Freudenberg-Nok Employees Credit Union

Freudenberg-Nok Employees Credit Union is headquartered in BRISTOL and is the 20^th largest credit union in the state of New Hampshire. It is also the 6,323^rd largest credit union in the nation. It was established in 1956 and as of December of 2011, it had grown to employees and 1,229 members. Freudenberg-Nok Employees Credit Union has a 5-star health rating.

Data for Q4 2011

Institution Statistics FREUDENBERG-NOK EMPLOYEES NCUA # 66305 BankRate Report View Year Chartered 1956 Employees 0 Primary Regulator Assets and Liabilities Assets $2.02 million Loans $1.10 million Deposits $1.35 million Equity Capital $656,000 Loan Loss Allowance $20,000 Unbacked Noncurrent Loans $4,000 Historic Data - December 2010 Assets $1.93 million Equity Capital $650,000 Loan Loss Allowance $21,000 Unbacked Noncurrent Loans $5,000 Profit Margin - Quarterly Net Interest Margin 5.29% Return on Assets 0.2% Return on Equity 0.61% Interest Income $74,000 Non-Interest Income $1,000

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 Freudenberg-Nok Employees Credit Union had $4,000 in non-current loans and owned real-estate with $676,000 in equity and loan loss allowances on hand to cover it. This gives Freudenberg-Nok Employees Credit Union a Texas Ratio of 0.59% 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 Freudenberg-Nok Employees Credit Union decreased slightly from 0.75% as of December 31, 2010 to 0.59% as of December 31, 2011, resulting in a positive change of 20.59%.This indicates that the balance sheet and financial strength for Freudenberg-Nok Employees Credit Union has improved slightly in recent periods. Deposit Growth In the past year, Freudenberg-Nok Employees Credit Union has increased its total deposits by $82,000, resulting in 6.49% 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 Freudenberg-Nok Employees 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. Freudenberg-Nok Employees Credit Union has $2.02 million in assets with $676,000 in equity, resulting in a capitalization level of 33.53%, which is excellent.

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