Woodmen Credit Union

Woodmen Credit Union Locations
1700 Farnam St Fl 11
Omaha, NE 68102
(402) 271-7285
www.woodmenfcu.org



Woodmen Credit Union is headquartered in OMAHA and is the 50th largest credit union in the state of Nebraska. It is also the 5,029th largest credit union in the nation. It was established in 1934 and as of December of 2011, it had grown to 3 employees and 1,132 members. Woodmen Credit Union has a 5-star health rating.



See Rates for: Checking | Savings | CD | IRA

Woodmen Credit Union Checking Account Rates

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0.15%--Checking Plus Account
0.02%--Basic Checking Account

Woodmen Credit Union Savings Account Rates

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0.15%$10k-Saving Account

Woodmen Credit Union CD Rates

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0.95%$1k-3 Year CD
0.80%$1k-2 Year CD
0.55%$1k-1 Year CD
0.40%$1k-6 Month CD
0.15%$1k-90 Day CD

Woodmen Credit Union IRA Rates

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0.95%--3 Year IRA
0.80%--2 Year IRA
0.55%--1 Year IRA

Rates updated: 5/27/2012

Data for Q4 2011


Institution Statistics


WOODMEN
NCUA #16
BankRate ReportView
Year Chartered1934
Employees3
Primary Regulator

Assets and Liabilities

Assets$7.54 million
Loans$4.05 million
Deposits$6.38 million
Equity Capital$1.17 million
Loan Loss Allowance$39,000

Historic Data - December 2010

Assets$7.09 million
Equity Capital$1.19 million
Loan Loss Allowance$35,000

Profit Margin - Quarterly

Net Interest Margin5.14%
Return on Assets-0.33%
Return on Equity-2.14%
Interest Income$292,000
Non-Interest Income$78,000

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 Woodmen Credit Union had $0 in non-current loans and owned real-estate with $1.2 million in equity and loan loss allowances on hand to cover it. This gives Woodmen 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 Growth5
In the past year, Woodmen Credit Union has increased its total deposits by $484,000, resulting in 8.21% 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 Woodmen Credit Union has shown is excellent.
Capitalization5
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. Woodmen Credit Union has $7.54 million in assets with $1.2 million in equity, resulting in a capitalization level of 15.98%, which is excellent.
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