Canton School Employees Credit Union

Canton School Employees Credit Union is headquartered in Canton and is the 35^th largest credit union in the state of Ohio. It is also the 1,064^th largest credit union in the nation. It was established in 1938 and as of December of 2011, it had grown to 66 employees and 29,443 members. Canton School Employees Credit Union's savings rates are 94% higher than the national average, and it has a 4-star health rating.

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Data for Q4 2011

Institution Statistics CANTON SCHOOL EMPLOYEES NCUA # 2535 BankRate Report View Year Chartered 1938 Employees 66 Primary Regulator Assets and Liabilities Assets $149.42 million Loans $110.28 million Deposits $134.49 million Equity Capital $14.22 million Loan Loss Allowance $2.03 million Unbacked Noncurrent Loans $1.96 million Real Estate Owned $418,000 Historic Data - December 2010 Assets $130.50 million Equity Capital $11.52 million Loan Loss Allowance $1.68 million Unbacked Noncurrent Loans $1.48 million Profit Margin - Quarterly Net Interest Margin 8.25% Return on Assets 1.81% Return on Equity 18.97% Interest Income $10.55 million Non-Interest Income $3.52 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 Canton School Employees Credit Union had $2.38 million in non-current loans and owned real-estate with $16.25 million in equity and loan loss allowances on hand to cover it. This gives Canton School Employees Credit Union a Texas Ratio of 14.65% 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 Canton School Employees Credit Union held steady from 11.18% as of December 31, 2010 to 14.65% as of December 31, 2011, resulting in a negative change of 31.03%. This indicates that the balance sheet and financial strength for Canton School Employees Credit Union has held steady in recent periods. Deposit Growth In the past year, Canton School Employees Credit Union has increased its total deposits by $16.12 million, resulting in 13.62% 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 Canton School Employees 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. Canton School Employees Credit Union has $149.42 million in assets with $16.25 million in equity, resulting in a capitalization level of 10.87%, which is above average.

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