Chicago Municipal Employees Credit Union

Chicago Municipal Employees Credit Union is headquartered in Chicago and is the 93^rd largest credit union in the state of Illinois. It is also the 2,839^th largest credit union in the nation. It was established in 1926 and as of December of 2011, it had grown to 22 employees and 17,165 members. Chicago Municipal Employees Credit Union's savings rates are 63% higher than the national average, and it boasts a 5-star health rating.

Chicago Municipal Employees Credit Union Savings Account Rates

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Chicago Municipal Employees Credit Union IRA Rates

Data for Q4 2011

Institution Statistics CHICAGO MUNICIPAL EMPLOYEES NCUA # 65932 BankRate Report View Year Chartered 1926 Employees 22 Primary Regulator Assets and Liabilities Assets $31.87 million Loans $20.84 million Deposits $26.51 million Equity Capital $5.20 million Loan Loss Allowance $576,000 Unbacked Noncurrent Loans $454,000 Historic Data - December 2010 Assets $31.87 million Equity Capital $5.11 million Loan Loss Allowance $569,000 Unbacked Noncurrent Loans $453,000 Profit Margin - Quarterly Net Interest Margin 10.03% Return on Assets 0.26% Return on Equity 1.62% Interest Income $2.27 million Non-Interest Income $891,000

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 Chicago Municipal Employees Credit Union had $454,000 in non-current loans and owned real-estate with $5.77 million in equity and loan loss allowances on hand to cover it. This gives Chicago Municipal Employees Credit Union a Texas Ratio of 7.87% 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 Chicago Municipal Employees Credit Union held steady from 7.98% as of December 31, 2010 to 7.87% as of December 31, 2011, resulting in a positive change of 1.38%.This indicates that the balance sheet and financial strength for Chicago Municipal Employees Credit Union has held steady in recent periods. Deposit Growth In the past year, Chicago Municipal Employees Credit Union has increased its total deposits by $7,000, resulting in 0.03% 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 Chicago Municipal Employees 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. Chicago Municipal Employees Credit Union has $31.87 million in assets with $5.77 million in equity, resulting in a capitalization level of 18.11%, which is excellent.

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