Associated School Employees Credit Union

Associated School Employees Credit Union is headquartered in Youngstown and is the 38^th largest credit union in the state of Ohio. It is also the 1,096^th largest credit union in the nation. It was established in 1958 and as of December of 2011, it had grown to 43 employees and 20,484 members. Associated School Employees Credit Union has a 4-star health rating.

Associated School Employees Credit Union Savings Account Rates

Associated School Employees Credit Union CD Rates

Data for Q4 2011

Institution Statistics ASSOCIATED SCHOOL EMPLOYEES NCUA # 68587 BankRate Report View Year Chartered 1958 Employees 43 Primary Regulator Assets and Liabilities Assets $144.49 million Loans $66.36 million Deposits $129.34 million Equity Capital $14.58 million Loan Loss Allowance $514,000 Unbacked Noncurrent Loans $1.87 million Historic Data - December 2010 Assets $144.16 million Equity Capital $14.45 million Loan Loss Allowance $594,000 Unbacked Noncurrent Loans $2.09 million Profit Margin - Quarterly Net Interest Margin 5.66% Return on Assets 0.09% Return on Equity 0.88% Interest Income $5.32 million Non-Interest Income $1.24 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, 2011 Associated School Employees Credit Union had $1.87 million in non-current loans and owned real-estate with $15.09 million in equity and loan loss allowances on hand to cover it. This gives Associated School Employees Credit Union a Texas Ratio of 12.37% 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 Associated School Employees Credit Union held steady from 13.86% as of December 31, 2010 to 12.37% as of December 31, 2011, resulting in a positive change of 10.74%.This indicates that the balance sheet and financial strength for Associated School Employees Credit Union has held steady in recent periods. Deposit Growth In the past year, Associated School Employees Credit Union has increased its total deposits by $246,000, resulting in 0.19% 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 Associated School Employees Credit Union has shown is 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. Associated School Employees Credit Union has $144.49 million in assets with $15.09 million in equity, resulting in a capitalization level of 10.45%, which is above average.

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