Corry Credit Union

Corry Credit Union is headquartered in Corry and is the 143^rd largest credit union in the state of Pennsylvania. It is also the 2,815^st largest credit union in the nation. It was established in 1958 and as of December of 2011, it had grown to 12 employees and 4,976 members. Corry Credit Union's savings rates are 2X the national average, and it has a 3-star health rating.

Corry Credit Union Checking Account Rates

Corry Credit Union Savings Account Rates

Corry Credit Union Money Market Rates

Data for Q4 2011

Institution Statistics CORRY NCUA # 12643 BankRate Report View Year Chartered 1958 Employees 12 Primary Regulator Assets and Liabilities Assets $32.32 million Loans $21.02 million Deposits $28.62 million Equity Capital $3.48 million Loan Loss Allowance $80,000 Unbacked Noncurrent Loans $649,000 Real Estate Owned $16,000 Historic Data - December 2010 Assets $31.24 million Equity Capital $3.09 million Loan Loss Allowance $181,000 Unbacked Noncurrent Loans $265,000 Real Estate Owned $40,000 Profit Margin - Quarterly Net Interest Margin 5.67% Return on Assets 1.2% Return on Equity 11.14% Interest Income $1.56 million Non-Interest Income $431,000

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 Corry Credit Union had $665,000 in non-current loans and owned real-estate with $3.56 million in equity and loan loss allowances on hand to cover it. This gives Corry Credit Union a Texas Ratio of 18.66% 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 Corry Credit Union increased slightly from 9.31% as of December 31, 2010 to 18.66% as of December 31, 2011, resulting in a negative change of 100.41%. This indicates that the balance sheet and financial strength for Corry Credit Union has declined slightly in recent periods. Deposit Growth In the past year, Corry Credit Union has increased its total deposits by $566,000, resulting in 2.02% 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 Corry 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. Corry Credit Union has $32.32 million in assets with $3.56 million in equity, resulting in a capitalization level of 11.02%, which is above average.

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