Vantage West Credit Union

Vantage West Credit Union is headquartered in TUCSON and is the 4^th largest credit union in the state of Arizona. It is also the 158^th largest credit union in the nation. It was established in 1955 and as of September of 2011, it had grown to 358 employees and 109,943 members. Vantage West Credit Union's savings rates are 3X the national average, and it has a 4-star health rating.

Vantage West Credit Union Routing Number: 322174708

Related Posts

Vantage West Credit Union Checking Account Rates

Vantage West Credit Union Savings Account Rates

Vantage West Credit Union CD Rates

Vantage West Credit Union IRA Rates

Data for Q3 2011

Institution Statistics VANTAGE WEST NCUA # 68558 BankRate Report View Year Established 1955 Employees 358 Primary Regulator Assets and Liabilities Assets $1.10 billion Loans $839.29 million Deposits $956.79 million Equity Capital $128.64 million Loan Loss Allowance $15.66 million Unbacked Noncurrent Loans $17.52 million Real Estate Owned $1.23 million Historic Data - September 2010 Assets $1.09 billion Equity Capital $120.23 million Loan Loss Allowance $15.78 million Unbacked Noncurrent Loans $16.48 million Real Estate Owned $1.54 million Profit Margin - Quarterly Net Interest Margin 4.59% Return on Assets 1.08% Return on Equity 9.2% Interest Income $44.06 million Non-Interest Income $10.35 million

Institution Health Overall Score: 4 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 September 30, 2011 Vantage West Credit Union had $18.75 million in non-current loans and owned real-estate with $144.29 million in equity and loan loss allowances on hand to cover it. This gives Vantage West Credit Union a Texas Ratio of 12.99% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Vantage West Credit Union held steady from 13.24% as of September 30, 2010 to 12.99% as of September 30, 2011, resulting in a positive change of 1.89%.This indicates that the balance sheet and financial strength for Vantage West Credit Union has held steady in recent periods. Deposit Growth In the past year, Vantage West Credit Union has increased its total deposits by $8.71 million, resulting in 0.92% 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 Vantage West 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. Vantage West Credit Union has $1.1 billion in assets with $144.29 million in equity, resulting in a capitalization level of 13.13%, which is excellent.

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