Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
719-589-6535
910 Main St
Alamosa, CO 81101

Valley Educators Credit Union is headquartered in Alamosa and is the 78th largest credit union in the state of Colorado. It is also the 5,258th largest credit union in the nation. It was established in 1959 and as of March of 2014, it had grown to 4 employees and 1,082 members. Valley Educators Credit Union has a C- health rating.

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



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. Valley Educators Credit Union has a very low asset base.

Texas Ratio

GRADE:
C+

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 Valley Educators Credit Union had $114,000 in non-current loans and owned real-estate with $509,000 in equity and loan loss allowances on hand to cover it. This gives Valley Educators Credit Union a Texas Ratio of 22.40% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C-

The Texas Ratio for Valley Educators Credit Union increased slightly from 3.39% as of March 31, 2013 to 22.40% as of March 31, 2014, resulting in a negative change of 560.71%. This indicates that the balance sheet and financial strength for Valley Educators Credit Union has declined slightly in recent periods.

Deposit Growth

GRADE:
D

In the past year, Valley Educators Credit Union has decreased its total deposits by $-442,000, resulting in -8.71% 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 below average.

Capitalization

GRADE:
B+

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 $5.02 million in assets with $509,000 in equity, resulting in a capitalization level of 10.14%, which is above average.

Institution Statistics

Overall
NCUA #63468
Year Chartered1959
Employees4
Primary Regulator
Assets and Liabilities
Assets$5.02 million
Loans$2.96 million
Deposits$4.63 million
Equity Capital$377,000
Loan Loss Allowance$132,000
Unbacked Noncurrent Loans$114,000
Real Estate Owned$0
Historic Data - March 2013
Assets$5.47 million
Equity Capital$383,000
Loan Loss Allowance$89,000
Unbacked Noncurrent Loans$114,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin1.87%
Return on Assets0%
Return on Equity0%
Interest Income$57,000
Rates

Sorry, we do not have rate data for Valley Educators Credit Union

Locations


Valley Educators Credit Union Locations
Branch Office910 Main StAlamosa, CO 81101