First Educators Credit Union

First Educators Credit Union is headquartered in Hoover and is the 27^th largest credit union in the state of Alabama. It is also the 1,273^rd largest credit union in the nation. It was established in 1935 and as of December of 2011, it had grown to 41 employees and 16,451 members. First Educators Credit Union has a 4-star health rating.

First Educators Credit Union Routing Number: 262084916

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Data for Q4 2011

Institution Statistics FIRST EDUCATORS NCUA # 60934 BankRate Report View Year Chartered 1935 Employees 41 Primary Regulator Assets and Liabilities Assets $117.23 million Loans $66.52 million Deposits $101.65 million Equity Capital $14.38 million Loan Loss Allowance $1.65 million Unbacked Noncurrent Loans $728,000 Real Estate Owned $2.49 million Historic Data - December 2010 Assets $111.00 million Equity Capital $15.22 million Loan Loss Allowance $1.29 million Unbacked Noncurrent Loans $1.24 million Real Estate Owned $2.11 million Profit Margin - Quarterly Net Interest Margin 6.87% Return on Assets 0.52% Return on Equity 4.21% Interest Income $5.65 million Non-Interest Income $1.12 million

Institution Health Overall Score: 4 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 First Educators Credit Union had $3.22 million in non-current loans and owned real-estate with $16.03 million in equity and loan loss allowances on hand to cover it. This gives First Educators Credit Union a Texas Ratio of 20.09% 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 First Educators Credit Union held steady from 20.27% as of December 31, 2010 to 20.09% as of December 31, 2011, resulting in a positive change of 0.89%.This indicates that the balance sheet and financial strength for First Educators Credit Union has held steady in recent periods. Deposit Growth In the past year, First Educators Credit Union has increased its total deposits by $6.15 million, resulting in 6.44% 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 First Educators 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. First Educators Credit Union has $117.23 million in assets with $16.03 million in equity, resulting in a capitalization level of 13.67%, which is excellent.

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