Community Choice CU (MI)

Community Choice CU (MI) is headquartered in FARMINGTON HILL and is the 19^st largest credit union in the state of Michigan. It is also the 433^rd largest credit union in the nation. It was established in 1935 and as of December of 2011, it had grown to 136 employees and 50,116 members. Community Choice CU (MI) has a 4-star health rating.

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Data for Q4 2011

Institution Statistics COMMUNITY CHOICE NCUA # 64880 BankRate Report View Year Chartered 1935 Employees 136 Primary Regulator Assets and Liabilities Assets $450.89 million Loans $333.50 million Deposits $403.64 million Equity Capital $40.40 million Loan Loss Allowance $8.16 million Unbacked Noncurrent Loans $5.97 million Real Estate Owned $3.03 million Historic Data - December 2010 Assets $435.25 million Equity Capital $35.31 million Loan Loss Allowance $9.84 million Unbacked Noncurrent Loans $9.34 million Real Estate Owned $3.59 million Profit Margin - Quarterly Net Interest Margin 5.78% Return on Assets 1.03% Return on Equity 11.5% Interest Income $20.63 million Non-Interest Income $9.22 million

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 Community Choice CU (MI) had $9 million in non-current loans and owned real-estate with $48.56 million in equity and loan loss allowances on hand to cover it. This gives Community Choice CU (MI) a Texas Ratio of 18.53% 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 Community Choice CU (MI) decreased slightly from 28.62% as of December 31, 2010 to 18.53% as of December 31, 2011, resulting in a positive change of 35.25%.This indicates that the balance sheet and financial strength for Community Choice CU (MI) has improved slightly in recent periods. Deposit Growth In the past year, Community Choice CU (MI) has increased its total deposits by $11.41 million, resulting in 2.91% 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 Community Choice CU (MI) 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. Community Choice CU (MI) has $450.89 million in assets with $48.56 million in equity, resulting in a capitalization level of 10.77%, which is above average.

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