Area Community Credit Union

Area Community Credit Union is headquartered in Grand Forks and is the 22^nd largest credit union in the state of North Dakota. It is also the 3,498^th largest credit union in the nation. It was established in 1964 and as of December of 2011, it had grown to 6 employees and 2,437 members. Area Community Credit Union has a 4-star health rating.

Area Community Credit Union Routing Number: 291378606

Data for Q4 2011

Institution Statistics AREA COMMUNITY NCUA # 64294 BankRate Report View Year Chartered 1964 Employees 6 Primary Regulator Assets and Liabilities Assets $20.81 million Loans $11.02 million Deposits $18.59 million Equity Capital $2.18 million Loan Loss Allowance $342,000 Unbacked Noncurrent Loans $496,000 Historic Data - December 2010 Assets $19.67 million Equity Capital $1.90 million Loan Loss Allowance $318,000 Unbacked Noncurrent Loans $467,000 Real Estate Owned $20,000 Profit Margin - Quarterly Net Interest Margin 7.11% Return on Assets 1.33% Return on Equity 12.72% Interest Income $868,000 Non-Interest Income $207,000

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 December 31, 2011 Area Community Credit Union had $496,000 in non-current loans and owned real-estate with $2.52 million in equity and loan loss allowances on hand to cover it. This gives Area Community Credit Union a Texas Ratio of 19.69% 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 Area Community Credit Union held steady from 21.97% as of December 31, 2010 to 19.69% as of December 31, 2011, resulting in a positive change of 10.36%.This indicates that the balance sheet and financial strength for Area Community Credit Union has held steady in recent periods. Deposit Growth In the past year, Area Community Credit Union has increased its total deposits by $888,000, resulting in 5.02% 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 Area Community 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. Area Community Credit Union has $20.81 million in assets with $2.52 million in equity, resulting in a capitalization level of 12.11%, which is excellent.

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