Wright-Patt Credit Union

2455 Executive Park Boulevard
Fairborn, OH 453240286
www.wpcu.coop

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Wright-Patt Credit Union is headquartered in Fairborn and is the largest credit union in the state of Ohio. It is also the 46^th largest credit union in the nation. It was established in 1932 and as of December of 2012, it had grown to 483 employees and 240,969 members. Wright-Patt Credit Union's savings rates are 54% higher than the national average, and it boasts a 5-star health rating.

Top Long-Term CD Rates at Wright-Patt Credit Union in Ohio - 12/12/2012

Wright-Patt Credit Union is offering some competitive rates on its long-term share certificates. It's one of the rare institutions that offer 6-year terms. Its Jumbo 6-year CD has a 2.25% APY. The Jum ...

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

Wright-Patt Credit Union Checking Account Rates

Apy	Min	Max	Product
0.08%	$25k	-	Checking with Dividends
0.08%	$25k	-	Business Plus/Premium Checking
0.04%	$1k	-	Select Checking

Wright-Patt Credit Union Savings Account Rates

Apy	Min	Max	Product
3.00%	-	$500	TrueSaver - Qualifying
3.00%	-	$500	HSA Enhanced
3.00%	-	$500	CharitySaver
3.00%	-	$500	Business Health Savings Account - Enhanced
0.80%	-	-	HSA Basic
0.80%	-	-	Business Health Savings Account - Basic
0.08%	-	-	Easy Saver Share
0.08%	-	-	Club Accounts
0.08%	-	-	Secondary Share
0.08%	-	$500	TrueSaver - Non Qualifying
0.08%	-	-	Business Share Account

Wright-Patt Credit Union Money Market Rates

Apy	Min	Max	Product
0.15%	$50k	-	Personal Capital Money Market
0.15%	$50k	-	Business Money Market Savings Account

Wright-Patt Credit Union CD Rates

Apy	Min	Max	Product
1.90%	$100k	-	72 Month CD
1.90%	$100k	-	Business 72 Month CD
1.70%	$100k	-	60-71 Month CD
1.70%	$100k	-	Business 60 - 71 Month CD
1.30%	$100k	-	48-59 Month CD
1.30%	$100k	-	Business 48 - 59 Month CD
1.05%	$100k	-	36-47 Month CD
1.05%	$100k	-	Business 36 - 47 Month CD
0.80%	$100k	-	24-35 Month CD
0.80%	$100k	-	Business 24 - 35 Month CD
0.60%	$100k	-	18-23 Month CD
0.60%	$100k	-	Business 18 - 23 Month CD
0.55%	$100k	-	12-17 Month CD
0.55%	$100k	-	Business 12 - 17 Month CD
0.35%	$100k	-	6-11 Month CD
0.35%	$100k	-	Business 6 - 11 Month CD
0.25%	-	-	18 Month Balance Builder CD

Wright-Patt Credit Union IRA Rates

Apy	Min	Max	Product
1.90%	$100k	-	72 Month IRA
1.70%	$100k	-	60-71 Month IRA
1.30%	$100k	-	48-59 Month IRA
1.05%	$100k	-	36-47 Month IRA
0.80%	$100k	-	24-35 Month IRA
0.60%	$100k	-	18-23 Month IRA
0.60%	$100k	-	18 Month Fixed Add-On IRA
0.55%	$100k	-	12-17 Month IRA
0.40%	$100k	-	18 Month Variable Add-On IRA
0.35%	$100k	-	6-11 Month IRA

Rates updated: 5/20/2013 * Not all products updated

Data for Q4 2012

Institution Statistics

WRIGHT-PATT
NCUA #	66328
BankRate Report	View
Year Chartered	1932
Employees	483
Primary Regulator
Assets and Liabilities
Assets	$2.57 billion
Loans	$1.47 billion
Deposits	$2.21 billion
Equity Capital	$292.89 million
Loan Loss Allowance	$12.06 million
Unbacked Noncurrent Loans	$13.50 million
Real Estate Owned	$811,000
Historic Data - December 2011
Assets	$2.30 billion
Equity Capital	$241.51 million
Loan Loss Allowance	$9.66 million
Unbacked Noncurrent Loans	$17.86 million
Real Estate Owned	$1.35 million
Profit Margin - Quarterly
Net Interest Margin	3.86%
Return on Assets	1.46%
Return on Equity	12.84%
Interest Income	$77.74 million
Non-Interest Income	$80.13 million

Institution Health

Overall Score:

5 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 Wright-Patt Credit Union had $14.31 million in non-current loans and owned real-estate with $304.96 million in equity and loan loss allowances on hand to cover it. This gives Wright-Patt Credit Union a Texas Ratio of 4.69% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Wright-Patt Credit Union decreased slightly from 7.65% as of December 31, 2011 to 4.69% as of December 31, 2012, resulting in a positive change of 38.62%.This indicates that the balance sheet and financial strength for Wright-Patt Credit Union has improved slightly in recent periods.
Deposit Growth
In the past year, Wright-Patt Credit Union has increased its total deposits by $219.56 million, resulting in 11.03% 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 Wright-Patt Credit Union has shown is excellent.
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. Wright-Patt Credit Union has $2.57 billion in assets with $304.96 million in equity, resulting in a capitalization level of 11.88%, which is above average.