Valley Educators Credit Union

Valley Educators Credit Union is headquartered in Alamosa and is the 77^th largest credit union in the state of Colorado. It is also the 5,356^th largest credit union in the nation. It was established in 1959 and as of December of 2011, it had grown to 4 employees and 1,086 members. Valley Educators Credit Union has a 3-star health rating.

Valley Educators Credit Union Routing Number: 302174317

Data for Q4 2011

Institution Statistics VALLEY EDUCATORS NCUA # 63468 BankRate Report View Year Chartered 1959 Employees 4 Primary Regulator Assets and Liabilities Assets $5.81 million Loans $2.65 million Deposits $5.44 million Equity Capital $356,000 Loan Loss Allowance $130,000 Unbacked Noncurrent Loans $235,000 Historic Data - December 2010 Assets $5.96 million Equity Capital $519,000 Loan Loss Allowance $115,000 Unbacked Noncurrent Loans $232,000 Real Estate Owned $54,000 Profit Margin - Quarterly Net Interest Margin 9.73% Return on Assets -2.79% Return on Equity -45.51% Interest Income $280,000 Non-Interest Income $66,000

Institution Health Overall Score: 3 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 Valley Educators Credit Union had $235,000 in non-current loans and owned real-estate with $486,000 in equity and loan loss allowances on hand to cover it. This gives Valley Educators Credit Union a Texas Ratio of 48.35% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Valley Educators Credit Union held steady from 45.11% as of December 31, 2010 to 48.35% as of December 31, 2011, resulting in a negative change of 7.19%. This indicates that the balance sheet and financial strength for Valley Educators Credit Union has held steady in recent periods. Deposit Growth In the past year, Valley Educators Credit Union has increased its total deposits by $14,000, resulting in 0.26% 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 Valley Educators Credit Union has shown is 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. Valley Educators Credit Union has $5.81 million in assets with $486,000 in equity, resulting in a capitalization level of 8.37%, which is average.

No reviews have been left for this bank yet. Be the first to review.