Eddy Credit Union

Eddy Credit Union is headquartered in CARLSBAD and is the 19^st largest credit union in the state of New Mexico. It is also the 2,286^th largest credit union in the nation. It was established in 1954 and as of December of 2011, it had grown to 17 employees and 6,248 members. Eddy Credit Union has a 5-star health rating.

Data for Q4 2011

Institution Statistics EDDY NCUA # 9566 BankRate Report View Year Chartered 1954 Employees 17 Primary Regulator Assets and Liabilities Assets $48.21 million Loans $38.59 million Deposits $42.97 million Equity Capital $4.82 million Loan Loss Allowance $283,000 Unbacked Noncurrent Loans $203,000 Historic Data - December 2010 Assets $34.61 million Equity Capital $3.50 million Loan Loss Allowance $281,000 Unbacked Noncurrent Loans $45,000 Profit Margin - Quarterly Net Interest Margin 6.9% Return on Assets 2.74% Return on Equity 27.43% Interest Income $3.04 million Non-Interest Income $832,000

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 Eddy Credit Union had $203,000 in non-current loans and owned real-estate with $5.11 million in equity and loan loss allowances on hand to cover it. This gives Eddy Credit Union a Texas Ratio of 3.97% 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 Eddy Credit Union held steady from 1.19% as of December 31, 2010 to 3.97% as of December 31, 2011, resulting in a negative change of 234.07%. This indicates that the balance sheet and financial strength for Eddy Credit Union has held steady in recent periods. Deposit Growth In the past year, Eddy Credit Union has increased its total deposits by $12.12 million, resulting in 39.31% 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 Eddy 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. Eddy Credit Union has $48.21 million in assets with $5.11 million in equity, resulting in a capitalization level of 10.59%, which is above average.

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