Culver City Employees

Culver City Employees is headquartered in Culver City and is the 283^rd largest credit union in the state of California. It is also the 3,444^th largest credit union in the nation. It was established in 1950 and as of December of 2011, it had grown to 5 employees and 1,886 members. Culver City Employees' savings rates are 25% higher than the national average, and it has a 4-star health rating.

Culver City Employees Checking Account Rates

Culver City Employees Savings Account Rates

Data for Q4 2011

Institution Statistics CULVER CITY EMPLOYEES NCUA # 6695 BankRate Report View Year Chartered 1950 Employees 5 Primary Regulator Assets and Liabilities Assets $21.54 million Loans $10.15 million Deposits $19.58 million Equity Capital $1.85 million Loan Loss Allowance $116,000 Unbacked Noncurrent Loans $157,000 Historic Data - December 2010 Assets $20.74 million Equity Capital $1.92 million Loan Loss Allowance $100,000 Unbacked Noncurrent Loans $91,000 Profit Margin - Quarterly Net Interest Margin 5.54% Return on Assets -0.36% Return on Equity -4.22% Interest Income $732,000 Non-Interest Income $23,000

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 Culver City Employees had $157,000 in non-current loans and owned real-estate with $1.96 million in equity and loan loss allowances on hand to cover it. This gives Culver City Employees a Texas Ratio of 7.99% 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 Culver City Employees held steady from 4.50% as of December 31, 2010 to 7.99% as of December 31, 2011, resulting in a negative change of 77.45%. This indicates that the balance sheet and financial strength for Culver City Employees has held steady in recent periods. Deposit Growth In the past year, Culver City Employees has increased its total deposits by $888,000, resulting in 4.75% 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 Culver City 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. Culver City Employees has $21.54 million in assets with $1.96 million in equity, resulting in a capitalization level of 9.12%, which is average.

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