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Overview / Commentary
800-232-9616
P.O. Box 42970
Lafayette, LA 70504

University Of Louisiana Credit Union is headquartered in LAFAYETTE and is the 41st largest credit union in the state of Louisiana. It is also the 2,425th largest credit union in the nation. It was established in 1958 and as of December of 2013, it had grown to 17 employees and 8,228 members. University Of Louisiana Credit Union has a B health rating.

Field of Membership Restrictions

Must be an employee, graduate assistant or student of the University of Louisiana. - 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. University Of Louisiana Credit Union has a low asset base.

Texas Ratio

GRADE:
B+

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 University Of Louisiana Credit Union had $566,000 in non-current loans and owned real-estate with $4.02 million in equity and loan loss allowances on hand to cover it. This gives University Of Louisiana Credit Union a Texas Ratio of 14.09% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A

The Texas Ratio for University Of Louisiana Credit Union decreased dramatically from 23.32% as of December 31, 2012 to 14.09% as of December 31, 2013, resulting in a positive change of 39.57%.This indicates that the balance sheet and financial strength for University Of Louisiana Credit Union has improved dramatically in recent periods.

Deposit Growth

GRADE:
A

In the past year, University Of Louisiana Credit Union has increased its total deposits by $1.52 million, resulting in 3.92% 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 University Of Louisiana Credit Union has shown is excellent.

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. University Of Louisiana Credit Union has $44.25 million in assets with $4.02 million in equity, resulting in a capitalization level of 9.08%, which is average.

Institution Statistics

Overall
NCUA #12570
Year Chartered1958
Employees17
Primary Regulator
Assets and Liabilities
Assets$44.25 million
Loans$21.76 million
Deposits$40.38 million
Equity Capital$3.78 million
Loan Loss Allowance$233,000
Unbacked Noncurrent Loans$543,000
Real Estate Owned$23,000
Historic Data - December 2012
Assets$42.59 million
Equity Capital$3.64 million
Loan Loss Allowance$211,000
Unbacked Noncurrent Loans$543,000
Real Estate Owned$23,000
Profit Margin - Quarterly
Net Interest Margin6.22%
Return on Assets-0.12%
Return on Equity-1.45%
Interest Income$1.58 million
Rates
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University Of Louisiana Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.30%--IRA Share Account
0.25%$25k-Super Share
0.11%$100-Regular Share
0.11%$100-Christmas Club Share
0.11%$100-Vacation Club Share

University Of Louisiana Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.05%$1k-Regular Checking Account

University Of Louisiana Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
0.85%$500-60 Month CD
0.75%$500-36 Month CD
0.70%$500-24 Month CD
0.40%$500-12 Month CD
0.25%$500-6 Month CD

University Of Louisiana Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
0.85%$500-60 Month IRA (Traditional,Roth,CESA)
0.75%$500-36 Month IRA (Traditional,Roth,CESA)
0.70%$500-24 Month IRA (Traditional,Roth,CESA)
0.40%$500-12 Month IRA (Traditional,Roth,CESA)
0.25%$500-6 Month IRA (Traditional,Roth,CESA)
Locations


University Of Louisiana Credit Union Locations
Branch Office619 McKinley St Ste 101Lafayette, LA 70503