Des Moines Water Works Credit Union

Des Moines Water Works Credit Union is headquartered in Des Moines and is the 117^st largest credit union in the state of Iowa. It is also the 6,539^th largest credit union in the nation. It was established in 1933 and as of December of 2011, it had grown to 1 employees and 490 members. Des Moines Water Works Credit Union has a 3-star health rating.

Data for Q4 2011

Institution Statistics DES MOINES WATER WORKS NCUA # 63486 BankRate Report View Year Chartered 1933 Employees 1 Primary Regulator Assets and Liabilities Assets $1.42 million Loans $976,000 Deposits $1.25 million Equity Capital $169,000 Loan Loss Allowance $17,000 Unbacked Noncurrent Loans $34,000 Historic Data - December 2010 Assets $1.46 million Equity Capital $166,000 Loan Loss Allowance $22,000 Unbacked Noncurrent Loans $27,000 Profit Margin - Quarterly Net Interest Margin 6.25% Return on Assets 0.21% Return on Equity 1.78% Interest Income $68,000

Institution Health Overall Score: 3 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 Des Moines Water Works Credit Union had $34,000 in non-current loans and owned real-estate with $186,000 in equity and loan loss allowances on hand to cover it. This gives Des Moines Water Works Credit Union a Texas Ratio of 18.28% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Des Moines Water Works Credit Union held steady from 14.36% as of December 31, 2010 to 18.28% as of December 31, 2011, resulting in a negative change of 27.28%. This indicates that the balance sheet and financial strength for Des Moines Water Works Credit Union has held steady in recent periods. Deposit Growth In the past year, Des Moines Water Works Credit Union has decreased its total deposits by $-37,000, resulting in -2.88% 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 Des Moines Water Works Credit Union has shown is below 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. Des Moines Water Works Credit Union has $1.42 million in assets with $186,000 in equity, resulting in a capitalization level of 13.10%, which is excellent.

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