Delta Community Credit Union
Analysis
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Edited by General
Delta Community Credit Union is the largest credit union in Georgia, with almost 500,000 members and 32 branches. It offers a full range of deposit products with no monthly fees.
Advantages
- Some CD rates are competitive.
- As long as depositors use its own network or CO-OP network ATMs, there will be no ATM fees.
- No monthly fees.
Disadvantages
- It may be difficult to qualify for membership outside the Georgia.
- Savings, money market and checking rates are not competitive.
Savings Fees
| Fee Type | |
|---|---|
| Non Sufficient Funds | $0.00 |
| Maintenance | $0.00 |
| Out-of-network ATM | $0.00 |
| Excessive Transaction | $0.00 |
| Incoming Wires | $0.00 |
Financial Details
Delta Community Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of Delta Community. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.
Texas Ratio
| Delta Community | U.S. Average |
|---|---|
| 0.00% | 5.83 |
The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.
As of June 30, 2024, Delta Community had $19,294,500 in non-current loans and $1,876,057 in owned assets. To cover these potential losses it had $1,009,275,879 in net worth and $44,675,976 in loans loss reserves. That gives it a Texas Ratio of 0.00%.
Net Worth
| Delta Community | U.S. Average |
|---|---|
| 11.73% | 13.93% |
Delta Community FCU has a net worth of 11.73% versus the BestCashCow average of 13.93. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.
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