Xcel Credit Union

PO Box 2618
Secaucus, NJ 070969901
800-284-8663
www.xcelfcu.org

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Xcel Credit Union is headquartered in Secaucus and is the 21^st largest credit union in the state of New Jersey. It is also the 1,149^th largest credit union in the nation. It was established in 1964 and as of December of 2011, it had grown to 34 employees and 15,084 members. Xcel Credit Union has a 3-star health rating.

Update Re XCEL Federal Credit Union Rate Drop (Forum) - 11/8/2011

The Xcel FCU CD rates dropped today and were posted on their website this evening. The 2.65% APY 5 yr. Silver CD was down 0.60% to 2.05%. Their other CD categories were also negatively affected. These can be viewed at : Rates :: XCEL Federal

XCEL Federal Credit Union Planned Rate Drop (Forum) - 11/7/2011

An XCEL Credit Union CSR reported this afternoon that tomorrow (11/8/11) the 5 year term CD will be lowered by 0.25% APY.

Top CD Rates at XCEL Federal Credit Union - Easy Membership - 10/24/2011

XCEL Federal Credit Union has several competitive CD and IRA CD rates. The best ones are its long-term CDs. These include a 2.70% APY 5-year CD and a 2.45% APY 4-year CD. Minimum deposit is $100K. Rat ...

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

Xcel Credit Union Checking Account Rates

	Apy	Min	Max	Product
	0.05%	$2,500	-	Checking Account

Xcel Credit Union Savings Account Rates

Apy	Min	Max	Product
0.10%	$50	-	Regular Savings
0.10%	-	-	Additional Savings
0.10%	-	-	IRA Savings
0.10%	-	-	Holiday Club
0.10%	-	-	Vacation Club
0.10%	-	-	Roth IRA Savings
0.10%	-	-	CESA Savings

Xcel Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.45%	$25k	-	Money Marktet

Xcel Credit Union CD Rates

Apy	Min	Max	Product
1.80%	$20k	$100k	60 Month CD
1.45%	$20k	$100k	48 Month CD
1.20%	$20k	$100k	36 Month CD
1.05%	$20k	$100k	24 Month CD
0.60%	$20k	$100k	12 Month CD
0.30%	$20k	$100k	6 Month CD
0.20%	$20k	$100k	3 Month CD
0.15%	$5k	-	3 Month CD Liquid

Xcel Credit Union IRA Rates

Apy	Min	Max	Product
1.80%	$20k	$100k	60 Month IRA
1.80%	$20k	$100k	60 Month Roth IRA
1.80%	$20k	$100k	60 Month CESA
1.45%	$20k	$100k	48 Month IRA
1.45%	$20k	$100k	48 Month Roth IRA
1.45%	$20k	$100k	48 Month CESA
1.20%	$20k	$100k	36 Month IRA
1.20%	$20k	$100k	36 Month Roth IRA
1.20%	$20k	$100k	36 Month CESA
1.05%	$20k	$100k	24 Month IRA
1.05%	$20k	$100k	24 Month Roth IRA
1.05%	$20k	$100k	12 Month CESA
1.05%	$20k	$100k	24 Month CESA
0.60%	$20k	$100k	12 Month IRA
0.60%	$20k	$100k	12 Month Roth IRA
0.30%	$20k	$100k	6 Month IRA
0.30%	$20k	$100k	6 Month Roth IRA
0.30%	$20k	$100k	6 Month CESA
0.20%	$20k	$100k	3 Month IRA
0.20%	$20k	$100k	3 Month Roth IRA
0.20%	$20k	$100k	3 Month CESA
0.15%	$5k	-	3 Month IRA Liquid
0.15%	$5k	-	3 Month Roth IRA Liquid
0.15%	$5k	-	3 Month CESA Liquid

Rates updated: 5/26/2012 * Not all products updated

Data for Q4 2011

Institution Statistics

XCEL
NCUA #	16218
BankRate Report	View
Year Chartered	1964
Employees	34
Primary Regulator
Assets and Liabilities
Assets	$135.36 million
Loans	$109.32 million
Deposits	$126.19 million
Equity Capital	$8.96 million
Loan Loss Allowance	$718,000
Unbacked Noncurrent Loans	$1.92 million
Historic Data - December 2010
Assets	$126.00 million
Equity Capital	$8.37 million
Loan Loss Allowance	$558,000
Unbacked Noncurrent Loans	$902,000
Profit Margin - Quarterly
Net Interest Margin	5.34%
Return on Assets	0.39%
Return on Equity	5.88%
Interest Income	$6.90 million
Non-Interest Income	$1.71 million

Institution Health

Overall Score:

3 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 Xcel Credit Union had $1.92 million in non-current loans and owned real-estate with $9.68 million in equity and loan loss allowances on hand to cover it. This gives Xcel Credit Union a Texas Ratio of 19.85% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Xcel Credit Union increased slightly from 10.11% as of December 31, 2010 to 19.85% as of December 31, 2011, resulting in a negative change of 96.40%. This indicates that the balance sheet and financial strength for Xcel Credit Union has declined slightly in recent periods.
Deposit Growth
In the past year, Xcel Credit Union has increased its total deposits by $8.74 million, resulting in 7.44% 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 Xcel 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. Xcel Credit Union has $135.36 million in assets with $9.68 million in equity, resulting in a capitalization level of 7.15%, which is below average.