Caribe Credit Union

Caribe Credit Union is headquartered in San Juan and is the largest credit union in the state of PR. It is also the 796^th largest credit union in the nation. It was established in 1951 and as of December of 2011, it had grown to 59 employees and 20,851 members. Caribe Credit Union's savings rates are 4X the national average, and it boasts a 5-star health rating.

Caribe Credit Union Checking Account Rates

Caribe Credit Union Savings Account Rates

Caribe Credit Union CD Rates

Data for Q4 2011

Institution Statistics CARIBE NCUA # 7345 BankRate Report View Year Chartered 1951 Employees 59 Primary Regulator Assets and Liabilities Assets $225.82 million Loans $146.62 million Deposits $187.58 million Equity Capital $35.13 million Loan Loss Allowance $1.31 million Unbacked Noncurrent Loans $308,000 Historic Data - December 2010 Assets $217.89 million Equity Capital $33.16 million Loan Loss Allowance $1.85 million Unbacked Noncurrent Loans $495,000 Real Estate Owned $376,000 Profit Margin - Quarterly Net Interest Margin 4.37% Return on Assets 0.82% Return on Equity 5.3% Interest Income $10.04 million Non-Interest Income $1.12 million

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 Caribe Credit Union had $308,000 in non-current loans and owned real-estate with $36.44 million in equity and loan loss allowances on hand to cover it. This gives Caribe Credit Union a Texas Ratio of 0.85% 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 Caribe Credit Union decreased significantly from 2.49% as of December 31, 2010 to 0.85% as of December 31, 2011, resulting in a positive change of 66.02%.This indicates that the balance sheet and financial strength for Caribe Credit Union has improved significantly in recent periods. Deposit Growth In the past year, Caribe Credit Union has increased its total deposits by $7.47 million, resulting in 4.15% 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 Caribe Credit Union has shown is above 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. Caribe Credit Union has $225.82 million in assets with $36.44 million in equity, resulting in a capitalization level of 16.14%, which is excellent.

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