Bright Hope Credit Union

Bright Hope Credit Union is headquartered in PHILADELPHIA and is the 485^th largest credit union in the state of Pennsylvania. It is also the 6,968^th largest credit union in the nation. It was established in 1958 and as of December of 2011, it had grown to employees and 421 members. Bright Hope Credit Union has a 3-star health rating.

Data for Q4 2011

Institution Statistics BRIGHT HOPE NCUA # 12447 BankRate Report View Year Chartered 1958 Employees 0 Primary Regulator Assets and Liabilities Assets $454,000 Loans $253,000 Deposits $381,000 Equity Capital $68,000 Loan Loss Allowance $40,000 Unbacked Noncurrent Loans $29,000 Historic Data - December 2010 Assets $524,000 Equity Capital $74,000 Loan Loss Allowance $40,000 Unbacked Noncurrent Loans $13,000 Profit Margin - Quarterly Net Interest Margin 8.83% Return on Assets -1.1% Return on Equity -7.35% Interest Income $25,000 Non-Interest Income $1,000

Institution Health Overall Score: 3 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 Bright Hope Credit Union had $29,000 in non-current loans and owned real-estate with $108,000 in equity and loan loss allowances on hand to cover it. This gives Bright Hope Credit Union a Texas Ratio of 26.85% 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 Bright Hope Credit Union increased slightly from 11.40% as of December 31, 2010 to 26.85% as of December 31, 2011, resulting in a negative change of 135.47%. This indicates that the balance sheet and financial strength for Bright Hope Credit Union has declined slightly in recent periods. Deposit Growth In the past year, Bright Hope Credit Union has decreased its total deposits by $-62,000, resulting in -14% 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 Bright Hope Credit Union has shown is poor. 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. Bright Hope Credit Union has $454,000 in assets with $108,000 in equity, resulting in a capitalization level of 23.79%, which is excellent.

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