Credit Union West

Credit Union West is headquartered in Glendale and is the 7^th largest credit union in the state of Arizona. It is also the 436^th largest credit union in the nation. It was established in 1951 and as of September of 2011, it had grown to 169 employees and 47,535 members. Credit Union West has a 5-star health rating.

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Data for Q3 2011

Institution Statistics CREDIT UNION WEST NCUA # 68421 BankRate Report View Year Established 1951 Employees 169 Primary Regulator Assets and Liabilities Assets $445.40 million Loans $306.24 million Deposits $406.42 million Equity Capital $35.68 million Loan Loss Allowance $8.65 million Unbacked Noncurrent Loans $1.70 million Real Estate Owned $500,000 Historic Data - September 2010 Assets $409.76 million Equity Capital $30.63 million Loan Loss Allowance $8.77 million Unbacked Noncurrent Loans $5.45 million Real Estate Owned $382,000 Profit Margin - Quarterly Net Interest Margin 4.25% Return on Assets 0.61% Return on Equity 7.65% Interest Income $14.90 million Non-Interest Income $5.06 million

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 September 30, 2011 Credit Union West had $2.2 million in non-current loans and owned real-estate with $44.33 million in equity and loan loss allowances on hand to cover it. This gives Credit Union West a Texas Ratio of 4.97% 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 Credit Union West decreased significantly from 14.80% as of September 30, 2010 to 4.97% as of September 30, 2011, resulting in a positive change of 66.41%.This indicates that the balance sheet and financial strength for Credit Union West has improved significantly in recent periods. Deposit Growth In the past year, Credit Union West has increased its total deposits by $31.35 million, resulting in 8.36% 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 West 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. Credit Union West has $445.4 million in assets with $44.33 million in equity, resulting in a capitalization level of 9.95%, which is average.

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