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Overview / Commentary
800-658-9933
P.O. Box 99
Las Cruces, NM 88004

White Sands Credit Union is headquartered in Las Cruces and is the 10st largest credit union in the state of New Mexico. It is also the 755th largest credit union in the nation. It was established in 1952 and as of December of 2013, it had grown to 80 employees and 26,599 members. White Sands Credit Union has a A health rating.

Field of Membership Restrictions

Must be an employee of the White Sands Missile Range or several other entities. - See Details

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Health

Data for Q4 2013

Institution Health

A

Texas Ratio

GRADE:
A+

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 White Sands Credit Union had $607,000 in non-current loans and owned real-estate with $22.09 million in equity and loan loss allowances on hand to cover it. This gives White Sands Credit Union a Texas Ratio of 2.75% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for White Sands Credit Union decreased dramatically from 5.07% as of December 31, 2012 to 2.75% as of December 31, 2013, resulting in a positive change of 45.81%.This indicates that the balance sheet and financial strength for White Sands Credit Union has improved dramatically in recent periods.

Deposit Growth

GRADE:
B+

In the past year, White Sands Credit Union has increased its total deposits by $6.75 million, resulting in 2.92% 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 White Sands Credit Union has shown is above average.

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. White Sands Credit Union has $261.09 million in assets with $22.09 million in equity, resulting in a capitalization level of 8.46%, which is average.

Institution Statistics

Overall
NCUA #7960
Year Chartered1952
Employees80
Primary Regulator
Assets and Liabilities
Assets$261.09 million
Loans$171.77 million
Deposits$238.07 million
Equity Capital$21.44 million
Loan Loss Allowance$649,000
Unbacked Noncurrent Loans$607,000
Real Estate Owned$0
Historic Data - December 2012
Assets$253.04 million
Equity Capital$20.60 million
Loan Loss Allowance$523,000
Unbacked Noncurrent Loans$607,000
Real Estate Owned$443,000
Profit Margin - Quarterly
Net Interest Margin4.14%
Return on Assets0.41%
Return on Equity4.94%
Interest Income$8.29 million
Rates

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

White Sands Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.15%--Regular Share Savings
0.15%--Kirby Kangaroo Savings Club
0.15%--Regular IRA
0.15%--CU Succeed Club
0.15%--Roth IRA Share
0.15%--Coverdell Education Savings Account
0.15%--SEP IRA Share

White Sands Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.25%$50k-Money Market

White Sands Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.05%$300-Preferred Checking
0.05%$1k-Premium Checking
0.05%$100-Silver Class Checking
0.00%--Easy Checking

White Sands Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.46%$25k-5 Year Jumbo Share Certificate
1.36%$1k-5 Year Share Certificate
1.11%$25k-4 Year Jumbo Share Certificate
1.06%$25k-3 Year Jumbo Share Certificate
1.00%$1k-4 Year Share Certificate
0.95%$1k-3 Year Share Certificate
0.80%$25k-2 Year Jumbo Share Certificate
0.70%$1k-2 Year Share Certificate
0.55%$25k-18 Month Jumbo Share Certificate
0.50%$25k-1 Year Jumbo Share Certificate
0.45%$1k-18 Month Share Certificate
0.40%$1k-1 Year Share Certificate
0.35%$25k-6 Month Jumbo Share Certificate
0.25%$1k-6 Month Share Certificate

White Sands Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.46%$25k-5 Year Jumbo IRA Certificate (Traditional,Roth,CESA,SEP)
1.36%$1k-5 Year IRA Certificate (Traditional,Roth,CESA,SEP)
1.11%$25k-4 Year Jumbo IRA Certificate (Traditional,Roth,CESA,SEP)
1.06%$25k-3 Year Jumbo IRA Certificate (Traditional,Roth,CESA,SEP)
1.00%$1k-4 Year IRA Certificate (Traditional,Roth,CESA,SEP)
0.95%$1k-3 Year IRA Certificate (Traditional,Roth,CESA,SEP)
0.80%$25k-2 Year Jumbo IRA Certificate (Traditional,Roth,CESA,SEP)
0.70%$1k-2 Year IRA Certificate (Traditional,Roth,CESA,SEP)
0.55%$25k-18 Month Jumbo IRA Certificate (Traditional,Roth,CESA,SEP)
0.50%$25k-1 Year Jumbo IRA Certificate (Traditional,Roth,CESA,SEP)
0.45%$1k-18 Month IRA Certificate (Traditional,Roth,CESA,SEP)
0.40%$1k-1 Year IRA Certificate (Traditional,Roth,CESA,SEP)
0.35%$25k-6 Month Jumbo IRA Certificate (Traditional,Roth,CESA,SEP)
0.25%$1k-6 Month IRA Certificate (Traditional,Roth,CESA,SEP)
Locations


White Sands Credit Union Locations
Branch Office143 Rock Island AveWhite Sands Missile Range, NM 88002
Branch Office2755 N Main StLas Cruces, NM 88001-1149
Branch Office2190 E Lohman AveLas Cruces, NM 88001-8452
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Branch Office1914 N Date StTruth or Consequences, NM 87901