UT Federal Credit Union

2100 White Avenue
Knoxville, TN 37916
(800) 264-1971
www.utfcu.org

OverView
Rates
Health
Reviews

UT Federal Credit Union is headquartered in KNOXVILLE and is the 18^st largest credit union in the state of Tennessee. It is also the 870^th largest credit union in the nation. It was established in 1969 and as of December of 2011, it had grown to 71 employees and 22,345 members. UT Federal Credit Union's savings rates are 2X the national average, and it boasts a 5-star health rating.

UT Federal Credit Union Routing Number: 264279800

4.25% 7-Month CD at UT Federal Credit Union in Tennessee - 10/13/2008

UT Federal Credit Union is offering a special 4.25% APY 7-month certificate. The minimum deposit is $2,500.Membership is open to anyone who lives, works, regularly conducts business, worships, or attends school in Knox, Anderson, Blount, Loudon or Union...

Report an Issue

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

UT Federal Credit Union Checking Account Rates

Apy	Min	Max	Product
0.05%	-	-	Deluxe Share Draft
0.05%	-	-	Generations Gold Share Draft

UT Federal Credit Union Savings Account Rates

Apy	Min	Max	Product
1.25%	$10k	-	Health Savings
1.00%	-	-	Youth Shares
0.50%	-	-	Holiday Club
0.35%	-	-	Cumulative IRA
0.35%	-	-	Cumulative Roth IRA
0.10%	-	-	Regular Shares

UT Federal Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.25%	$50k	-	Money Market

UT Federal Credit Union CD Rates

Apy	Min	Max	Product
1.20%	$25k	-	48 Month CD
1.00%	$25k	-	36 Month CD
0.80%	$25k	-	30 Month CD
0.70%	$25k	-	24 Month CD
0.60%	$25k	-	18 Month CD
0.50%	$25k	-	12 Month CD
0.35%	$25k	-	6 Month CD
0.25%	$25k	-	3 Month CD

UT Federal Credit Union IRA Rates

Apy	Min	Max	Product
1.20%	$25k	-	48 Month IRA
1.20%	$25k	-	48 Month Roth IRA
1.00%	$25k	-	36 Month IRA
1.00%	$25k	-	36 Month Roth IRA
0.80%	$25k	-	30 Month IRA
0.80%	$25k	-	30 Month Roth IRA
0.70%	$25k	-	24 Month IRA
0.70%	$25k	-	24 Month Roth IRA
0.60%	$25k	-	18 Month IRA
0.60%	$25k	-	18 Month Roth IRA
0.50%	$25k	-	12 Month IRA
0.50%	$25k	-	12 Month Roth IRA
0.35%	$25k	-	6 Month IRA
0.35%	$25k	-	6 Month Roth IRA
0.25%	$25k	-	3 Month IRA
0.25%	$25k	-	3 Month Roth IRA

Rates updated: 5/27/2012

Data for Q4 2011

Institution Statistics

U. T.
NCUA #	19448
BankRate Report	View
Year Chartered	1969
Employees	71
Primary Regulator
Assets and Liabilities
Assets	$196.27 million
Loans	$126.76 million
Deposits	$179.13 million
Equity Capital	$15.57 million
Loan Loss Allowance	$760,000
Unbacked Noncurrent Loans	$338,000
Historic Data - December 2010
Assets	$178.47 million
Equity Capital	$14.98 million
Loan Loss Allowance	$916,000
Unbacked Noncurrent Loans	$734,000
Profit Margin - Quarterly
Net Interest Margin	4.41%
Return on Assets	0.23%
Return on Equity	2.94%
Interest Income	$6.94 million
Non-Interest Income	$2.42 million

Institution Health

Overall Score:

5 out of 5

Texas Ratio
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 UT Federal Credit Union had $338,000 in non-current loans and owned real-estate with $16.33 million in equity and loan loss allowances on hand to cover it. This gives UT Federal Credit Union a Texas Ratio of 2.07% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for UT Federal Credit Union decreased significantly from 4.62% as of December 31, 2010 to 2.07% as of December 31, 2011, resulting in a positive change of 55.17%.This indicates that the balance sheet and financial strength for UT Federal Credit Union has improved significantly in recent periods.
Deposit Growth
In the past year, UT Federal Credit Union has increased its total deposits by $19.12 million, resulting in 11.95% 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 UT Federal Credit Union has shown is excellent.
Capitalization
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. UT Federal Credit Union has $196.27 million in assets with $16.33 million in equity, resulting in a capitalization level of 8.32%, which is average.