Xcel Credit Union

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

NCUA


Xcel Credit Union is headquartered in BLOOMFIELD and is the 21st largest credit union in the state of New Jersey. It is also the 1,145th largest credit union in the nation. It was established in 1964 and as of December of 2012, it had grown to 34 employees and 16,693 members. Xcel Credit Union has a 3-star health rating.

Related Posts

Fourth of July 3-Month CD Special at XCEL FCU - Easy Membership - 7/2/2012

XCEL Federal Credit Union is offering a "Fourth of July Special" that's available until July 6, 2012. The special is a 90-day CD with a 1.00% APY. Minimum deposit is $5,000, and the maximum is $250,00 ...

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 ...



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

Xcel Credit Union Checking Account Rates

ApyMinMaxProduct
0.05%$2,500-Checking Account

Xcel Credit Union Savings Account Rates

ApyMinMaxProduct
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

ApyMinMaxProduct
0.45%$25k-Money Marktet

Xcel Credit Union CD Rates

ApyMinMaxProduct
1.65%$20k-60 Month Silver CD
1.60%$500$20k60 Month CD
1.30%$20k-48 Month Silver CD
1.25%$500$20k48 Month CD
1.05%$20k-36 Month Silver CD
1.00%$500$20k36 Month CD
0.95%$20k-24 Month Bump-Up Silver CD
0.90%$500$20k24 Month Bump-Up CD
0.55%$20k-12 Month Silver CD
0.50%$500$20k12 Month CD
0.25%$20k-6 Month Silver CD
0.20%$500$20k6 Month CD
0.15%$20k-3 Month Silver CD
0.10%$5k-3 Month CD Liquid
0.10%$500$20k3 Month CD

Xcel Credit Union IRA Rates

ApyMinMaxProduct
1.65%$20k-60 Month Silver IRA
1.65%$20k-60 Month Silver Roth IRA
1.65%$20k-60 Month Silver CESA
1.60%$500$20k60 Month IRA
1.60%$500$20k60 Month Roth IRA
1.60%$500$20k60 Month CESA
1.30%$20k-48 Month Silver IRA
1.30%$20k-48 Month Silver Roth IRA
1.30%$20k-48 Month Silver CESA
1.25%$500$20k48 Month IRA
1.25%$500$20k48 Month Roth IRA
1.25%$500$20k48 Month CESA
1.05%$20k-36 Month Silver IRA
1.05%$20k-36 Month Silver Roth IRA
1.05%$20k-36 Month Silver CESA
1.00%$500$20k36 Month IRA
1.00%$500$20k36 Month Roth IRA
1.00%$500$20k36 Month CESA
0.95%$20k-24 Month Silver Bump-Up IRA
0.95%$20k-24 Month Silver Bump-Up Roth IRA
0.95%$20k-24 Month Silver Bump-Up CESA
0.90%$500$20k24 Month Bump-Up IRA
0.90%$500$20k24 Month Bump-Up Roth IRA
0.90%$500$20k24 Month Bump-Up CESA
0.55%$20k-12 Month Silver IRA
0.55%$20k-12 Month Silver Roth IRA
0.55%$20k-12 Month Silver CESA
0.50%$500$20k12 Month IRA
0.50%$500$20k12 Month Roth IRA
0.50%$500$20k12 Month CESA
0.25%$20k-6 Month Silver IRA
0.25%$20k-6 Month Silver Roth IRA
0.25%$20k-6 Month Silver CESA
0.20%$500$20k6 Month IRA
0.20%$500$20k6 Month Roth IRA
0.20%$500$20k6 Month CESA
0.15%$20k-3 Month Silver IRA
0.15%$20k-3 Month Silver Roth IRA
0.15%$20k-3 Month Silver CESA
0.10%$500$20k3 Month IRA
0.10%$500$20k3 Month Roth IRA
0.10%$500$20k3 Month CESA
0.10%$5k-3 Month Liquid IRA
0.10%$5k-3 Month Liquid Roth IRA
0.10%$5k-3 Month Liquid CESA

Rates updated: 5/24/2013

Data for Q4 2012


Institution Statistics


XCEL
NCUA #16218
BankRate ReportView
Year Chartered1964
Employees34
Primary Regulator

Assets and Liabilities

Assets$143.23 million
Loans$121.04 million
Deposits$129.45 million
Equity Capital$9.73 million
Loan Loss Allowance$1.00 million
Unbacked Noncurrent Loans$2.66 million

Historic Data - December 2011

Assets$135.36 million
Equity Capital$8.96 million
Loan Loss Allowance$718,000
Unbacked Noncurrent Loans$1.92 million

Profit Margin - Quarterly

Net Interest Margin5.35%
Return on Assets0.55%
Return on Equity8.11%
Interest Income$7.40 million
Non-Interest Income$2.21 million

Institution Health


Overall Score:
3 out of 5
3
Texas Ratio3
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 Xcel Credit Union had $2.66 million in non-current loans and owned real-estate with $10.74 million in equity and loan loss allowances on hand to cover it. This gives Xcel Credit Union a Texas Ratio of 24.80% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend3
The Texas Ratio for Xcel Credit Union held steady from 19.85% as of December 31, 2011 to 24.80% as of December 31, 2012, resulting in a negative change of 24.96%. This indicates that the balance sheet and financial strength for Xcel Credit Union has held steady in recent periods.
Deposit Growth4
In the past year, Xcel Credit Union has increased its total deposits by $3.26 million, resulting in 2.59% 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 above average.
Capitalization2
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 $143.23 million in assets with $10.74 million in equity, resulting in a capitalization level of 7.50%, which is below average.
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