Va Desert Pacific Credit Union

Va Desert Pacific Credit Union is headquartered in LONG BEACH and is the 200^th largest credit union in the state of California. It is also the 2,071^st largest credit union in the nation. It was established in 1947 and as of December of 2011, it had grown to 17 employees and 4,952 members. Va Desert Pacific Credit Union's savings rates are 44% higher than the national average, and it boasts a 5-star health rating.

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Va Desert Pacific Credit Union Savings Account Rates

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Data for Q4 2011

Institution Statistics VA DESERT PACIFIC NCUA # 5530 BankRate Report View Year Chartered 1947 Employees 17 Primary Regulator Assets and Liabilities Assets $57.17 million Loans $22.85 million Deposits $49.93 million Equity Capital $6.82 million Loan Loss Allowance $541,000 Unbacked Noncurrent Loans $151,000 Real Estate Owned $198,000 Historic Data - December 2010 Assets $54.85 million Equity Capital $5.48 million Loan Loss Allowance $714,000 Unbacked Noncurrent Loans $434,000 Profit Margin - Quarterly Net Interest Margin 6.35% Return on Assets 0.99% Return on Equity 8.32% Interest Income $2.49 million Non-Interest Income $858,000

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 Va Desert Pacific Credit Union had $349,000 in non-current loans and owned real-estate with $7.36 million in equity and loan loss allowances on hand to cover it. This gives Va Desert Pacific Credit Union a Texas Ratio of 4.74% 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 Va Desert Pacific Credit Union decreased slightly from 7.01% as of December 31, 2010 to 4.74% as of December 31, 2011, resulting in a positive change of 32.36%.This indicates that the balance sheet and financial strength for Va Desert Pacific Credit Union has improved slightly in recent periods. Deposit Growth In the past year, Va Desert Pacific Credit Union has increased its total deposits by $749,000, resulting in 1.52% 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 Va Desert Pacific Credit Union has shown is above average. 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. Va Desert Pacific Credit Union has $57.17 million in assets with $7.36 million in equity, resulting in a capitalization level of 12.87%, which is excellent.

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