Attleboro M E Credit Union

Attleboro M E Credit Union is headquartered in ATTLEBORO and is the 117^st largest credit union in the state of Massachusetts. It is also the 3,989^th largest credit union in the nation. It was established in 1964 and as of December of 2011, it had grown to 4 employees and 1,764 members. Attleboro M E Credit Union has a 5-star health rating.

Attleboro M E Credit Union Checking Account Rates

Attleboro M E Credit Union Savings Account Rates

Attleboro M E Credit Union Money Market Rates

Data for Q4 2011

Institution Statistics ATTLEBORO M E NCUA # 16011 BankRate Report View Year Chartered 1964 Employees 4 Primary Regulator Assets and Liabilities Assets $14.94 million Loans $3.74 million Deposits $12.76 million Equity Capital $2.15 million Loan Loss Allowance $14,000 Historic Data - December 2010 Assets $13.68 million Equity Capital $2.18 million Loan Loss Allowance $15,000 Unbacked Noncurrent Loans $18,000 Profit Margin - Quarterly Net Interest Margin 6.76% Return on Assets -0.22% Return on Equity -1.54% Interest Income $351,000 Non-Interest Income $58,000

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 Attleboro M E Credit Union had $0 in non-current loans and owned real-estate with $2.16 million in equity and loan loss allowances on hand to cover it. This gives Attleboro M E Credit Union a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Deposit Growth In the past year, Attleboro M E Credit Union has increased its total deposits by $1.29 million, resulting in 11.25% 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 Attleboro M E 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. Attleboro M E Credit Union has $14.94 million in assets with $2.16 million in equity, resulting in a capitalization level of 14.48%, which is excellent.

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