Co-Op Credit Union Of Montevideo

Co-Op Credit Union Of Montevideo is headquartered in MONTEVIDEO and is the 24^th largest credit union in the state of Minnesota. It is also the 1,146^th largest credit union in the nation. It was established in 1940 and as of December of 2011, it had grown to 31 employees and 11,409 members. Co-Op Credit Union Of Montevideo's savings rates are 92% higher than the national average, and it boasts a 5-star health rating.

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Data for Q4 2011

Institution Statistics CO-OP CREDIT UNION OF MONTEVIDEO NCUA # 62419 BankRate Report View Year Chartered 1940 Employees 31 Primary Regulator Assets and Liabilities Assets $136.19 million Loans $96.55 million Deposits $120.32 million Equity Capital $14.79 million Loan Loss Allowance $1.72 million Unbacked Noncurrent Loans $2.00 million Real Estate Owned $40,000 Historic Data - December 2010 Assets $125.11 million Equity Capital $12.79 million Loan Loss Allowance $1.74 million Unbacked Noncurrent Loans $1.36 million Profit Margin - Quarterly Net Interest Margin 4.96% Return on Assets 1.44% Return on Equity 13.28% Interest Income $5.90 million Non-Interest Income $942,000

Institution Health Overall Score: 5 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 Co-Op Credit Union Of Montevideo had $2.04 million in non-current loans and owned real-estate with $16.5 million in equity and loan loss allowances on hand to cover it. This gives Co-Op Credit Union Of Montevideo a Texas Ratio of 12.33% 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 Co-Op Credit Union Of Montevideo held steady from 9.39% as of December 31, 2010 to 12.33% as of December 31, 2011, resulting in a negative change of 31.35%. This indicates that the balance sheet and financial strength for Co-Op Credit Union Of Montevideo has held steady in recent periods. Deposit Growth In the past year, Co-Op Credit Union Of Montevideo has increased its total deposits by $9.07 million, resulting in 8.16% 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 Co-Op Credit Union Of Montevideo 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. Co-Op Credit Union Of Montevideo has $136.19 million in assets with $16.5 million in equity, resulting in a capitalization level of 12.12%, which is excellent.

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