Comm-Scope Credit Union

Comm-Scope Credit Union is headquartered in CATAWBA and is the 52^nd largest credit union in the state of North Carolina. It is also the 3,186^th largest credit union in the nation. It was established in 1986 and as of December of 2011, it had grown to 9 employees and 3,191 members. Comm-Scope Credit Union has a 4-star health rating.

Comm-Scope Credit Union Routing Number: 053185105

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Comm-Scope Credit Union IRA Rates

Data for Q4 2011

Institution Statistics COMM-SCOPE NCUA # 66856 BankRate Report View Year Chartered 1986 Employees 9 Primary Regulator Assets and Liabilities Assets $25.23 million Loans $12.39 million Deposits $21.07 million Equity Capital $4.03 million Loan Loss Allowance $126,000 Unbacked Noncurrent Loans $331,000 Real Estate Owned $142,000 Historic Data - December 2010 Assets $25.11 million Equity Capital $4.21 million Loan Loss Allowance $48,000 Unbacked Noncurrent Loans $490,000 Real Estate Owned $16,000 Profit Margin - Quarterly Net Interest Margin 6.91% Return on Assets -0.81% Return on Equity -5.07% Interest Income $995,000 Non-Interest Income $123,000

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 Comm-Scope Credit Union had $473,000 in non-current loans and owned real-estate with $4.15 million in equity and loan loss allowances on hand to cover it. This gives Comm-Scope Credit Union a Texas Ratio of 11.39% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Comm-Scope Credit Union held steady from 11.88% as of December 31, 2010 to 11.39% as of December 31, 2011, resulting in a positive change of 4.04%.This indicates that the balance sheet and financial strength for Comm-Scope Credit Union has held steady in recent periods. Deposit Growth In the past year, Comm-Scope Credit Union has increased its total deposits by $338,000, resulting in 1.63% 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 Comm-Scope Credit Union has shown is above 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. Comm-Scope Credit Union has $25.23 million in assets with $4.15 million in equity, resulting in a capitalization level of 16.45%, which is excellent.

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