Columbus Credit Union

Columbus Credit Union is headquartered in Warren and is the 10^st largest credit union in the state of Rhode Island. It is also the 1,853^rd largest credit union in the nation. It was established in 1950 and as of December of 2011, it had grown to 20 employees and 6,409 members. Columbus Credit Union has a 3-star health rating.

Columbus Credit Union Routing Number: 211590655

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Data for Q4 2011

Institution Statistics COLUMBUS NCUA # 66817 BankRate Report View Year Chartered 1950 Employees 20 Primary Regulator Assets and Liabilities Assets $67.92 million Loans $51.60 million Deposits $63.20 million Equity Capital $4.30 million Loan Loss Allowance $1.19 million Unbacked Noncurrent Loans $2.88 million Real Estate Owned $635,000 Historic Data - December 2010 Assets $63.57 million Equity Capital $5.32 million Loan Loss Allowance $433,000 Unbacked Noncurrent Loans $1.52 million Profit Margin - Quarterly Net Interest Margin 4.92% Return on Assets -1.51% Return on Equity -23.84% Interest Income $2.58 million Non-Interest Income $797,000

Institution Health Overall Score: 3 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 Columbus Credit Union had $3.51 million in non-current loans and owned real-estate with $5.48 million in equity and loan loss allowances on hand to cover it. This gives Columbus Credit Union a Texas Ratio of 64.00% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Columbus Credit Union increased slightly from 26.41% as of December 31, 2010 to 64.00% as of December 31, 2011, resulting in a negative change of 142.32%. This indicates that the balance sheet and financial strength for Columbus Credit Union has declined slightly in recent periods. Deposit Growth In the past year, Columbus Credit Union has increased its total deposits by $5.33 million, resulting in 9.21% 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 Columbus 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. Columbus Credit Union has $67.92 million in assets with $5.48 million in equity, resulting in a capitalization level of 8.07%, which is average.

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