Altaone Credit Union

Altaone Credit Union is headquartered in Ridgecrest and is the 65^th largest credit union in the state of California. It is also the 380^th largest credit union in the nation. It was established in 1947 and as of December of 2012, it had grown to 144 employees and 49,819 members. Altaone Credit Union's money market rates are 14% higher than the national average, and it has a 4-star health rating.

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Altaone Credit Union Money Market Rates

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Data for Q4 2012

Institution Statistics ALTAONE NCUA # 5612 BankRate Report View Year Chartered 1947 Employees 144 Primary Regulator Assets and Liabilities Assets $557.10 million Loans $453.16 million Deposits $503.69 million Equity Capital $50.91 million Loan Loss Allowance $8.68 million Unbacked Noncurrent Loans $6.26 million Real Estate Owned $1.46 million Historic Data - December 2011 Assets $538.98 million Equity Capital $45.38 million Loan Loss Allowance $8.89 million Unbacked Noncurrent Loans $6.01 million Real Estate Owned $1.22 million Profit Margin - Quarterly Net Interest Margin 5.13% Return on Assets 0.88% Return on Equity 9.66% Interest Income $26.42 million Non-Interest Income $6.83 million

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 December 31, 2012 Altaone Credit Union had $7.72 million in non-current loans and owned real-estate with $59.59 million in equity and loan loss allowances on hand to cover it. This gives Altaone Credit Union a Texas Ratio of 12.96% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Altaone Credit Union held steady from 13.33% as of December 31, 2011 to 12.96% as of December 31, 2012, resulting in a positive change of 2.81%.This indicates that the balance sheet and financial strength for Altaone Credit Union has held steady in recent periods. Deposit Growth In the past year, Altaone Credit Union has increased its total deposits by $12.26 million, resulting in 2.49% 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 Altaone Credit Union has shown is above average. 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. Altaone Credit Union has $557.1 million in assets with $59.59 million in equity, resulting in a capitalization level of 10.70%, which is above average.

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