of 7.62%, which is below average.

Institution Statistics

Overall
NCUA #5816
Year Chartered1948
Employees15
Primary Regulator
Assets and Liabilities
Assets$84.37 million
Loans$33.63 million
Deposits$78.17 million
Equity Capital$6.07 million
Loan Loss Allowance$365,000
Unbacked Noncurrent Loans$412,000
Real Estate Owned$0
Historic Data - December 2012
Assets$82.40 million
Equity Capital$5.58 million
Loan Loss Allowance$520,000
Unbacked Noncurrent Loans$412,000
Real Estate Owned$82,000
Profit Margin - Quarterly
Net Interest Margin5.13%
Return on Assets0.57%
Return on Equity7.96%
Interest Income$2.37 million
Rates

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United Methodist Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.15%--Christmas Club
0.10%--Youth Share Account
0.10%--Traditional IRA
0.10%--Roth IRA
0.05%$100-Regular Share
0.05%$100-Special Share

United Methodist Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.10%$2k-Money Market Multiplier

United Methodist Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.05%$400-Premium Checking
0.05%--Golden Checking
0.05%$500-Corporate Checking

United Methodist Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.21%$1k-60 Month CD
0.70%$1k-36 Month CD
0.50%$1k-24 Month CD
0.35%$1k-12 Month CD
0.15%$1k-6 Month CD

United Methodist Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.21%$2,500-60 Month IRA (Traditional,Roth)
0.50%$1k-24 Month IRA (Traditional,Roth)
Locations


United Methodist Credit Union Locations
Branch Office1276 Halyard DrWest Sacramento, CA 95691
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Branch Office9040 Benson AveMontclair, CA 91763
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