Weststar Credit Union

8395 W Sunset Road Suite 200
Las Vegas, NV 89193
www.weststar.org

NCUA

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Weststar Credit Union is headquartered in Las Vegas and is the 7^th largest credit union in the state of Nevada. It is also the 1,221^st largest credit union in the nation. It was established in 1975 and as of December of 2012, it had grown to 72 employees and 22,740 members. Weststar Credit Union has a 4-star health rating.

Weststar Credit Union Routing Number: 322484634

4.00% 15-Month CD at a Nevada CU (WestStar) - 5/30/2008

WestStar Credit Union is offering the Spring into Summer promotion with a 4.00% APY 15-month certificate. The minimum deposit is $500.This special CD has a yield just a little bit lower than their April CD special. The credit union seems to have some...

4.15% 15-Month CD at a Nevada CU (WestStar). - 4/10/2008

Update 4/19/08: The CD special has ended.WestStar Credit Union is offering a special 4.15% APY 15-month term certificate. The minimum deposit is $500.My last report on this credit union was last September when they were offering a 5.60% CD.Membership is...

5.60% 36-Month CD at a Nevada CU (Weststar) - 9/21/2007

WestStar Credit Union is offering a 5.60% APY 36-month certificate. The minimum deposit is $500. Note, under the rate table, it states that the rates listed are the Full House bonus rates. Without this, the rates are 0.25% less. When I called Weststar...

6.00% 60-Month CD at a Nevada CU (WestStar) - 8/16/2007

WestStar Credit Union is offering a 6.00% APY 60-month certificate. The minimum deposit is $500. Note, under the rate table, it states that the rates listed are the Full House bonus rates. Without this, the rates are 0.25% less. Since I couldn't find any...

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

Weststar Credit Union Savings Account Rates

Apy	Min	Max	Product
0.15%	$100k	-	IRA Share Account
0.15%	$100k	-	Roth IRA Share Account
0.15%	$100k	-	CESA Share Account
0.05%	$25	-	Primary Share Saving Account
0.05%	-	-	Christmas Club Account
0.05%	-	-	Other Share Saving Account
0.05%	$25	-	Comet Kids Club Account

Weststar Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.15%	$100k	-	Money Market Account

Weststar Credit Union CD Rates

Apy	Min	Max	Product
1.25%	$500	-	5 Year CD
0.80%	$500	-	4 Year CD
0.70%	$500	-	3 Year CD
0.45%	$500	-	2 Year CD
0.15%	$500	-	1 Year CD
0.10%	$500	-	6 Month CD
0.05%	$500	-	3 Month CD

Weststar Credit Union IRA Rates

Apy	Min	Max	Product
1.25%	$500	-	5 Year IRA
1.25%	$500	-	5 Year Roth IRA
1.25%	$500	-	5 Year CESA
0.80%	$500	-	4 Year IRA
0.80%	$500	-	4 Year Roth IRA
0.80%	$500	-	4 Year CESA
0.70%	$500	-	3 Year IRA
0.70%	$500	-	3 Year Roth IRA
0.70%	$500	-	3 Year CESA
0.45%	$500	-	2 Year IRA
0.45%	$500	-	2 Year Roth IRA
0.45%	$500	-	2 Year CESA
0.15%	$500	-	1 Year IRA
0.15%	$500	-	1 Year Roth IRA
0.15%	$500	-	1 Year CESA
0.10%	$500	-	6 Month IRA
0.10%	$500	-	6 Month Roth IRA
0.10%	$500	-	6 Month CESA
0.05%	$500	-	3 Month IRA
0.05%	$500	-	3 Month Roth IRA
0.05%	$500	-	3 Month CESA

Rates updated: 5/25/2013

Data for Q4 2012

Institution Statistics

WESTSTAR
NCUA #	68227
BankRate Report	View
Year Chartered	1975
Employees	72
Primary Regulator
Assets and Liabilities
Assets	$130.25 million
Loans	$78.77 million
Deposits	$112.93 million
Equity Capital	$15.78 million
Loan Loss Allowance	$2.56 million
Unbacked Noncurrent Loans	$2.01 million
Real Estate Owned	$143,000
Historic Data - December 2011
Assets	$133.71 million
Equity Capital	$14.62 million
Loan Loss Allowance	$3.97 million
Unbacked Noncurrent Loans	$1.95 million
Real Estate Owned	$121,000
Profit Margin - Quarterly
Net Interest Margin	5.01%
Return on Assets	0.8%
Return on Equity	6.59%
Interest Income	$4.52 million
Non-Interest Income	$4.78 million

Institution Health

Overall Score:

4 out of 5

Texas Ratio
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 Weststar Credit Union had $2.15 million in non-current loans and owned real-estate with $18.34 million in equity and loan loss allowances on hand to cover it. This gives Weststar Credit Union a Texas Ratio of 11.74% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Weststar Credit Union held steady from 11.15% as of December 31, 2011 to 11.74% as of December 31, 2012, resulting in a negative change of 5.24%. This indicates that the balance sheet and financial strength for Weststar Credit Union has held steady in recent periods.
Deposit Growth
In the past year, Weststar Credit Union has decreased its total deposits by -$4.11 million, resulting in -3.51% 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 Weststar Credit Union has shown is below average.
Capitalization
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. Weststar Credit Union has $130.25 million in assets with $18.34 million in equity, resulting in a capitalization level of 14.08%, which is excellent.