Financial Plus CU (IL)

Financial Plus CU (IL) is headquartered in OTTAWA and is the 29^th largest credit union in the state of Illinois. It is also the 884^th largest credit union in the nation. It was established in 1951 and as of December of 2011, it had grown to 56 employees and 22,984 members. Financial Plus CU (IL)'s savings rates are 15% higher than the national average, and it boasts a 5-star health rating.

Financial Plus CU (IL) Savings Account Rates

Financial Plus CU (IL) CD Rates

Financial Plus CU (IL) IRA Rates

Data for Q4 2011

Institution Statistics FINANCIAL PLUS NCUA # 61231 BankRate Report View Year Chartered 1951 Employees 56 Primary Regulator Assets and Liabilities Assets $192.55 million Loans $133.45 million Deposits $165.06 million Equity Capital $25.88 million Loan Loss Allowance $650,000 Unbacked Noncurrent Loans $1.97 million Real Estate Owned $204,000 Historic Data - December 2010 Assets $175.45 million Equity Capital $23.63 million Loan Loss Allowance $500,000 Unbacked Noncurrent Loans $1.49 million Real Estate Owned $120,000 Profit Margin - Quarterly Net Interest Margin 4.73% Return on Assets 0.98% Return on Equity 7.27% Interest Income $7.66 million Non-Interest Income $3.11 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 Financial Plus CU (IL) had $2.17 million in non-current loans and owned real-estate with $26.53 million in equity and loan loss allowances on hand to cover it. This gives Financial Plus CU (IL) a Texas Ratio of 8.18% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Financial Plus CU (IL) held steady from 6.67% as of December 31, 2010 to 8.18% as of December 31, 2011, resulting in a negative change of 22.66%. This indicates that the balance sheet and financial strength for Financial Plus CU (IL) has held steady in recent periods. Deposit Growth In the past year, Financial Plus CU (IL) has increased its total deposits by $14.74 million, resulting in 9.81% 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 Financial Plus CU (IL) 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. Financial Plus CU (IL) has $192.55 million in assets with $26.53 million in equity, resulting in a capitalization level of 13.78%, which is excellent.

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