Ventura County Credit Union

PO Box 6920, 6026 Telephone Road
Ventura, CA 930066920
www.vccuonline.net

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Ventura County Credit Union is headquartered in Ventura and is the 59^th largest credit union in the state of California. It is also the 345^th largest credit union in the nation. It was established in 1950 and as of December of 2011, it had grown to 98 employees and 54,459 members. Ventura County Credit Union has a 5-star health rating.

Ventura County Credit Union Routing Number: 322283505

10% 12-Month CD at a California CU - $1K Max (Ventura County) - 7/27/2007

Ventura County Credit Union is offering a special called the TGI Tuesday Certificate. It's a 10% APY 12-month certificate with a $25 minimum and a $1,000 maximum deposit. The deposit must be money new to the credit union. The offer ends on July 31...

7.70% 7-Month CD at a California CU - $15K Max (Ventura County) - 3/4/2007

Ventura County Credit Union is offering a special called the Super Seven Certificate. It's a 7.70% APY 7-month certificate with a $1,000 minimum and a $15,000 maximum deposit. The offer requires a new checking account with a starting balance of at least...

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

Ventura County Credit Union Checking Account Rates

	Apy	Min	Max	Product
	0.00%	-	-	Checking Account

Ventura County Credit Union Savings Account Rates

Apy	Min	Max	Product
0.40%	-	-	Get Fit Savings Plan Account
0.40%	-	$1k	Get Fit IRA Savings Account
0.25%	$1k	-	Traditional IRA
0.25%	$1k	-	Roth IRA
0.25%	$1k	-	SEP IRA
0.25%	$1k	-	Coverdell Education Savings
0.25%	$25	-	Holiday Club Account
0.15%	$25	-	Savings Account

Ventura County Credit Union Money Market Rates

Apy	Min	Max	Product
0.40%	$100k	-	Money Market Maximizer Account
0.35%	$50k	-	Money Market Access Account

Ventura County Credit Union CD Rates

Apy	Min	Max	Product
1.80%	$1k	-	60 Month CD
1.50%	$1k	-	48 Month CD
1.20%	$1k	-	36 Month CD
0.80%	$1k	-	24 Month CD
0.70%	$5k	-	24 Month Jump-Up CD
0.60%	$500	-	6 Month Get Fit Basic CD
0.60%	$2,500	-	6 Month Get Fit Plus CD
0.55%	$1k	-	12 Month CD
0.45%	$5k	-	18 Month Jump-Up CD
0.35%	$1k	-	6 Month CD
0.20%	$10k	-	3 Month CD

Ventura County Credit Union IRA Rates

Apy	Min	Max	Product
1.80%	$1k	-	5 Year IRA
1.80%	$1k	-	5 Year Roth IRA
1.80%	$1k	-	5 Year SEP IRA
1.80%	$1k	-	5 Year CESA
1.50%	$1k	-	4 Year IRA
1.50%	$1k	-	4 Year Roth IRA
1.50%	$1k	-	4 Year SEP IRA
1.50%	$1k	-	4 Year CESA
1.20%	$1k	-	3 Year IRA
1.20%	$1k	-	3 Year Roth IRA
1.20%	$1k	-	3 Year SEP IRA
1.20%	$1k	-	3 Year CESA
0.80%	$1k	-	2 Year IRA
0.80%	$1k	-	2 Year Roth IRA
0.80%	$1k	-	2 Year SEP IRA
0.80%	$1k	-	2 Year CESA
0.80%	$1k	-	1 Year Get Fit IRA
0.70%	$1k	-	24 Month Jump Up CESA
0.70%	$1k	-	24 Month Jump Up IRA
0.70%	$1k	-	24 Month Jump Up Roth IRA
0.70%	$1k	-	24 Month Jump Up SEP IRA
0.55%	$1k	-	1 Year IRA
0.55%	$1k	-	1 Year Roth IRA
0.55%	$1k	-	1 Year SEP IRA
0.55%	$1k	-	1 Year CESA
0.45%	$1k	-	18 Month Jump Up CESA
0.45%	$1k	-	18 Month Jump Up IRA
0.45%	$1k	-	18 Month Jump Up Roth IRA
0.45%	$1k	-	18 Month Jump Up SEP IRA

Rates updated: 5/27/2012

Data for Q4 2011

Institution Statistics

VENTURA COUNTY
NCUA #	68458
BankRate Report	View
Year Chartered	1950
Employees	98
Primary Regulator
Assets and Liabilities
Assets	$566.92 million
Loans	$258.03 million
Deposits	$515.72 million
Equity Capital	$46.66 million
Loan Loss Allowance	$4.25 million
Unbacked Noncurrent Loans	$2.46 million
Historic Data - December 2010
Assets	$509.48 million
Equity Capital	$41.15 million
Loan Loss Allowance	$4.43 million
Unbacked Noncurrent Loans	$2.88 million
Real Estate Owned	$179,000
Profit Margin - Quarterly
Net Interest Margin	5.34%
Return on Assets	0.89%
Return on Equity	10.79%
Interest Income	$20.38 million
Non-Interest Income	$7.96 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 Ventura County Credit Union had $2.46 million in non-current loans and owned real-estate with $50.91 million in equity and loan loss allowances on hand to cover it. This gives Ventura County Credit Union a Texas Ratio of 4.83% 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 Ventura County Credit Union decreased slightly from 6.71% as of December 31, 2010 to 4.83% as of December 31, 2011, resulting in a positive change of 28.04%.This indicates that the balance sheet and financial strength for Ventura County Credit Union has improved slightly in recent periods.
Deposit Growth
In the past year, Ventura County Credit Union has increased its total deposits by $50.05 million, resulting in 10.75% 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 Ventura County 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. Ventura County Credit Union has $566.92 million in assets with $50.91 million in equity, resulting in a capitalization level of 8.98%, which is average.