Safe and Sound

CALCASIEU TEACHERS AND EMPLOYEES

LAKE CHARLES, LA
4
Star Rating
CALCASIEU TEACHERS AND EMPLOYEES is an NCUA-insured credit union founded in 1954 and currently based in LAKE CHARLES, LA. Regulatory filings show the credit union having $38.0 million in assets, as of December 31, 2017.

Members have $14.1 million on deposit tended by 10 full-time employees. With that footprint, the credit union has amassed loans and leases worth $14.1 million. CALCASIEU TEACHERS AND EMPLOYEES's 5,070 members currently have $32.9 million in shares with the credit union.

Overall, Bankrate believes that, as of December 31, 2017, CALCASIEU TEACHERS AND EMPLOYEES exhibited a good condition, earning 4 out of 5 stars for safety and soundness. Here's a breakdown of how the credit union faired on the three important criteria Bankrate used to score U.S. credit unions.

WHAT IS
SAFE AND SOUND?

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THE INSTITUTION'S SCORE

Capital Score

Capital works as a bulwark against losses and as protection for members when a credit union is experiencing financial trouble. It follows then that an institution's level of capital is a key measurement of its financial resilience. When looking at safety and soundness, the higher the capital, the better.

CALCASIEU TEACHERS AND EMPLOYEES racked up 18 out of a possible 30 points on our test to measure capital adequacy, better than the national average of 15.65.

CALCASIEU TEACHERS AND EMPLOYEES appears to be on more solid financial footing than its peers, with a capitalization ratio of 18.00 percent in our test, above the average for all credit unions.

Asset Quality Score

Bankrate uses this test to determine the impact of problem assets, such as past-due loans, on the credit union's loan loss reserves and overall capitalization.

Having lots of these kinds of assets could eventually force a credit union to use capital to cover losses, decreasing its buffer of equity. Many of those assets are also likely to be in non-accrual status and no longer earning money, resulting in lower earnings and potentially more risk of a failure in the future.

CALCASIEU TEACHERS AND EMPLOYEES scored above the national average of 38.09 on Bankrate's asset quality test, racking up 40 out of a possible 40 points .

A lower-than-average ratio of problem assets of 0.00 percent in our test was potentially indicative of superior financial strength compared to other credit unions.

Earnings score

A credit union's earnings performance has an effect on its safety and soundness. A credit union can retain its earnings, boosting its capital cushion, or put them to work addressing problematic loans, likely making the credit union better prepared to withstand financial trouble. Obviously, credit unions that are losing money have less ability to do those things.

CALCASIEU TEACHERS AND EMPLOYEES scored 4 out of a possible 30 on Bankrate's test of earnings, falling short of the national average of 10.11.

One sign that CALCASIEU TEACHERS AND EMPLOYEES is running ahead of its peers in this area was its earnings ratio of 0.00 percent in our test, higher than the average for all credit unions.

WHAT IS SAFE & SOUND?

Bankrate.com's Safe & Sound Ratings provide a star rating system to evaluate the current financial status of financial institutions. The information gathered about banks, credit unions and thrifts is updated as set forth in the Terms of Use of Safe & Sound Ratings and Reports. The Safe & Sound Ratings information is grouped by categories of banks, thrifts and credit unions.

Scoring methodology

Bankrate.com evaluates the financial condition of institutions and assigns a one- to five-star rating for each with five stars representing the highest rating. Institutions with satisfactory performance will generally receive a rating of three or more stars. The majority of institutions fall into the three- to four-star range. An institution with an "NR" rating may be too new to rate or may have limited the publicly available information in their regulatory filings. The "NR" is not an indication of financial strength or weakness. The Safe & Sound rating is believed to be reliable, but the information is not guaranteed. In addition, events since the information was collected may have altered the institution's financial condition.