PO Box 512718
Los Angeles, CA 900510718
www.usccreditunion.org



USC Credit Union is headquartered in Los Angeles and is the 79th largest credit union in the state of California. It is also the 556th largest credit union in the nation. It was established in 1973 and as of December of 2011, it had grown to 59 employees and 57,975 members. USC Credit Union has a 4-star health rating.



See Rates for: Savings | Money Market | CD | IRA

USC Credit Union Savings Account Rates

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0.15%$25-Regular Share
0.15%$25-Club Rates
0.15%$1k-IRA
0.15%--Business Savings Rates

USC Credit Union Money Market Rates

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0.40%$100k-Money Market Rates
0.40%$10k-Value+ Money Market Rates
0.25%$25k-Business Money Market Account

USC Credit Union CD Rates

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1.45%$1k-60 Month CD
1.20%$1k-48 Month CD
1.00%$1k-36 Month CD
0.75%$1k-24 Month CD
0.55%$1k-12 Month CD
0.40%$1k-6 Month CD
0.30%$1k-3 Month CD

USC Credit Union IRA Rates

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1.45%$1k-60 Month IRA
1.20%$1k-48 Month IRA
1.00%$1k-36 Month IRA
0.75%$1k-24 Month IRA
0.55%$1k-12 Month IRA

Rates updated: 5/27/2012

Data for Q4 2011


Institution Statistics


USC
NCUA #68459
BankRate ReportView
Year Chartered1973
Employees59
Primary Regulator

Assets and Liabilities

Assets$349.16 million
Loans$289.45 million
Deposits$315.17 million
Equity Capital$25.76 million
Loan Loss Allowance$2.53 million
Unbacked Noncurrent Loans$2.95 million

Historic Data - December 2010

Assets$328.97 million
Equity Capital$24.77 million
Loan Loss Allowance$2.55 million
Unbacked Noncurrent Loans$2.68 million

Profit Margin - Quarterly

Net Interest Margin3.69%
Return on Assets0.28%
Return on Equity3.83%
Interest Income$10.84 million
Non-Interest Income$3.76 million

Institution Health


Overall Score:
4 out of 5
4
Texas Ratio4
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 USC Credit Union had $2.95 million in non-current loans and owned real-estate with $28.29 million in equity and loan loss allowances on hand to cover it. This gives USC Credit Union a Texas Ratio of 10.41% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend3
The Texas Ratio for USC Credit Union held steady from 9.81% as of December 31, 2010 to 10.41% as of December 31, 2011, resulting in a negative change of 6.14%. This indicates that the balance sheet and financial strength for USC Credit Union has held steady in recent periods.
Deposit Growth5
In the past year, USC Credit Union has increased its total deposits by $22.6 million, resulting in 7.72% 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 USC Credit Union has shown is excellent.
Capitalization3
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. USC Credit Union has $349.16 million in assets with $28.29 million in equity, resulting in a capitalization level of 8.10%, which is average.
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