Evergreen CU (ME)

PO Box 1038
Portland, ME 04104
(877) 854-9260
www.evergreencreditunion.org

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Evergreen CU (ME) is headquartered in Portland and is the 6^th largest credit union in the state of Maine. It is also the 846^th largest credit union in the nation. It was established in 1951 and as of December of 2011, it had grown to 50 employees and 23,044 members. Evergreen CU (ME) has a 3-star health rating.

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

Evergreen CU (ME) Savings Account Rates

Apy	Min	Max	Product
0.10%	$25	-	Share Savings
0.10%	-	-	Club Savings
0.10%	$25	-	Monty Moose Youth Savings

Evergreen CU (ME) Money Market Rates

Apy	Min	Max	Product
0.40%	$50k	-	Money Market
0.15%	-	-	IRA Money Market

Evergreen CU (ME) CD Rates

Apy	Min	Max	Product
1.85%	$500	-	60 Month CD
1.50%	$500	-	48 Month CD
1.25%	$500	-	36 Month CD
0.85%	$500	-	24 Month CD
0.55%	$500	-	12 Month CD
0.35%	$500	-	6 Month CD

Evergreen CU (ME) IRA Rates

Apy	Min	Max	Product
1.85%	$500	-	60 Month IRA
1.85%	$500	-	60 Month Roth IRA
1.85%	$500	-	60 Month CESA
1.50%	$500	-	48 Month IRA
1.50%	$500	-	48 Month Roth IRA
1.50%	$500	-	48 Month CESA
1.25%	$500	-	36 Month IRA
1.25%	$500	-	36 Month Roth IRA
1.25%	$500	-	36 Month CESA
0.85%	$500	-	24 Month IRA
0.85%	$500	-	24 Month Roth IRA
0.85%	$500	-	24 Month CESA
0.55%	$500	-	12 Month IRA
0.55%	$500	-	12 Month Roth IRA
0.55%	$500	-	12 Month CESA
0.35%	$500	-	6 Month IRA
0.35%	$500	-	6 Month Roth IRA
0.35%	$500	-	6 Month CESA

Rates updated: 5/24/2012

Data for Q4 2011

Institution Statistics

EVERGREEN
NCUA #	68038
BankRate Report	View
Year Chartered	1951
Employees	50
Primary Regulator
Assets and Liabilities
Assets	$207.02 million
Loans	$131.63 million
Deposits	$189.89 million
Equity Capital	$17.01 million
Loan Loss Allowance	$2.06 million
Unbacked Noncurrent Loans	$3.53 million
Real Estate Owned	$32,000
Historic Data - December 2010
Assets	$208.84 million
Equity Capital	$16.05 million
Loan Loss Allowance	$1.73 million
Unbacked Noncurrent Loans	$2.94 million
Real Estate Owned	$482,000
Profit Margin - Quarterly
Net Interest Margin	4.38%
Return on Assets	0.46%
Return on Equity	5.64%
Interest Income	$8.06 million
Non-Interest Income	$2.95 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 Evergreen CU (ME) had $3.56 million in non-current loans and owned real-estate with $19.07 million in equity and loan loss allowances on hand to cover it. This gives Evergreen CU (ME) a Texas Ratio of 18.66% 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 Evergreen CU (ME) held steady from 19.23% as of December 31, 2010 to 18.66% as of December 31, 2011, resulting in a positive change of 2.95%.This indicates that the balance sheet and financial strength for Evergreen CU (ME) has held steady in recent periods.
Deposit Growth
In the past year, Evergreen CU (ME) has decreased its total deposits by -$2.68 million, resulting in -1.39% 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 Evergreen CU (ME) 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. Evergreen CU (ME) has $207.02 million in assets with $19.07 million in equity, resulting in a capitalization level of 9.21%, which is average.

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