Institution Statistics
| CME | | NCUA # | 294 | | BankRate Report | View | | Year Chartered | 1935 | | Employees | 57 | | Primary Regulator | |
Assets and Liabilities | | Assets | $210.31 million | | Loans | $135.69 million | | Deposits | $190.45 million | | Equity Capital | $19.21 million | | Loan Loss Allowance | $257,000 | | Unbacked Noncurrent Loans | $802,000 | | Real Estate Owned | $208,000 |
Historic Data - December 2010 | | Assets | $199.25 million | | Equity Capital | $17.91 million | | Loan Loss Allowance | $483,000 | | Unbacked Noncurrent Loans | $1.07 million | | Real Estate Owned | $321,000 |
Profit Margin - Quarterly | | Net Interest Margin | 4.01% | | Return on Assets | 0.36% | | Return on Equity | 3.94% | | Interest Income | $8.21 million | | Non-Interest Income | $3.24 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 CME Credit Union had $1.01 million in non-current loans and owned real-estate with $19.47 million in equity and loan loss allowances on hand to cover it. This gives CME Credit Union a Texas Ratio of 5.19% 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 CME Credit Union decreased slightly from 7.56% as of December 31, 2010 to 5.19% as of December 31, 2011, resulting in a positive change of 31.39%.This indicates that the balance sheet and financial strength for CME Credit Union has improved slightly in recent periods. | | Deposit Growth | | | In the past year, CME Credit Union has increased its total deposits by $9.74 million, resulting in 5.39% 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 CME 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. CME Credit Union has $210.31 million in assets with $19.47 million in equity, resulting in a capitalization level of 9.26%, which is average. |
|
Average User Rating:
2% On All Deposits
This Columbus, Ohio, credit union pays 2% on all checking and savings with a minimum 25 debit card transactions per month. The customer service is fine. The only drawback, and this is minor in my opinion, is the limited integration with Quicken personal finance software. CME doesn't export the name of the payee to Quicken. But it does export the proper amount of each transaction and the correct date, so that's good enough in return for 2% interest without a ceiling. CME's web site fully displays the payee and all information on the transactions, including handy little icons for some of the better-known merchants.