First State Refinery Credit Union

First State Refinery Credit Union is headquartered in new castle and is the 19^st largest credit union in the state of Delaware. It is also the 5,085^th largest credit union in the nation. It was established in 1959 and as of December of 2011, it had grown to employees and 600 members. First State Refinery Credit Union's savings rates are 44% higher than the national average, and it boasts a 5-star health rating.

First State Refinery Credit Union Savings Account Rates

First State Refinery Credit Union CD Rates

Data for Q4 2011

Institution Statistics FIRST STATE REFINERY NCUA # 13280 BankRate Report View Year Chartered 1959 Employees 0 Primary Regulator Assets and Liabilities Assets $7.19 million Loans $783,000 Deposits $5.62 million Equity Capital $1.58 million Loan Loss Allowance $25,000 Unbacked Noncurrent Loans $9,000 Historic Data - December 2010 Assets $7.73 million Equity Capital $1.61 million Loan Loss Allowance $8,000 Unbacked Noncurrent Loans $25,000 Profit Margin - Quarterly Net Interest Margin 6.88% Return on Assets -0.53% Return on Equity -2.41% Interest Income $223,000

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 First State Refinery Credit Union had $9,000 in non-current loans and owned real-estate with $1.6 million in equity and loan loss allowances on hand to cover it. This gives First State Refinery Credit Union a Texas Ratio of 0.56% 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 First State Refinery Credit Union decreased significantly from 1.55% as of December 31, 2010 to 0.56% as of December 31, 2011, resulting in a positive change of 63.75%.This indicates that the balance sheet and financial strength for First State Refinery Credit Union has improved significantly in recent periods. Deposit Growth In the past year, First State Refinery Credit Union has decreased its total deposits by $-503,000, resulting in -8.22% 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 First State Refinery Credit Union has shown is poor. 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 State Refinery Credit Union has $7.19 million in assets with $1.6 million in equity, resulting in a capitalization level of 22.30%, which is excellent.

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