Visterra Credit Union

Visterra Credit Union Locations
P.O. Box 9500
Moreno Valley, CA 92552
www.visterracu.org



Visterra Credit Union is headquartered in MORENO VALLEY and is the 89th largest credit union in the state of California. It is also the 595th largest credit union in the nation. It was established in 1953 and as of December of 2011, it had grown to 111 employees and 31,999 members. Visterra Credit Union has a 4-star health rating.

Visterra Credit Union Routing Number: 322271038

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

Visterra Credit Union Checking Account Rates

ApyMinMaxProduct
0.15%$100k-Vantage Checking Account
0.05%$50-Premium Checking Account

Visterra Credit Union Savings Account Rates

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0.10%$50-Regular Saving Account
0.10%$25-Holiday Saver Account
0.10%--Youth Account
0.10%$100-IRA Accumulator Account

Visterra Credit Union Money Market Rates

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0.25%$500k-Vantage Money Market Checking Account
0.15%$100k-Money Market Daily Share Account

Visterra Credit Union CD Rates

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1.50%$2k-60 Month CD
1.30%$2k-60 Month Bump Rate CD
1.10%$2k-48 - 59 Month CD
0.80%$2k-36 - 47 Month CD
0.55%$2k-24 - 35 Month CD
0.45%$2k-18 - 23 Month CD
0.45%$2k-25 Month Bump Rate CD
0.35%$2k-12 - 17 Month CD
0.30%$2k-6 - 11 Month CD
0.25%$2k-15 Month Bump Rate CD

Rates updated: 5/27/2012

Data for Q4 2011


Institution Statistics


VISTERRA
NCUA #68390
BankRate ReportView
Year Chartered1953
Employees111
Primary Regulator

Assets and Liabilities

Assets$329.78 million
Loans$208.86 million
Deposits$304.06 million
Equity Capital$21.90 million
Loan Loss Allowance$9.90 million
Unbacked Noncurrent Loans$1.29 million
Real Estate Owned$702,000

Historic Data - December 2010

Assets$362.26 million
Equity Capital$19.94 million
Loan Loss Allowance$13.03 million
Unbacked Noncurrent Loans$5.09 million
Real Estate Owned$1.20 million

Profit Margin - Quarterly

Net Interest Margin5.41%
Return on Assets0.59%
Return on Equity8.95%
Interest Income$13.22 million
Non-Interest Income$5.56 million

Institution Health


Overall Score:
4 out of 5
4
Texas Ratio5
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 Visterra Credit Union had $1.99 million in non-current loans and owned real-estate with $31.8 million in equity and loan loss allowances on hand to cover it. This gives Visterra Credit Union a Texas Ratio of 6.26% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend5
The Texas Ratio for Visterra Credit Union decreased significantly from 19.07% as of December 31, 2010 to 6.26% as of December 31, 2011, resulting in a positive change of 67.15%.This indicates that the balance sheet and financial strength for Visterra Credit Union has improved significantly in recent periods.
Deposit Growth1
In the past year, Visterra Credit Union has decreased its total deposits by -$35.75 million, resulting in -10.52% 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 Visterra Credit Union has shown is poor.
Capitalization3
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. Visterra Credit Union has $329.78 million in assets with $31.8 million in equity, resulting in a capitalization level of 9.64%, which is average.
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