Florida State University Credit Union

Florida State University Credit Union is headquartered in Tallahassee and is the 49^th largest credit union in the state of Florida. It is also the 1,239^th largest credit union in the nation. It was established in 1991 and as of December of 2012, it had grown to 46 employees and 15,854 members. Florida State University Credit Union has a 5-star health rating.

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Data for Q4 2012

Institution Statistics FLORIDA STATE UNIVERSITY NCUA # 67874 BankRate Report View Year Chartered 1991 Employees 46 Primary Regulator Assets and Liabilities Assets $127.00 million Loans $88.46 million Deposits $113.75 million Equity Capital $12.25 million Loan Loss Allowance $813,000 Unbacked Noncurrent Loans $803,000 Real Estate Owned $158,000 Historic Data - December 2011 Assets $115.52 million Equity Capital $10.72 million Loan Loss Allowance $989,000 Unbacked Noncurrent Loans $799,000 Real Estate Owned $547,000 Profit Margin - Quarterly Net Interest Margin 6.03% Return on Assets 1.2% Return on Equity 12.47% Interest Income $5.99 million Non-Interest Income $3.31 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, 2012 Florida State University Credit Union had $961,000 in non-current loans and owned real-estate with $13.06 million in equity and loan loss allowances on hand to cover it. This gives Florida State University Credit Union a Texas Ratio of 7.36% 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 Florida State University Credit Union decreased slightly from 11.49% as of December 31, 2011 to 7.36% as of December 31, 2012, resulting in a positive change of 36.00%.This indicates that the balance sheet and financial strength for Florida State University Credit Union has improved slightly in recent periods. Deposit Growth In the past year, Florida State University Credit Union has increased its total deposits by $9.61 million, resulting in 9.23% 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 Florida State University 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. Florida State University Credit Union has $127 million in assets with $13.06 million in equity, resulting in a capitalization level of 10.29%, which is above average.

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