Vons Employees Credit Union

Vons Employees Credit Union Locations
4455 Arden Dr.
El Monte, CA 91731
626.350.0893
www.vonscu.com

NCUA


Vons Employees Credit Union is headquartered in El Monte and is the 77th largest credit union in the state of California. It is also the 529th largest credit union in the nation. It was established in 1954 and as of December of 2012, it had grown to 96 employees and 41,485 members. Vons Employees Credit Union's CD rates are 11% higher than the national average, and it boasts a 5-star health rating.



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

Vons Employees Credit Union Checking Account Rates

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0.10%$5k-Share Draft

Vons Employees Credit Union Savings Account Rates

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0.20%$2,500-All Savings
0.20%$100-Super Savings

Vons Employees Credit Union Money Market Rates

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0.25%$1k-Money Market

Vons Employees Credit Union CD Rates

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1.90%$95k-60 Month Jumbo CD
1.40%$1k-60 Month Share Certificate
1.00%$95k-12 Month Jumbo Share Certificate
0.95%$50k-12 Month Jumbo Share Certificate
0.85%$1k-24 Month Share Certificate
0.85%$10k-6 Month Jumbo Share Certificate
0.55%$1k-18 Month Share Certificate
0.45%$1k-12 Month Share Certificate
0.30%$1k-6 Month Share Certificate

Vons Employees Credit Union IRA Rates

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1.90%$95k-60 Month Jumbo Traditional IRA
1.40%$1k$95k5 Year IRA
1.00%$95k-12 Month Jumbo Traditional IRA
0.85%$1k-2 Year IRA
0.55%$1k-18 Month IRA
0.45%$1k-12 Month IRA

Rates updated: 5/18/2013

Data for Q4 2012


Institution Statistics


VONS EMPLOYEES
NCUA #9230
BankRate ReportView
Year Chartered1954
Employees96
Primary Regulator

Assets and Liabilities

Assets$387.45 million
Loans$187.70 million
Deposits$301.24 million
Equity Capital$80.42 million
Loan Loss Allowance$4.79 million
Unbacked Noncurrent Loans$1.70 million

Historic Data - December 2011

Assets$370.86 million
Equity Capital$74.31 million
Loan Loss Allowance$4.57 million
Unbacked Noncurrent Loans$1.81 million

Profit Margin - Quarterly

Net Interest Margin6.19%
Return on Assets1.47%
Return on Equity7.07%
Interest Income$14.66 million
Non-Interest Income$9.66 million

Institution Health


Overall Score:
5 out of 5
5
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, 2012 Vons Employees Credit Union had $1.7 million in non-current loans and owned real-estate with $85.21 million in equity and loan loss allowances on hand to cover it. This gives Vons Employees Credit Union a Texas Ratio of 1.99% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend3
The Texas Ratio for Vons Employees Credit Union held steady from 2.30% as of December 31, 2011 to 1.99% as of December 31, 2012, resulting in a positive change of 13.30%.This indicates that the balance sheet and financial strength for Vons Employees Credit Union has held steady in recent periods.
Deposit Growth4
In the past year, Vons Employees Credit Union has increased its total deposits by $10.45 million, resulting in 3.59% 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 Vons Employees Credit Union has shown is above average.
Capitalization5
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. Vons Employees Credit Union has $387.45 million in assets with $85.21 million in equity, resulting in a capitalization level of 21.99%, which is excellent.
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