Brunswick County Teachers Credit Union

Brunswick County Teachers Credit Union is headquartered in Lawrenceville and is the 172^nd largest credit union in the state of Virginia. It is also the 6,700^th largest credit union in the nation. It was established in 1955 and as of December of 2011, it had grown to employees and 423 members. Brunswick County Teachers Credit Union has a 5-star health rating.

Data for Q4 2011

Institution Statistics BRUNSWICK COUNTY TEACHERS NCUA # 10636 BankRate Report View Year Chartered 1955 Employees 0 Primary Regulator Assets and Liabilities Assets $1.01 million Loans $386,000 Deposits $788,000 Equity Capital $215,000 Loan Loss Allowance $6,000 Unbacked Noncurrent Loans $7,000 Historic Data - December 2010 Assets $965,000 Equity Capital $223,000 Loan Loss Allowance $7,000 Unbacked Noncurrent Loans $4,000 Profit Margin - Quarterly Net Interest Margin 10.51% Return on Assets -0.6% Return on Equity -2.79% Interest Income $43,000

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 Brunswick County Teachers Credit Union had $7,000 in non-current loans and owned real-estate with $221,000 in equity and loan loss allowances on hand to cover it. This gives Brunswick County Teachers Credit Union a Texas Ratio of 3.17% 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 Brunswick County Teachers Credit Union held steady from 1.74% as of December 31, 2010 to 3.17% as of December 31, 2011, resulting in a negative change of 82.13%. This indicates that the balance sheet and financial strength for Brunswick County Teachers Credit Union has held steady in recent periods. Deposit Growth In the past year, Brunswick County Teachers Credit Union has increased its total deposits by $50,000, resulting in 6.78% 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 Brunswick County Teachers 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. Brunswick County Teachers Credit Union has $1.01 million in assets with $221,000 in equity, resulting in a capitalization level of 21.97%, which is excellent.

No reviews have been left for this bank yet. Be the first to review.