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Overview / Commentary
800-232-9616
619 McKinley St Ste 101
Lafayette, LA 70503

University Of Louisiana Credit Union is headquartered in Lafayette and is the 42nd 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 March of 2014, it had grown to 17 employees and 7,143 members. University Of Louisiana Credit Union has a C+ 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 Q1 2014

Institution Health

C+
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 capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 University Of Louisiana Credit Union had $759,000 in non-current loans and owned real-estate with $4.09 million in equity and loan loss allowances on hand to cover it. This gives University Of Louisiana Credit Union a Texas Ratio of 18.55% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
B

The Texas Ratio for University Of Louisiana Credit Union decreased slightly from 21.40% as of March 31, 2013 to 18.55% as of March 31, 2014, resulting in a positive change of 13.32%.This indicates that the balance sheet and financial strength for University Of Louisiana Credit Union has improved slightly in recent periods.

Deposit Growth

GRADE:
B+

In the past year, University Of Louisiana Credit Union has increased its total deposits by $1.07 million, resulting in 2.66% 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 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. University Of Louisiana Credit Union has $45.32 million in assets with $4.09 million in equity, resulting in a capitalization level of 9.03%, which is average.

Institution Statistics

Overall
NCUA #12570
Year Chartered1958
Employees17
Primary Regulator
Assets and Liabilities
Assets$45.32 million
Loans$22.01 million
Deposits$41.39 million
Equity Capital$3.85 million
Loan Loss Allowance$241,000
Unbacked Noncurrent Loans$736,000
Real Estate Owned$23,000
Historic Data - March 2013
Assets$43.98 million
Equity Capital$3.57 million
Loan Loss Allowance$233,000
Unbacked Noncurrent Loans$736,000
Real Estate Owned$23,000
Profit Margin - Quarterly
Net Interest Margin1.53%
Return on Assets0.59%
Return on Equity6.96%
Interest Income$393,000
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
0.75%$500-36 Month IRA
0.70%$500-24 Month IRA
0.40%$500-12 Month IRA
0.25%$500-6 Month IRA
Locations


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