Abbey Credit Union

Abbey Credit Union is headquartered in Vandalia and is the 69^th largest credit union in the state of Ohio. It is also the 1,733^rd largest credit union in the nation. It was established in 1937 and as of December of 2011, it had grown to 19 employees and 8,304 members. Abbey Credit Union has a 5-star health rating.

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Abbey Credit Union CD Rates

Data for Q4 2011

Institution Statistics ABBEY NCUA # 66827 BankRate Report View Year Chartered 1937 Employees 19 Primary Regulator Assets and Liabilities Assets $75.34 million Loans $41.06 million Deposits $69.57 million Equity Capital $5.65 million Loan Loss Allowance $197,000 Unbacked Noncurrent Loans $423,000 Historic Data - December 2010 Assets $70.18 million Equity Capital $5.51 million Loan Loss Allowance $293,000 Unbacked Noncurrent Loans $461,000 Real Estate Owned $33,000 Profit Margin - Quarterly Net Interest Margin 4.55% Return on Assets 0.08% Return on Equity 1.01% Interest Income $2.87 million Non-Interest Income $698,000

Institution Health Overall Score: 5 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 December 31, 2011 Abbey Credit Union had $423,000 in non-current loans and owned real-estate with $5.85 million in equity and loan loss allowances on hand to cover it. This gives Abbey Credit Union a Texas Ratio of 7.23% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Abbey Credit Union decreased slightly from 8.51% as of December 31, 2010 to 7.23% as of December 31, 2011, resulting in a positive change of 15.07%.This indicates that the balance sheet and financial strength for Abbey Credit Union has improved slightly in recent periods. Deposit Growth In the past year, Abbey Credit Union has increased its total deposits by $5.01 million, resulting in 7.75% 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 Abbey Credit Union 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. Abbey Credit Union has $75.34 million in assets with $5.85 million in equity, resulting in a capitalization level of 7.77%, which is below average.

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