FirstDay Federal Credit Union

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Overview / Commentary

www.firstdayfcu.org

937-222-4546

1030 North Main Street
Dayton , OH 45405

FirstDay Federal Credit Union is headquartered in Dayton and is the 68^th largest credit union in the state of Ohio. It is also the 1,668^th largest credit union in the nation. It was established in 1935 and as of September of 2013, it had grown to 35 employees and 7,717 members. FirstDay Federal Credit Union has a B health rating.

Field of Membership Restrictions

Eligible to people who live, work, worship, attend school in, and businesses and other legal entities located in Greene, Miami, Montgomery, or Preble Counties and open an account with a minimum $5 deposit. - See Details

2009

4/30 - 4.00% Reward Checking Account at FirstDay Federal Credit Union in Ohio

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Health

Data for Q3 2013

Institution Health

Texas Ratio

GRADE:

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 September 30, 2013 FirstDay Federal Credit Union had $636,000 in non-current loans and owned real-estate with $6.46 million in equity and loan loss allowances on hand to cover it. This gives FirstDay Federal Credit Union a Texas Ratio of 9.85% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:

C+

The Texas Ratio for FirstDay Federal Credit Union held steady from 10.54% as of September 30, 2012 to 9.85% as of September 30, 2013, resulting in a positive change of 6.61%.This indicates that the balance sheet and financial strength for FirstDay Federal Credit Union has held steady in recent periods.

Deposit Growth

GRADE:

C-

In the past year, FirstDay Federal Credit Union has decreased its total deposits by -$2.98 million, resulting in -3.69% 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 FirstDay Federal Credit Union has shown is below average.

Capitalization

GRADE:

C-

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. FirstDay Federal Credit Union has $84.47 million in assets with $6.46 million in equity, resulting in a capitalization level of 7.65%, which is below average.

Institution Statistics

Overall
NCUA #	362
Year Chartered	1935
Employees	35
Primary Regulator

Assets and Liabilities
Assets	$84.47 million
Loans	$39.03 million
Deposits	$77.63 million
Equity Capital	$6.01 million
Loan Loss Allowance	$450,000
Unbacked Noncurrent Loans	$431,000
Real Estate Owned	$205,000

Historic Data - September 2012
Assets	$88.04 million
Equity Capital	$6.45 million
Loan Loss Allowance	$367,000
Unbacked Noncurrent Loans	$431,000
Real Estate Owned	$148,000

Profit Margin - Quarterly
Net Interest Margin	4.05%
Return on Assets	0.12%
Return on Equity	1.69%
Interest Income	$2.05 million

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