Credit Union One

Credit Union One is headquartered in West Jordan and is the 26^th largest credit union in the state of Utah. It is also the 2,064^th largest credit union in the nation. It was established in 1951 and as of December of 2011, it had grown to 15 employees and 9,245 members. Credit Union One has a 2-star health rating.

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Data for Q4 2011

Institution Statistics CREDIT UNION ONE NCUA # 61922 BankRate Report View Year Chartered 1951 Employees 15 Primary Regulator Assets and Liabilities Assets $57.46 million Loans $33.08 million Deposits $54.05 million Equity Capital $2.92 million Loan Loss Allowance $1.51 million Unbacked Noncurrent Loans $2.24 million Real Estate Owned $281,000 Historic Data - December 2010 Assets $61.92 million Equity Capital $3.28 million Loan Loss Allowance $1.78 million Unbacked Noncurrent Loans $2.03 million Real Estate Owned $569,000 Profit Margin - Quarterly Net Interest Margin 6.34% Return on Assets -0.61% Return on Equity -12.08% Interest Income $2.25 million Non-Interest Income $941,000

Institution Health Overall Score: 2 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 Credit Union One had $2.52 million in non-current loans and owned real-estate with $4.43 million in equity and loan loss allowances on hand to cover it. This gives Credit Union One a Texas Ratio of 56.84% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Credit Union One held steady from 51.40% as of December 31, 2010 to 56.84% as of December 31, 2011, resulting in a negative change of 10.58%. This indicates that the balance sheet and financial strength for Credit Union One has held steady in recent periods. Deposit Growth In the past year, Credit Union One has decreased its total deposits by -$3.89 million, resulting in -6.72% 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 Credit Union One has shown is poor. 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. Credit Union One has $57.46 million in assets with $4.43 million in equity, resulting in a capitalization level of 7.72%, which is below average.

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