Unitus Community Credit Union is headquartered in Portland and is the 5th largest credit union in the state of Oregon. It is also the 240th largest credit union in the nation. It was established in 1937 and as of March of 2014, it had grown to 215 employees and 84,640 members. Unitus Community Credit Union's savings rates are 5X the national average, and it has a B+ health rating.
Must live or work in Multnomah, Washington, Clackamas, Marion, Polk, Yamhill or Clark County. - See Details
I love this bank. Everyone is friendly and they make it easy to do business with them.
I recently opened a new account here and was very pleased with my experience. I was able to open and fund the account online with ease. Within a week I had my debit card and was ready to roll. They have a great mobile app with full features, and many conveniently placed ATM'S. If you need to bank in person they have a friendly and knowledgeable staff with great amenities, such as free coffee, complementary computer, TV and quite the array of magazines if there happens to be a wait (which is rare).
I'm having a great time with Unitus and highly recommend this credit union.
The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Unitus Community Credit Union had $1.85 million in non-current loans and owned real-estate with $89.71 million in equity and loan loss allowances on hand to cover it. This gives Unitus Community Credit Union a Texas Ratio of 2.06% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
The Texas Ratio for Unitus Community Credit Union experienced no significant changes from 1.79% as of March 31, 2013 to 2.06% as of March 31, 2014, resulting in a negative change of 15.16%. This indicates that the balance sheet and financial strength for Unitus Community Credit Union has had no significant changes in recent periods.
In the past year, Unitus Community Credit Union has decreased its total deposits by -$2.11 million, resulting in -0.25% 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 Unitus Community Credit Union has shown is average.
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. Unitus Community Credit Union has $938.54 million in assets with $89.71 million in equity, resulting in a capitalization level of 9.56%, which is above average.
|Assets and Liabilities|
|Equity Capital||$85.05 million|
|Loan Loss Allowance||$4.66 million|
|Unbacked Noncurrent Loans||$1.73 million|
|Real Estate Owned||$119,000|
|Historic Data - March 2013|
|Equity Capital||$86.60 million|
|Loan Loss Allowance||$4.49 million|
|Unbacked Noncurrent Loans||$1.73 million|
|Real Estate Owned||$116,000|
|Profit Margin - Quarterly|
|Net Interest Margin||1.03%|
|Return on Assets||0.35%|
|Return on Equity||3.81%|
|Interest Income||$7.00 million|
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|2.50%||$50k||-||Health Savings Account (HSA) Checking|
|0.10%||$25k||-||Personal Prime Share|
|0.10%||$25k||-||Business Prime Share Savings|
|0.10%||$25k||-||IRA Savings Account|
|0.10%||$25k||-||Health Savings Account|
|0.15%||$25k||-||Personal Money Market|
|0.15%||$25k||-||Business Money Market|
|0.10%||$25k||-||Business Interest Checking|
|0.05%||-||-||Unitus Reward Checking|
|0.90%||$50k||-||60 Month CD|
|0.90%||$50k||-||60 Month Optima Club CD|
|0.70%||$50k||-||48 Month CD|
|0.60%||$50k||-||36 Month CD|
|0.45%||$50k||-||24 Month CD|
|0.30%||$50k||-||18 Month CD|
|0.25%||$50k||-||12 Month CD|
|0.20%||$50k||-||6 Month CD|
|0.90%||$50k||-||60 Month IRA|
|0.90%||$50k||-||60 Month Optima Club IRA|
|0.70%||$50k||-||48 Month IRA|
|0.60%||$50k||-||36 Month IRA|
|0.45%||$50k||-||24 Month IRA|
|0.30%||$50k||-||18 Month IRA|
|0.25%||$50k||-||12 Month IRA|
|0.20%||$50k||-||6 Month IRA|
|Unitus Community Credit Union Locations|
|Branch Office||3820 Market St NE||Salem, OR 97301-1830|
|Branch Office||1300 SW 6th Ave||Portland, OR 97201-3464|
|Branch Office||11200 SW Barnes Rd||Portland, OR 97225|
|Branch Office||9200 SE 82nd Ave||Clackamas, OR 97086-3642|
|Branch Office||1855 NW 188th Ave||Hillsboro, OR 97006-6485|
|Branch Office||800 SE 192nd Ave||Vancouver, WA 98683-9510|
|Branch Office||10580 SW Beaverton Hillsdale Hwy||Beaverton, OR 97005-3111|
|Branch Office||1052 SE 96th Ave||Portland, OR 97216|