Fedex Employees Credit Association Credit Union

Fedex Employees Credit Association Credit Union is headquartered in MEMPHIS and is the 13^st largest credit union in the state of Tennessee. It is also the 579^th largest credit union in the nation. It was established in 1974 and as of December of 2011, it had grown to 96 employees and 62,885 members. Fedex Employees Credit Association Credit Union's savings rates are 44% higher than the national average, and it boasts a 5-star health rating.

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Data for Q4 2011

Institution Statistics FEDEX EMPLOYEES CREDIT ASSOCIATION NCUA # 21751 BankRate Report View Year Chartered 1974 Employees 96 Primary Regulator Assets and Liabilities Assets $336.13 million Loans $153.08 million Deposits $275.20 million Equity Capital $55.77 million Loan Loss Allowance $3.59 million Unbacked Noncurrent Loans $1.08 million Real Estate Owned $241,000 Historic Data - December 2010 Assets $339.12 million Equity Capital $53.56 million Loan Loss Allowance $2.92 million Unbacked Noncurrent Loans $1.98 million Real Estate Owned $309,000 Profit Margin - Quarterly Net Interest Margin 5.99% Return on Assets 0.65% Return on Equity 3.95% Interest Income $10.87 million Non-Interest Income $5.93 million

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 Fedex Employees Credit Association Credit Union had $1.32 million in non-current loans and owned real-estate with $59.36 million in equity and loan loss allowances on hand to cover it. This gives Fedex Employees Credit Association Credit Union a Texas Ratio of 2.22% 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 Fedex Employees Credit Association Credit Union decreased significantly from 4.06% as of December 31, 2010 to 2.22% as of December 31, 2011, resulting in a positive change of 45.17%.This indicates that the balance sheet and financial strength for Fedex Employees Credit Association Credit Union has improved significantly in recent periods. Deposit Growth In the past year, Fedex Employees Credit Association Credit Union has decreased its total deposits by $-596,000, resulting in -0.22% 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 Fedex Employees Credit Association Credit Union has shown is 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. Fedex Employees Credit Association Credit Union has $336.13 million in assets with $59.36 million in equity, resulting in a capitalization level of 17.66%, which is excellent.

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