Florida State University Credit Union

Florida State University Credit Union is headquartered in Tallahassee and is the 60^th largest credit union in the state of Florida. It is also the 1,472^nd largest credit union in the nation. It was established in 1991 and as of September of 2011, it had grown to 43 employees and 11,259 members. Florida State University Credit Union has a 3-star health rating.

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Data for Q3 2011

Institution Statistics FLORIDA STATE UNIVERSITY NCUA # 67874 BankRate Report View Year Established 1991 Employees 43 Primary Regulator Assets and Liabilities Assets $94.68 million Loans $77.63 million Deposits $85.56 million Equity Capital $8.48 million Loan Loss Allowance $925,000 Unbacked Noncurrent Loans $551,000 Real Estate Owned $547,000 Historic Data - September 2010 Assets $96.05 million Equity Capital $7.68 million Loan Loss Allowance $918,000 Unbacked Noncurrent Loans $552,000 Real Estate Owned $152,000 Profit Margin - Quarterly Net Interest Margin 4.31% Return on Assets 0.63% Return on Equity 7.03% Interest Income $3.86 million Non-Interest Income $1.62 million

Institution Health Overall Score: 3 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 September 30, 2011 Florida State University Credit Union had $1.1 million in non-current loans and owned real-estate with $9.4 million in equity and loan loss allowances on hand to cover it. This gives Florida State University Credit Union a Texas Ratio of 11.68% which is above average. 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 held steady from 8.18% as of September 30, 2010 to 11.68% as of September 30, 2011, resulting in a negative change of 42.68%. This indicates that the balance sheet and financial strength for Florida State University Credit Union has held steady in recent periods. Deposit Growth In the past year, Florida State University Credit Union has decreased its total deposits by -$2.19 million, resulting in -2.5% 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 below average. 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 $94.68 million in assets with $9.4 million in equity, resulting in a capitalization level of 9.93%, which is average.

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