Bay Atlantic Credit Union

Bay Atlantic Credit Union is headquartered in Vineland and is the 44^th largest credit union in the state of New Jersey. It is also the 2,209^th largest credit union in the nation. It was established in 1939 and as of December of 2011, it had grown to 24 employees and 8,619 members. Bay Atlantic Credit Union has a 4-star health rating.

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Data for Q4 2011

Institution Statistics BAY ATLANTIC NCUA # 3541 BankRate Report View Year Chartered 1939 Employees 24 Primary Regulator Assets and Liabilities Assets $51.42 million Loans $27.06 million Deposits $47.02 million Equity Capital $3.61 million Loan Loss Allowance $279,000 Unbacked Noncurrent Loans $508,000 Historic Data - December 2010 Assets $48.05 million Equity Capital $3.55 million Loan Loss Allowance $269,000 Unbacked Noncurrent Loans $309,000 Profit Margin - Quarterly Net Interest Margin 6.52% Return on Assets 0.08% Return on Equity 1.11% Interest Income $2.50 million Non-Interest Income $1.28 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 Bay Atlantic Credit Union had $508,000 in non-current loans and owned real-estate with $3.89 million in equity and loan loss allowances on hand to cover it. This gives Bay Atlantic Credit Union a Texas Ratio of 13.06% 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 Bay Atlantic Credit Union held steady from 8.09% as of December 31, 2010 to 13.06% as of December 31, 2011, resulting in a negative change of 61.32%. This indicates that the balance sheet and financial strength for Bay Atlantic Credit Union has held steady in recent periods. Deposit Growth In the past year, Bay Atlantic Credit Union has increased its total deposits by $3.11 million, resulting in 7.07% 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 Bay Atlantic 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. Bay Atlantic Credit Union has $51.42 million in assets with $3.89 million in equity, resulting in a capitalization level of 7.57%, which is below average.

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