Finans Credit Union

Finans Credit Union is headquartered in Hammond and is the 109^th largest credit union in the state of Indiana. It is also the 4,276^th largest credit union in the nation. It was established in 1936 and as of December of 2011, it had grown to 4 employees and 1,732 members. Finans Credit Union's savings rates are 3X the national average, and it boasts a 5-star health rating.

Finans Credit Union Savings Account Rates

Finans Credit Union Money Market Rates

Data for Q4 2011

Institution Statistics FINANS NCUA # 1457 BankRate Report View Year Chartered 1936 Employees 4 Primary Regulator Assets and Liabilities Assets $12.45 million Loans $2.59 million Deposits $11.21 million Equity Capital $1.21 million Loan Loss Allowance $13,000 Unbacked Noncurrent Loans $2,000 Historic Data - December 2010 Assets $11.16 million Equity Capital $1.22 million Loan Loss Allowance $5,000 Unbacked Noncurrent Loans $17,000 Profit Margin - Quarterly Net Interest Margin 6.32% Return on Assets -0.06% Return on Equity -0.58% Interest Income $374,000 Non-Interest Income $120,000

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 Finans Credit Union had $2,000 in non-current loans and owned real-estate with $1.22 million in equity and loan loss allowances on hand to cover it. This gives Finans Credit Union a Texas Ratio of 0.16% 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 Finans Credit Union decreased significantly from 1.39% as of December 31, 2010 to 0.16% as of December 31, 2011, resulting in a positive change of 88.24%.This indicates that the balance sheet and financial strength for Finans Credit Union has improved significantly in recent periods. Deposit Growth In the past year, Finans Credit Union has increased its total deposits by $1.31 million, resulting in 13.18% 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 Finans 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. Finans Credit Union has $12.45 million in assets with $1.22 million in equity, resulting in a capitalization level of 9.80%, which is average.

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