C O Credit Union

C O Credit Union is headquartered in CHARLESTON and is the 72^nd largest credit union in the state of South Carolina. It is also the 6,532^nd largest credit union in the nation. It was established in 1966 and as of December of 2011, it had grown to 1 employees and 431 members. C O Credit Union has a 5-star health rating.

Data for Q4 2011

Institution Statistics C O NCUA # 17655 BankRate Report View Year Chartered 1966 Employees 1 Primary Regulator Assets and Liabilities Assets $1.44 million Loans $767,000 Deposits $1.21 million Equity Capital $224,000 Loan Loss Allowance $13,000 Unbacked Noncurrent Loans $17,000 Historic Data - December 2010 Assets $1.42 million Equity Capital $201,000 Loan Loss Allowance $21,000 Unbacked Noncurrent Loans $21,000 Profit Margin - Quarterly Net Interest Margin 9.66% Return on Assets 1.53% Return on Equity 9.82% Interest Income $79,000 Non-Interest Income $25,000

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 C O Credit Union had $17,000 in non-current loans and owned real-estate with $237,000 in equity and loan loss allowances on hand to cover it. This gives C O Credit Union a Texas Ratio of 7.17% 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 C O Credit Union decreased slightly from 9.46% as of December 31, 2010 to 7.17% as of December 31, 2011, resulting in a positive change of 24.17%.This indicates that the balance sheet and financial strength for C O Credit Union has improved slightly in recent periods. Deposit Growth In the past year, C O Credit Union has decreased its total deposits by $-3,000, resulting in -0.25% 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 C O 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. C O Credit Union has $1.44 million in assets with $237,000 in equity, resulting in a capitalization level of 16.48%, which is excellent.

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