Dakota West Credit Union

Dakota West Credit Union is headquartered in Watford City and is the 5^th largest credit union in the state of North Dakota. It is also the 1,011^st largest credit union in the nation. It was established in 1941 and as of December of 2011, it had grown to 39 employees and 8,757 members. Dakota West Credit Union's savings rates are 44% higher than the national average, and it has a 4-star health rating.

Dakota West Credit Union Routing Number: 291379126

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Data for Q4 2011

Institution Statistics DAKOTA WEST NCUA # 62380 BankRate Report View Year Chartered 1941 Employees 39 Primary Regulator Assets and Liabilities Assets $159.30 million Loans $113.48 million Deposits $145.82 million Equity Capital $12.63 million Loan Loss Allowance $126,000 Unbacked Noncurrent Loans $1.09 million Historic Data - December 2010 Assets $125.03 million Equity Capital $10.37 million Loan Loss Allowance $262,000 Unbacked Noncurrent Loans $1.22 million Real Estate Owned $40,000 Profit Margin - Quarterly Net Interest Margin 5.05% Return on Assets 1.43% Return on Equity 18.08% Interest Income $6.13 million Non-Interest Income $869,000

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 Dakota West Credit Union had $1.09 million in non-current loans and owned real-estate with $12.76 million in equity and loan loss allowances on hand to cover it. This gives Dakota West Credit Union a Texas Ratio of 8.55% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Dakota West Credit Union decreased slightly from 11.89% as of December 31, 2010 to 8.55% as of December 31, 2011, resulting in a positive change of 28.08%.This indicates that the balance sheet and financial strength for Dakota West Credit Union has improved slightly in recent periods. Deposit Growth In the past year, Dakota West Credit Union has increased its total deposits by $31.94 million, resulting in 28.05% 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 Dakota West Credit Union 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. Dakota West Credit Union has $159.3 million in assets with $12.76 million in equity, resulting in a capitalization level of 8.01%, which is average.

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