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Overview / Commentary
918-362-1400
4620 W Kenosha St
Broken Arrow, OK 74012

Western Sun Credit Union is headquartered in Broken Arrow and is the 17st largest credit union in the state of Oklahoma. It is also the 1,230th largest credit union in the nation. It was established in 1940 and as of December of 2013, it had grown to 44 employees and 26,622 members. Western Sun Credit Union's money market rates are 14% higher than the national average, and it has a B+ health rating.

Field of Membership Restrictions

Must work, worship, live, volunteer or attend school in Tulsa or Okmulgee County. - See Details

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Health

Data for Q4 2013

Institution Health

B+

Texas Ratio

GRADE:
B+

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, 2013 Western Sun Credit Union had $2.18 million in non-current loans and owned real-estate with $15.23 million in equity and loan loss allowances on hand to cover it. This gives Western Sun Credit Union a Texas Ratio of 14.30% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C-

The Texas Ratio for Western Sun Credit Union increased slightly from 6.95% as of December 31, 2012 to 14.30% as of December 31, 2013, resulting in a negative change of 105.89%. This indicates that the balance sheet and financial strength for Western Sun Credit Union has declined slightly in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Western Sun Credit Union has increased its total deposits by $6.38 million, resulting in 5.86% 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 Western Sun Credit Union has shown is excellent.

Capitalization

GRADE:
A

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. Western Sun Credit Union has $131.7 million in assets with $15.23 million in equity, resulting in a capitalization level of 11.57%, which is excellent.

Institution Statistics

Overall
NCUA #4202
Year Chartered1940
Employees44
Primary Regulator
Assets and Liabilities
Assets$131.70 million
Loans$95.06 million
Deposits$115.15 million
Equity Capital$14.75 million
Loan Loss Allowance$480,000
Unbacked Noncurrent Loans$2.18 million
Real Estate Owned$0
Historic Data - December 2012
Assets$123.24 million
Equity Capital$13.58 million
Loan Loss Allowance$510,000
Unbacked Noncurrent Loans$2.18 million
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin5.05%
Return on Assets0.74%
Return on Equity6.64%
Interest Income$5.51 million
Rates

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

Western Sun Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.30%$40k-Savings Account
0.30%--Christmas Club Savings Account

Western Sun Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.50%$50k-Money Market Checking

Western Sun Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.30%$500-Checking Account

Western Sun Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.15%$1k-3 Year CD
1.00%$95k-2 Year Jumbo
0.95%$1k-2 Year CD
0.80%$95k-18 Month Jumbo
0.75%$1k-18 Month CD
0.75%$95k-1 Year Jumbo
0.70%$1k-1 Year CD
0.65%$1k-7 Month CD
0.65%$95k-6 Month Jumbo
0.60%$1k-6 Month CD

Western Sun Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
0.70%$50-1 Year IRA
Locations


Western Sun Credit Union Locations
Branch Office11709 S Memorial DrBixby, OK 74008
Branch Office3356 Southwest BlvdTulsa, OK 74107
Branch Office606 E 6th StOkmulgee, OK 74447
Branch Office4620 W Kenosha StBroken Arrow, OK 74012-8966
Branch Office907 S Detroit AveTulsa, OK 74120-4205