Colfax Power Plant Employees Credit Union

Colfax Power Plant Employees Credit Union is headquartered in SPRINGDALE and is the 324^th largest credit union in the state of Pennsylvania. It is also the 5,165^th largest credit union in the nation. It was established in 1939 and as of December of 2011, it had grown to 2 employees and 1,036 members. Colfax Power Plant Employees Credit Union's savings rates are 92% higher than the national average, and it has a 4-star health rating.

Colfax Power Plant Employees Credit Union Savings Account Rates

Colfax Power Plant Employees Credit Union CD Rates

Data for Q4 2011

Institution Statistics COLFAX POWER PLANT EMPLOYEES NCUA # 3237 BankRate Report View Year Chartered 1939 Employees 2 Primary Regulator Assets and Liabilities Assets $6.82 million Loans $4.18 million Deposits $5.95 million Equity Capital $829,000 Loan Loss Allowance $51,000 Unbacked Noncurrent Loans $208,000 Historic Data - December 2010 Assets $6.45 million Equity Capital $784,000 Loan Loss Allowance $47,000 Unbacked Noncurrent Loans $152,000 Profit Margin - Quarterly Net Interest Margin 5.56% Return on Assets 0.59% Return on Equity 4.83% Interest Income $282,000 Non-Interest Income $20,000

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 Colfax Power Plant Employees Credit Union had $208,000 in non-current loans and owned real-estate with $880,000 in equity and loan loss allowances on hand to cover it. This gives Colfax Power Plant Employees Credit Union a Texas Ratio of 23.64% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Colfax Power Plant Employees Credit Union increased slightly from 18.29% as of December 31, 2010 to 23.64% as of December 31, 2011, resulting in a negative change of 29.22%. This indicates that the balance sheet and financial strength for Colfax Power Plant Employees Credit Union has declined slightly in recent periods. Deposit Growth In the past year, Colfax Power Plant Employees Credit Union has increased its total deposits by $336,000, resulting in 5.98% 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 Colfax Power Plant Employees 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. Colfax Power Plant Employees Credit Union has $6.82 million in assets with $880,000 in equity, resulting in a capitalization level of 12.91%, which is excellent.

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