East Orange Firemens Credit Union

East Orange Firemens Credit Union is headquartered in East Orange and is the 122^nd largest credit union in the state of New Jersey. It is also the 5,077^th largest credit union in the nation. It was established in 1956 and as of December of 2011, it had grown to 1 employees and 482 members. East Orange Firemens Credit Union has a 3-star health rating.

Data for Q4 2011

Institution Statistics EAST ORANGE FIREMENS NCUA # 11014 BankRate Report View Year Chartered 1956 Employees 1 Primary Regulator Assets and Liabilities Assets $7.23 million Loans $4.19 million Deposits $5.73 million Equity Capital $1.49 million Loan Loss Allowance $279,000 Unbacked Noncurrent Loans $549,000 Historic Data - December 2010 Assets $7.36 million Equity Capital $1.33 million Loan Loss Allowance $353,000 Unbacked Noncurrent Loans $230,000 Profit Margin - Quarterly Net Interest Margin 9.8% Return on Assets 2.63% Return on Equity 12.72% Interest Income $498,000 Non-Interest Income ($5,000)

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 East Orange Firemens Credit Union had $549,000 in non-current loans and owned real-estate with $1.77 million in equity and loan loss allowances on hand to cover it. This gives East Orange Firemens Credit Union a Texas Ratio of 30.96% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for East Orange Firemens Credit Union increased slightly from 13.65% as of December 31, 2010 to 30.96% as of December 31, 2011, resulting in a negative change of 126.85%. This indicates that the balance sheet and financial strength for East Orange Firemens Credit Union has declined slightly in recent periods. Deposit Growth In the past year, East Orange Firemens Credit Union has decreased its total deposits by $-288,000, resulting in -4.78% 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 East Orange Firemens 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. East Orange Firemens Credit Union has $7.23 million in assets with $1.77 million in equity, resulting in a capitalization level of 24.52%, which is excellent.

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