Canyon State Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
1.87%	5-year CD	5 Year CD 2.90% - Goldman Sachs Bank USA High-yield 5 Year CD
0.60%	1-year CD	1 Year CD 2.35% - Synchrony Bank 14 Month CD Special
0.05%	Savings	Regular Shares 1.70% - Goldman Sachs Bank USA High-yield Online Savings Account

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Overview / Commentary

www.canyonstatecu.org

623-580-6000

3440 W Deer Valley Road
Phoenix, AZ 85027

Canyon State Credit Union is headquartered in Phoenix and is the 17^th largest credit union in the state of Arizona. It is also the 1,048^th largest credit union in the nation. It was established in 1951 and as of March of 2018, it had grown to 55 employees and 18,211 members at 6 locations. Canyon State Credit Union has a B+ health rating.

Field of Membership Restrictions

Canyon State CU is open to the residents, people that maintain employment, and worship throughout most of Arizona State. Membership eligibility also extends to include faculty, students, and alumni members of Grand Canyon University, current, retired, and contract employees of CU-affiliated SEG's; including the Phoenix Division of Safeway INC, and Arizona State government, as well as the family members of current CU members and widows/widowers of deceased CU members, that have not remarried. A full list of qualifying SEG's and specific zip codes is provided on the Canyon State CU website for determining membership eligibility status.
See current membership details

Horrible Credit Union

Posted by: Anonymous | Sep 14, 2012

Canyon State is just a bad credit union. They have changed hours recently and now aren't even open on the weekend. None of the tellers ever know what they are talking about so you get multiple answers about the same question every time. They have close all branches in the East Valley so now you have to drive downtown just to get funds because they aren't even a shared branching location. Many things are changing here and I would not doubt if they are having financial issues. I have a loan there that I am trying to move and then I am closing my accounts. This is coming from someone who has had his account there for nearly ten years.... Just not sure this credit union will be here much longer. They have already been through one merger in the last few years. That should of been a heads up to move my account back then. STAY AWAY!!!

Comment

1

Not As Good Anymore!

Posted by: princess28 | Jul 10, 2012

Loved this credit union when our branch was here in Tucson since its been shut down my entire family that has accounts with this credit union has had nothing but trouble. Doesnt really seem like these reps have good costumer service skills at all. Very sad to have to leave because we've all had this bank for years and I mean more then 20yrs.

Comment

2

Health

B+

Data as of Q1 2018

Learn why bank health matters

Health Grade Components

Overall
NCUA #	68502
Year Chartered	1951
Employees	55
Primary Regulator

Profit Margin
Return on Assets - YTD	-0.01%
Return on Equity - YTD	-0.14%
Annual Interest Income	$1.6MM

Assets and Liabilities
Assets	Q1 2018vs Q1 2017	$201.0MM$198.5MM
Loans	Q1 2018vs Q1 2017	$101.1MM$108.8MM
Deposits	Q1 2018vs Q1 2017	$160.7MM$156.3MM
Equity Capital	Q1 2018vs Q1 2017	$16.9MM$17.7MM
Loan Loss Allowance	Q1 2018vs Q1 2017	$924.00K$817.00K
Unbacked Noncurrent Loans	Q1 2018vs Q1 2017	$932.00K$317.00K
Real Estate Owned	Q1 2018vs Q1 2017	$0$0

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