Dow Chemical Employees' Credit Union

Dow Chemical Employees' Credit Union is headquartered in Midland and is the 5^th largest credit union in the state of Michigan. It is also the 113^st largest credit union in the nation. It was established in 1937 and as of December of 2011, it had grown to 121 employees and 56,177 members. Dow Chemical Employees' Credit Union has a 5-star health rating.

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Data for Q4 2011

Institution Statistics DOW CHEMICAL EMPLOYEES' NCUA # 60137 BankRate Report View Year Chartered 1937 Employees 121 Primary Regulator Assets and Liabilities Assets $1.40 billion Loans $495.81 million Deposits $1.18 billion Equity Capital $166.27 million Loan Loss Allowance $1.78 million Unbacked Noncurrent Loans $2.13 million Real Estate Owned $435,000 Historic Data - December 2010 Assets $1.35 billion Equity Capital $155.51 million Loan Loss Allowance $1.50 million Unbacked Noncurrent Loans $1.56 million Real Estate Owned $240,000 Profit Margin - Quarterly Net Interest Margin 5.23% Return on Assets 0.6% Return on Equity 5.08% Interest Income $38.12 million Non-Interest Income $6.69 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 December 31, 2011 Dow Chemical Employees' Credit Union had $2.56 million in non-current loans and owned real-estate with $168.05 million in equity and loan loss allowances on hand to cover it. This gives Dow Chemical Employees' Credit Union a Texas Ratio of 1.52% 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 Dow Chemical Employees' Credit Union held steady from 1.15% as of December 31, 2010 to 1.52% as of December 31, 2011, resulting in a negative change of 33.07%. This indicates that the balance sheet and financial strength for Dow Chemical Employees' Credit Union has held steady in recent periods. Deposit Growth In the past year, Dow Chemical Employees' Credit Union has increased its total deposits by $35.64 million, resulting in 3.13% 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 Dow Chemical Employees' Credit Union 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. Dow Chemical Employees' Credit Union has $1.4 billion in assets with $168.05 million in equity, resulting in a capitalization level of 12.02%, which is excellent.

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