Cumberland Municipal Employees

Cumberland Municipal Employees is headquartered in Cumberland and is the 18^st largest credit union in the state of Rhode Island. It is also the 4,788^th largest credit union in the nation. It was established in 1962 and as of December of 2011, it had grown to 2 employees and 1,173 members. Cumberland Municipal Employees has a 5-star health rating.

Data for Q4 2011

Institution Statistics CUMBERLAND MUNICIPAL EMPLOYEES NCUA # 24486 BankRate Report View Year Chartered 1962 Employees 2 Primary Regulator Assets and Liabilities Assets $8.76 million Loans $3.00 million Deposits $7.33 million Equity Capital $1.41 million Loan Loss Allowance $41,000 Unbacked Noncurrent Loans $49,000 Historic Data - December 2010 Assets $8.02 million Equity Capital $1.43 million Loan Loss Allowance $56,000 Unbacked Noncurrent Loans $207,000 Profit Margin - Quarterly Net Interest Margin 7.46% Return on Assets -0.26% Return on Equity -1.63% Interest Income $287,000 Non-Interest Income $7,000

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 Cumberland Municipal Employees had $49,000 in non-current loans and owned real-estate with $1.45 million in equity and loan loss allowances on hand to cover it. This gives Cumberland Municipal Employees a Texas Ratio of 3.38% 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 Cumberland Municipal Employees decreased significantly from 13.90% as of December 31, 2010 to 3.38% as of December 31, 2011, resulting in a positive change of 75.71%.This indicates that the balance sheet and financial strength for Cumberland Municipal Employees has improved significantly in recent periods. Deposit Growth In the past year, Cumberland Municipal Employees has increased its total deposits by $766,000, resulting in 11.67% 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 Cumberland Municipal Employees 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. Cumberland Municipal Employees has $8.76 million in assets with $1.45 million in equity, resulting in a capitalization level of 16.57%, which is excellent.

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