Advantage CU (IA)

Advantage CU (IA) is headquartered in Newton and is the 27^th largest credit union in the state of Iowa. It is also the 2,259^th largest credit union in the nation. It was established in 1937 and as of December of 2011, it had grown to 13 employees and 5,353 members. Advantage CU (IA)'s savings rates are 2X the national average, and it boasts a 5-star health rating.

Advantage CU (IA) Checking Account Rates

Advantage CU (IA) Savings Account Rates

Advantage CU (IA) Money Market Rates

Advantage CU (IA) CD Rates

Data for Q4 2011

Institution Statistics ADVANTAGE NCUA # 64030 BankRate Report View Year Chartered 1937 Employees 13 Primary Regulator Assets and Liabilities Assets $49.23 million Loans $28.95 million Deposits $41.37 million Equity Capital $7.16 million Loan Loss Allowance $587,000 Unbacked Noncurrent Loans $470,000 Real Estate Owned $89,000 Historic Data - December 2010 Assets $42.53 million Equity Capital $6.71 million Loan Loss Allowance $576,000 Unbacked Noncurrent Loans $587,000 Real Estate Owned $92,000 Profit Margin - Quarterly Net Interest Margin 5.74% Return on Assets 0.92% Return on Equity 6.31% Interest Income $2.30 million Non-Interest Income $412,000

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 Advantage CU (IA) had $559,000 in non-current loans and owned real-estate with $7.75 million in equity and loan loss allowances on hand to cover it. This gives Advantage CU (IA) a Texas Ratio of 7.21% 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 Advantage CU (IA) decreased slightly from 9.32% as of December 31, 2010 to 7.21% as of December 31, 2011, resulting in a positive change of 22.61%.This indicates that the balance sheet and financial strength for Advantage CU (IA) has improved slightly in recent periods. Deposit Growth In the past year, Advantage CU (IA) has increased its total deposits by $6.11 million, resulting in 17.32% 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 Advantage CU (IA) 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. Advantage CU (IA) has $49.22 million in assets with $7.75 million in equity, resulting in a capitalization level of 15.74%, which is excellent.

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