Georgia Heritage Federal Credit Union

Georgia Heritage Federal Credit Union is headquartered in SAVANNAH and is the 29^th largest credit union in the state of Georgia. It is also the 1,693^rd largest credit union in the nation. It was established in 1940 and as of September of 2011, it had grown to 24 employees and 7,979 members. Georgia Heritage Federal Credit Union's savings rates are 44% higher than the national average, and it has a 4-star health rating.

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Data for Q3 2011

Institution Statistics GEORGIA HERITAGE NCUA # 3800 BankRate Report View Year Established 1940 Employees 24 Primary Regulator Assets and Liabilities Assets $77.09 million Loans $50.90 million Deposits $66.49 million Equity Capital $9.32 million Loan Loss Allowance $672,000 Unbacked Noncurrent Loans $956,000 Real Estate Owned $352,000 Historic Data - September 2010 Assets $75.88 million Equity Capital $9.30 million Loan Loss Allowance $608,000 Unbacked Noncurrent Loans $1.09 million Real Estate Owned $70,000 Profit Margin - Quarterly Net Interest Margin 4.04% Return on Assets 0.07% Return on Equity 0.59% Interest Income $2.79 million Non-Interest Income $668,000

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 September 30, 2011 Georgia Heritage Federal Credit Union had $1.31 million in non-current loans and owned real-estate with $9.99 million in equity and loan loss allowances on hand to cover it. This gives Georgia Heritage Federal Credit Union a Texas Ratio of 13.09% 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 Georgia Heritage Federal Credit Union held steady from 11.74% as of September 30, 2010 to 13.09% as of September 30, 2011, resulting in a negative change of 11.51%. This indicates that the balance sheet and financial strength for Georgia Heritage Federal Credit Union has held steady in recent periods. Deposit Growth In the past year, Georgia Heritage Federal Credit Union has increased its total deposits by $688,000, resulting in 1.05% 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 Georgia Heritage Federal Credit Union has shown is above 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. Georgia Heritage Federal Credit Union has $77.08 million in assets with $9.99 million in equity, resulting in a capitalization level of 12.96%, which is excellent.

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