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Overview / Commentary
970-330-9728
2555 47th Ave
Greeley, CO 80634-3722

Weld Schools Credit Union is headquartered in Greeley and is the 40th largest credit union in the state of Colorado. It is also the 2,105th largest credit union in the nation. It was established in 1936 and as of March of 2014, it had grown to 17 employees and 6,017 members. Weld Schools Credit Union has a B+ health rating.

Field of Membership Restrictions

Must be an employee or student of Weld County Public Schools, Weld County Charter Schools, Dayspring Christian School, Shepherd of the Hills Lutheran School or Home Schools in Weld County. Also open to employees of Weld County BOCES and other select groups. - See Details

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Health

Data for Q1 2014

Institution Health

B+
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Weld Schools Credit Union has a relatively low asset base.

Texas Ratio

GRADE:
A+

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 Weld Schools Credit Union had $0 in non-current loans and owned real-estate with $5.14 million in equity and loan loss allowances on hand to cover it. This gives Weld Schools Credit Union a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Deposit Growth

GRADE:
A

In the past year, Weld Schools Credit Union has increased its total deposits by $1.89 million, resulting in 3.6% 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 Weld Schools Credit Union has shown is excellent.

Capitalization

GRADE:
C

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. Weld Schools Credit Union has $59.74 million in assets with $5.14 million in equity, resulting in a capitalization level of 8.60%, which is average.

Institution Statistics

Overall
NCUA #63122
Year Chartered1936
Employees17
Primary Regulator
Assets and Liabilities
Assets$59.74 million
Loans$24.64 million
Deposits$54.42 million
Equity Capital$4.95 million
Loan Loss Allowance$187,000
Real Estate Owned$0
Historic Data - March 2013
Assets$58.07 million
Equity Capital$4.78 million
Loan Loss Allowance$260,000
Unbacked Noncurrent Loans$0
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin1.26%
Return on Assets0.42%
Return on Equity5.09%
Interest Income$345,000
Rates

Always verify rates and promotions with the bank or credit union. We are not Weld Schools Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Weld Schools Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.01%-$50kShare Account
0.01%-$100kHoliday Club Account
0.01%-$50kVacation Club Account
0.01%-$50kIRA Shares
0.01%-$50kRoth IRA Shares
0.01%-$50kEducation IRA Shares
0.01%-$50kShare 52

Weld Schools Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.01%-$50kMoney Fund Account

Weld Schools Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.01%-$50ke-Checking
0.01%-$50kPremier 55 Checking

Weld Schools Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
0.30%$500-60 Month CD
0.30%$100-60 Month Safari Club CD
0.25%$500-48 Month CD
0.25%$100-48 Month Safari Club CD
0.20%$500-36 Month CD
0.20%$100-36 Month Safari Club CD
0.15%$500-24 Month CD
0.15%$500-30 Month CD
0.15%$100-24 Month Safari Club CD
0.15%$100-30 Month Safari Club CD
0.10%$500-12 Month CD
0.10%$500-18 Month CD
0.10%$100-12 Month Safari Club CD
0.10%$100-18 Month Safari Club CD
0.05%$500-3 Month CD
0.05%$500-6 Month CD
0.05%$100-3 Month Safari Club CD
0.05%$100-6 Month Safari Club CD

Weld Schools Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
0.30%$500-60 Month IRA
0.25%$500-48 Month IRA
0.20%$500-36 Month IRA
0.15%$500-24 Month IRA
0.15%$500-30 Month IRA
0.10%$500-12 Month IRA
0.10%$500-18 Month IRA
0.05%$500-3 Month IRA
0.05%$500-6 Month IRA
Locations


Weld Schools Credit Union Locations
Branch Office2555 47th AveGreeley, CO 80634-3722