Garden State Credit Union

Garden State Credit Union is headquartered in MOORESTOWN and is the 63^rd largest credit union in the state of New Jersey. It is also the 3,116^st largest credit union in the nation. It was established in 1960 and as of December of 2011, it had grown to employees and 3,180 members. Garden State Credit Union's money market rates are 48% higher than the national average, and it has a 4-star health rating.

Garden State Credit Union Checking Account Rates

Garden State Credit Union Savings Account Rates

Garden State Credit Union Money Market Rates

Garden State Credit Union CD Rates

Garden State Credit Union IRA Rates

Data for Q4 2011

Institution Statistics GARDEN STATE NCUA # 14015 BankRate Report View Year Chartered 1960 Employees 0 Primary Regulator Assets and Liabilities Assets $26.50 million Loans $11.74 million Deposits $22.41 million Equity Capital $2.93 million Loan Loss Allowance $673,000 Unbacked Noncurrent Loans $954,000 Historic Data - December 2010 Assets $27.18 million Equity Capital $3.72 million Loan Loss Allowance $105,000 Unbacked Noncurrent Loans $789,000 Profit Margin - Quarterly Net Interest Margin 5.95% Return on Assets -2.73% Return on Equity -24.7% Interest Income $1.10 million Non-Interest Income $242,000

Institution Health Overall Score: 4 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 Garden State Credit Union had $954,000 in non-current loans and owned real-estate with $3.6 million in equity and loan loss allowances on hand to cover it. This gives Garden State Credit Union a Texas Ratio of 26.50% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Garden State Credit Union increased slightly from 20.64% as of December 31, 2010 to 26.50% as of December 31, 2011, resulting in a negative change of 28.40%. This indicates that the balance sheet and financial strength for Garden State Credit Union has declined slightly in recent periods. Deposit Growth In the past year, Garden State Credit Union has increased its total deposits by $1.73 million, resulting in 8.39% 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 Garden State 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. Garden State Credit Union has $26.5 million in assets with $3.6 million in equity, resulting in a capitalization level of 13.59%, which is excellent.

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