East River Credit Union

PO Box 31
Madison, SD 57042
(800) 667-6039
www.eastriverfcu.com

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East River Credit Union is headquartered in Madison and is the 19^st largest credit union in the state of South Dakota. It is also the 3,383^rd largest credit union in the nation. It was established in 1956 and as of December of 2011, it had grown to 9 employees and 2,794 members. East River Credit Union has a 5-star health rating.

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See Rates for: Checking | Savings | Money Market | CD | IRA

East River Credit Union Checking Account Rates

	Apy	Min	Max	Product
	0.05%	-	-	Interest-Bearing Checking Account

East River Credit Union Savings Account Rates

Apy	Min	Max	Product
0.65%	$90k	-	IRA Savings Account
0.65%	$90k	-	Health Savings Account (HSA)
0.65%	$90k	-	Roth IRA Savings Account
0.65%	$90k	-	Coverdell Education Savings Account
0.15%	$1k	-	Trust Account
0.15%	$1k	-	Membership Savings Account
0.15%	$1k	-	CU 4 Kids Account
0.15%	$1k	-	CU Succeed Teen Account
0.15%	-	-	Holiday Club Account
0.10%	-	-	Special Savings Account

East River Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.40%	$90k	-	Money Market Account

East River Credit Union CD Rates

Apy	Min	Max	Product
1.45%	$50k	-	60 Month Share Certificate
1.35%	$50k	-	48 Month Share Certificate
1.15%	$50k	-	36 Month Share Certificate
0.75%	$50k	-	24 Month Share Certificate
0.65%	$50	-	60 Month Youth Share Certificate
0.60%	$100	-	18 Month PayDay Certificate
0.55%	$50k	-	12 Month Share Certificate
0.55%	$50	-	48 Month Youth Share Certificate
0.45%	$50	-	36 Month Youth Share Certificate
0.35%	$50k	-	6 Month Share Certificate
0.35%	$50	-	24 Month Youth Share Certificate
0.25%	$50	-	12 Month Youth Share Certificate
0.25%	$25	-	18 Month Allowance Certificate
0.15%	$50	-	6 Month Youth Share Certificate

East River Credit Union IRA Rates

Apy	Min	Max	Product
1.45%	$50k	-	60 Month IRA Share Certificate
1.45%	$50k	-	60 Month Roth IRA Share Certificate
1.45%	$50k	-	60 Month CESA Share Certificate
1.45%	$50k	-	60 Month Health Savings Share Certificate
1.35%	$50k	-	48 Month IRA Share Certificate
1.35%	$50k	-	48 Month Roth IRA Share Certificate
1.35%	$50k	-	48 Month CESA Share Certificate
1.35%	$50k	-	48 Month Health Savings Share Certificate
1.15%	$50k	-	36 Month IRA Share Certificate
1.15%	$50k	-	36 Month Roth IRA Share Certificate
1.15%	$50k	-	36 Month CESA Share Certificate
1.15%	$50k	-	36 Month Health Savings Share Certificate
0.75%	$50k	-	24 Month IRA Share Certificate
0.75%	$50k	-	24 Month Roth IRA Share Certificate
0.75%	$50k	-	24 Month CESA Share Certificate
0.75%	$50k	-	24 Month Health Savings Share Certificate
0.55%	$50k	-	12 Month IRA Share Certificate
0.55%	$50k	-	12 Month Roth IRA Share Certificate
0.55%	$50k	-	12 Month CESA Share Certificate
0.55%	$50k	-	12 Month Health Savings Share Certificate
0.35%	$50k	-	6 Month IRA Share Certificate
0.35%	$50k	-	6 Month Roth IRA Share Certificate
0.35%	$50k	-	6 Month CESA Share Certificate
0.35%	$50k	-	6 Month Health Savings Share Certificate

Rates updated: 5/25/2012

Data for Q4 2011

Institution Statistics

EAST RIVER
NCUA #	11353
BankRate Report	View
Year Chartered	1956
Employees	9
Primary Regulator
Assets and Liabilities
Assets	$22.37 million
Loans	$15.94 million
Deposits	$20.35 million
Equity Capital	$1.79 million
Loan Loss Allowance	$84,000
Unbacked Noncurrent Loans	$19,000
Historic Data - December 2010
Assets	$18.63 million
Equity Capital	$1.57 million
Loan Loss Allowance	$61,000
Profit Margin - Quarterly
Net Interest Margin	5.27%
Return on Assets	0.97%
Return on Equity	12.07%
Interest Income	$1.01 million
Non-Interest Income	$397,000

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 East River Credit Union had $19,000 in non-current loans and owned real-estate with $1.87 million in equity and loan loss allowances on hand to cover it. This gives East River Credit Union a Texas Ratio of 1.01% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Deposit Growth
In the past year, East River Credit Union has increased its total deposits by $3.31 million, resulting in 19.42% 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 River 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. East River Credit Union has $22.37 million in assets with $1.87 million in equity, resulting in a capitalization level of 8.37%, which is average.

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