East Traverse Catholic Credit Union

East Traverse Catholic Credit Union is headquartered in Traverse City and is the 158^th largest credit union in the state of Michigan. It is also the 2,416^st largest credit union in the nation. It was established in 1950 and as of December of 2011, it had grown to 18 employees and 7,045 members. East Traverse Catholic Credit Union has a 3-star health rating.

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Data for Q4 2011

Institution Statistics EAST TRAVERSE CATHOLIC NCUA # 6844 BankRate Report View Year Chartered 1950 Employees 18 Primary Regulator Assets and Liabilities Assets $43.87 million Loans $27.91 million Deposits $39.65 million Equity Capital $4.18 million Loan Loss Allowance $187,000 Unbacked Noncurrent Loans $912,000 Real Estate Owned $241,000 Historic Data - December 2010 Assets $42.35 million Equity Capital $4.22 million Loan Loss Allowance $178,000 Unbacked Noncurrent Loans $767,000 Real Estate Owned $238,000 Profit Margin - Quarterly Net Interest Margin 5.38% Return on Assets -0.1% Return on Equity -1.05% Interest Income $1.77 million Non-Interest Income $483,000

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 Traverse Catholic Credit Union had $1.15 million in non-current loans and owned real-estate with $4.36 million in equity and loan loss allowances on hand to cover it. This gives East Traverse Catholic Credit Union a Texas Ratio of 26.43% 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 East Traverse Catholic Credit Union held steady from 22.87% as of December 31, 2010 to 26.43% as of December 31, 2011, resulting in a negative change of 15.59%. This indicates that the balance sheet and financial strength for East Traverse Catholic Credit Union has held steady in recent periods. Deposit Growth In the past year, East Traverse Catholic Credit Union has increased its total deposits by $1.47 million, resulting in 3.85% 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 Traverse Catholic 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. East Traverse Catholic Credit Union has $43.87 million in assets with $4.36 million in equity, resulting in a capitalization level of 9.94%, which is average.

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