Xceed Financial Credit Union

Xceed Financial Credit Union is headquartered in El Segundo and is the 42^nd largest credit union in the state of California. It is also the 262^nd largest credit union in the nation. It was established in 1964 and as of December of 2011, it had grown to 205 employees and 59,059 members. Xceed Financial Credit Union's money market rates are 14% higher than the national average, and it boasts a 5-star health rating.

Xceed Financial Credit Union Routing Number: 322275490

Related Posts

Xceed Financial Credit Union Checking Account Rates

Xceed Financial Credit Union Savings Account Rates

Xceed Financial Credit Union Money Market Rates

Xceed Financial Credit Union CD Rates

Xceed Financial Credit Union IRA Rates

Data for Q4 2011

Institution Statistics XCEED FINANCIAL NCUA # 20068 BankRate Report View Year Chartered 1964 Employees 205 Primary Regulator Assets and Liabilities Assets $756.15 million Loans $655.33 million Deposits $608.05 million Equity Capital $68.92 million Loan Loss Allowance $7.74 million Unbacked Noncurrent Loans $3.60 million Historic Data - December 2010 Assets $721.02 million Equity Capital $67.76 million Loan Loss Allowance $9.72 million Unbacked Noncurrent Loans $3.81 million Real Estate Owned $250,000 Profit Margin - Quarterly Net Interest Margin 4.14% Return on Assets 0.14% Return on Equity 1.51% Interest Income $33.34 million Non-Interest Income $8.94 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, 2011 Xceed Financial Credit Union had $3.6 million in non-current loans and owned real-estate with $76.66 million in equity and loan loss allowances on hand to cover it. This gives Xceed Financial Credit Union a Texas Ratio of 4.70% 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 Xceed Financial Credit Union held steady from 5.25% as of December 31, 2010 to 4.70% as of December 31, 2011, resulting in a positive change of 10.44%.This indicates that the balance sheet and financial strength for Xceed Financial Credit Union has held steady in recent periods. Deposit Growth In the past year, Xceed Financial Credit Union has increased its total deposits by $18.37 million, resulting in 3.12% 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 Xceed Financial Credit Union has shown is above 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. Xceed Financial Credit Union has $756.15 million in assets with $76.66 million in equity, resulting in a capitalization level of 10.14%, which is above average.