Ascend Credit Union

Ascend Credit Union is headquartered in TULLAHOMA and is the 2^nd largest credit union in the state of Tennessee. It is also the 103^rd largest credit union in the nation. It was established in 1951 and as of December of 2011, it had grown to 291 employees and 135,781 members. Ascend Credit Union has a 5-star health rating.

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Data for Q4 2011

Institution Statistics ASCEND NCUA # 7397 BankRate Report View Year Chartered 1951 Employees 291 Primary Regulator Assets and Liabilities Assets $1.51 billion Loans $818.56 million Deposits $1.25 billion Equity Capital $247.16 million Loan Loss Allowance $6.21 million Unbacked Noncurrent Loans $4.06 million Real Estate Owned $826,000 Historic Data - December 2010 Assets $1.39 billion Equity Capital $225.66 million Loan Loss Allowance $6.31 million Unbacked Noncurrent Loans $3.99 million Real Estate Owned $1.44 million Profit Margin - Quarterly Net Interest Margin 4.5% Return on Assets 0.88% Return on Equity 5.35% Interest Income $49.61 million Non-Interest Income $19.88 million

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 Ascend Credit Union had $4.89 million in non-current loans and owned real-estate with $253.37 million in equity and loan loss allowances on hand to cover it. This gives Ascend Credit Union a Texas Ratio of 1.93% 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 Ascend Credit Union decreased slightly from 2.34% as of December 31, 2010 to 1.93% as of December 31, 2011, resulting in a positive change of 17.52%.This indicates that the balance sheet and financial strength for Ascend Credit Union has improved slightly in recent periods. Deposit Growth In the past year, Ascend Credit Union has increased its total deposits by $88.04 million, resulting in 7.58% 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 Ascend 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. Ascend Credit Union has $1.51 billion in assets with $253.37 million in equity, resulting in a capitalization level of 16.79%, which is excellent.

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