Everence Credit Union

Everence Credit Union is headquartered in LANCASTER and is the 42^nd largest credit union in the state of Pennsylvania. It is also the 1,198^th largest credit union in the nation. It was established in 1955 and as of December of 2011, it had grown to 24 employees and 16,784 members. Everence Credit Union's savings rates are 2X the national average, and it has a 3-star health rating.

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Everence Credit Union Savings Account Rates

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Data for Q4 2011

Institution Statistics EVERENCE NCUA # 10223 BankRate Report View Year Chartered 1955 Employees 24 Primary Regulator Assets and Liabilities Assets $128.83 million Loans $89.19 million Deposits $119.24 million Equity Capital $9.21 million Loan Loss Allowance $1.26 million Unbacked Noncurrent Loans $3.34 million Historic Data - December 2010 Assets $125.28 million Equity Capital $8.80 million Loan Loss Allowance $843,000 Unbacked Noncurrent Loans $3.68 million Real Estate Owned $187,000 Profit Margin - Quarterly Net Interest Margin 5.44% Return on Assets 0.32% Return on Equity 4.5% Interest Income $5.56 million Non-Interest Income $2.16 million

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 Everence Credit Union had $3.34 million in non-current loans and owned real-estate with $10.47 million in equity and loan loss allowances on hand to cover it. This gives Everence Credit Union a Texas Ratio of 31.89% 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 Everence Credit Union decreased slightly from 40.09% as of December 31, 2010 to 31.89% as of December 31, 2011, resulting in a positive change of 20.45%.This indicates that the balance sheet and financial strength for Everence Credit Union has improved slightly in recent periods. Deposit Growth In the past year, Everence Credit Union has increased its total deposits by $4.43 million, resulting in 3.86% 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 Everence 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. Everence Credit Union has $128.83 million in assets with $10.47 million in equity, resulting in a capitalization level of 8.13%, which is average.

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