Connecticut State Employees

Connecticut State Employees is headquartered in Hartford and is the largest credit union in the state of Connecticut. It is also the 90^th largest credit union in the nation. It was established in 1946 and as of December of 2011, it had grown to 64 employees and 70,098 members. Connecticut State Employees' savings rates are 44% higher than the national average, and it has a 4-star health rating.

Connecticut State Employees Checking Account Rates

Connecticut State Employees Savings Account Rates

Connecticut State Employees CD Rates

Connecticut State Employees IRA Rates

Data for Q4 2011

Institution Statistics CONNECTICUT STATE EMPLOYEES NCUA # 65728 BankRate Report View Year Chartered 1946 Employees 64 Primary Regulator Assets and Liabilities Assets $1.61 billion Loans $247.94 million Deposits $1.48 billion Equity Capital $126.30 million Loan Loss Allowance $600,000 Unbacked Noncurrent Loans $951,000 Historic Data - December 2010 Assets $1.57 billion Equity Capital $121.15 million Loan Loss Allowance $500,000 Unbacked Noncurrent Loans $537,000 Real Estate Owned $97,000 Profit Margin - Quarterly Net Interest Margin 4.63% Return on Assets 0.3% Return on Equity 3.78% Interest Income $29.08 million Non-Interest Income $1.05 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 Connecticut State Employees had $951,000 in non-current loans and owned real-estate with $126.9 million in equity and loan loss allowances on hand to cover it. This gives Connecticut State Employees a Texas Ratio of 0.75% 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 Connecticut State Employees held steady from 0.52% as of December 31, 2010 to 0.75% as of December 31, 2011, resulting in a negative change of 43.80%. This indicates that the balance sheet and financial strength for Connecticut State Employees has held steady in recent periods. Deposit Growth In the past year, Connecticut State Employees has increased its total deposits by $38.93 million, resulting in 2.7% 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 Connecticut State Employees 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. Connecticut State Employees has $1.61 billion in assets with $126.9 million in equity, resulting in a capitalization level of 7.89%, which is below average.

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