Chippewa Eagle CU

Chippewa Eagle CU is headquartered in MT PLEASANT and is the 289^th largest credit union in the state of Michigan. It is also the 6,066^th largest credit union in the nation. It was established in 2010 and as of December of 2011, it had grown to 4 employees and 1,056 members. Chippewa Eagle CU has a 4-star health rating.

Data for Q4 2011

Institution Statistics CHIPPEWA EAGLE NCUA # 24828 BankRate Report View Year Chartered 2010 Employees 4 Primary Regulator Assets and Liabilities Assets $2.87 million Loans $789,000 Deposits $2.32 million Equity Capital $329,000 Loan Loss Allowance $8,000 Unbacked Noncurrent Loans $39,000 Historic Data - December 2010 Profit Margin - Quarterly Net Interest Margin 5.78% Return on Assets -5.08% Return on Equity -44.38% Interest Income $50,000 Non-Interest Income $97,000

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 Chippewa Eagle CU had $39,000 in non-current loans and owned real-estate with $337,000 in equity and loan loss allowances on hand to cover it. This gives Chippewa Eagle CU a Texas Ratio of 11.57% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. 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. Chippewa Eagle CU has $2.87 million in assets with $337,000 in equity, resulting in a capitalization level of 11.73%, which is above average.

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