Chessie Credit Union

Chessie Credit Union is headquartered in Cumberland and is the 24^th largest credit union in the state of Maryland. It is also the 763^rd largest credit union in the nation. It was established in 1948 and as of December of 2011, it had grown to 85 employees and 28,751 members. Chessie Credit Union's savings rates are 3X the national average, and it boasts a 5-star health rating.

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Data for Q4 2011

Institution Statistics CHESSIE NCUA # 5636 BankRate Report View Year Chartered 1948 Employees 85 Primary Regulator Assets and Liabilities Assets $238.89 million Loans $147.14 million Deposits $217.05 million Equity Capital $19.24 million Loan Loss Allowance $809,000 Unbacked Noncurrent Loans $1.31 million Real Estate Owned $31,000 Historic Data - December 2010 Assets $221.62 million Equity Capital $18.62 million Loan Loss Allowance $690,000 Unbacked Noncurrent Loans $649,000 Real Estate Owned $17,000 Profit Margin - Quarterly Net Interest Margin 4.56% Return on Assets 0.23% Return on Equity 2.84% Interest Income $9.42 million Non-Interest Income $3.25 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 Chessie Credit Union had $1.34 million in non-current loans and owned real-estate with $20.05 million in equity and loan loss allowances on hand to cover it. This gives Chessie Credit Union a Texas Ratio of 6.71% 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 Chessie Credit Union held steady from 3.45% as of December 31, 2010 to 6.71% as of December 31, 2011, resulting in a negative change of 94.45%. This indicates that the balance sheet and financial strength for Chessie Credit Union has held steady in recent periods. Deposit Growth In the past year, Chessie Credit Union has increased its total deposits by $16.2 million, resulting in 8.07% 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 Chessie 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. Chessie Credit Union has $238.89 million in assets with $20.05 million in equity, resulting in a capitalization level of 8.39%, which is average.

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