1st Choice CU (GA)

1st Choice CU (GA) is headquartered in ATLANTA and is the 62^nd largest credit union in the state of Georgia. It is also the 3,336^th largest credit union in the nation. It was established in 1991 and as of September of 2011, it had grown to 12 employees and 9,147 members. 1st Choice CU (GA)'s money market rates are 48% higher than the national average, and it has a 4-star health rating.

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Data for Q3 2011

Institution Statistics 1ST CHOICE NCUA # 67505 BankRate Report View Year Established 1991 Employees 12 Primary Regulator Assets and Liabilities Assets $23.23 million Loans $14.70 million Deposits $20.20 million Equity Capital $2.80 million Loan Loss Allowance $678,000 Unbacked Noncurrent Loans $892,000 Historic Data - September 2010 Assets $21.07 million Equity Capital $3.12 million Loan Loss Allowance $305,000 Unbacked Noncurrent Loans $590,000 Real Estate Owned $53,000 Profit Margin - Quarterly Net Interest Margin 6.94% Return on Assets -0.45% Return on Equity -3.77% Interest Income $1.17 million Non-Interest Income $572,000

Institution Health Overall Score: 4 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 September 30, 2011 1st Choice CU (GA) had $892,000 in non-current loans and owned real-estate with $3.47 million in equity and loan loss allowances on hand to cover it. This gives 1st Choice CU (GA) a Texas Ratio of 25.68% 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 1st Choice CU (GA) increased slightly from 18.79% as of September 30, 2010 to 25.68% as of September 30, 2011, resulting in a negative change of 36.69%. This indicates that the balance sheet and financial strength for 1st Choice CU (GA) has declined slightly in recent periods. Deposit Growth In the past year, 1st Choice CU (GA) has increased its total deposits by $2.57 million, resulting in 14.57% 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 1st Choice CU (GA) 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. 1st Choice CU (GA) has $23.23 million in assets with $3.47 million in equity, resulting in a capitalization level of 14.95%, which is excellent.

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