8100 West Reno Avenue
Oklahoma City, OK 73127
1-800-678-5363
www.weokie.org



Weokie Credit Union is headquartered in Oklahoma City and is the 4th largest credit union in the state of Oklahoma. It is also the 239th largest credit union in the nation. It was established in 1969 and as of December of 2011, it had grown to 168 employees and 51,196 members. Weokie Credit Union's savings rates are 35% higher than the national average, and it boasts a 5-star health rating.

Weokie Credit Union Routing Number: 303085638

Related Posts

Top Mid-Term CD Rates at Weokie Credit Union in Oklahoma - Local Only - 1/6/2012

Weokie Credit Union is offering very competitive rates on its mid-term CDs and IRA CDs. The best ones are a 1.61% APY 2-year CD and a 2.02% APY 3-year CD. Minimum deposit is $100,000. Rates are 10 bas ...



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

Weokie Credit Union Checking Account Rates

ApyMinMaxProduct
2.50%-$25kUltimate Checking - Qualifying
0.20%$20-Checking
0.20%$20-Select Checking

Weokie Credit Union Savings Account Rates

ApyMinMaxProduct
0.70%$25k-Silver Savings
0.40%--IRA Savings
0.40%--Roth IRA Savings
0.25%$25-Membership Savings
0.25%--Special Savings
0.25%--Smart Savers

Weokie Credit Union Money Market Rates

ApyMinMaxProduct
0.40%$2,500-Money Market

Weokie Credit Union CD Rates

ApyMinMaxProduct
1.92%$100k-48 Month Certificate
1.92%$100k-60 Month Certificate
1.81%--48 Month Serious Savings Certificate
1.81%--60 Month Serious Savings Certificate
1.71%$100k-36 Month Certificate
1.61%--36 Month Serious Savings Certificate
1.31%$100k-24 Month Certificate
1.31%$100k-30 Month Certificate
1.21%--24 Month Serious Savings Certificate
1.21%--30 Month Serious Savings Certificate
0.90%$100k-12 Month Certificate
0.80%--12 Month Serious Savings Certificate
0.75%$100k-6 Month Certificate
0.50%$100k-3 Month Certificate

Weokie Credit Union IRA Rates

ApyMinMaxProduct
1.92%$100k-48 Month Certificate IRA
1.92%$100k-60 Month Certificate IRA
1.92%$100k-48 Month Certificate Roth IRA
1.92%$100k-60 Month Certificate Roth IRA
1.71%$100k-36 Month Certificate IRA
1.71%$100k-36 Month Certificate Roth IRA
1.31%$100k-24 Month Certificate IRA
1.31%$100k-30 Month Certificate IRA
1.31%$100k-24 Month Certificate Roth IRA
1.31%$100k-30 Month Certificate Roth IRA
0.90%$100k-12 Month Certificate IRA
0.90%$100k-12 Month Certificate Roth IRA
0.75%$100k-6 Month Certificate IRA
0.75%$100k-6 Month Certificate Roth IRA
0.50%$100k-3 Month Certificate IRA
0.50%$100k-3 Month Certificate Roth IRA

Rates updated: 5/27/2012

Data for Q4 2011


Institution Statistics


WEOKIE
NCUA #60380
BankRate ReportView
Year Chartered1969
Employees168
Primary Regulator

Assets and Liabilities

Assets$801.63 million
Loans$361.86 million
Deposits$637.26 million
Equity Capital$82.11 million
Loan Loss Allowance$4.31 million
Unbacked Noncurrent Loans$1.80 million
Real Estate Owned$473,000

Historic Data - December 2010

Assets$784.48 million
Equity Capital$77.57 million
Loan Loss Allowance$4.34 million
Unbacked Noncurrent Loans$1.09 million
Real Estate Owned$705,000

Profit Margin - Quarterly

Net Interest Margin5.16%
Return on Assets0.65%
Return on Equity6.38%
Interest Income$26.73 million
Non-Interest Income$10.02 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, 2011 Weokie Credit Union had $2.28 million in non-current loans and owned real-estate with $86.42 million in equity and loan loss allowances on hand to cover it. This gives Weokie Credit Union a Texas Ratio of 2.63% 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 Weokie Credit Union held steady from 2.19% as of December 31, 2010 to 2.63% as of December 31, 2011, resulting in a negative change of 20.45%. This indicates that the balance sheet and financial strength for Weokie Credit Union has held steady in recent periods.
Deposit Growth4
In the past year, Weokie Credit Union has increased its total deposits by $28.62 million, resulting in 4.7% 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 Weokie Credit Union has shown is above average.
Capitalization4
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. Weokie Credit Union has $801.63 million in assets with $86.42 million in equity, resulting in a capitalization level of 10.78%, which is above average.
Write Review

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