Grand Island Central Credit Union

Grand Island Central Credit Union is headquartered in GRAND ISLAND and is the 243^rd largest credit union in the state of New York. It is also the 4,568^th largest credit union in the nation. It was established in 1960 and as of December of 2011, it had grown to 1 employees and 1,130 members. Grand Island Central Credit Union has a 5-star health rating.

Data for Q4 2011

Institution Statistics GRAND ISLAND COMMUNITY NCUA # 13475 BankRate Report View Year Chartered 1960 Employees 1 Primary Regulator Assets and Liabilities Assets $10.32 million Loans $3.68 million Deposits $9.44 million Equity Capital $878,000 Loan Loss Allowance $3,000 Unbacked Noncurrent Loans $16,000 Historic Data - December 2010 Assets $8.89 million Equity Capital $922,000 Loan Loss Allowance $3,000 Unbacked Noncurrent Loans $9,000 Profit Margin - Quarterly Net Interest Margin 3.71% Return on Assets -0.43% Return on Equity -5.01% Interest Income $299,000 Non-Interest Income $4,000

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 Grand Island Central Credit Union had $16,000 in non-current loans and owned real-estate with $881,000 in equity and loan loss allowances on hand to cover it. This gives Grand Island Central Credit Union a Texas Ratio of 1.82% 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 Grand Island Central Credit Union held steady from 0.97% as of December 31, 2010 to 1.82% as of December 31, 2011, resulting in a negative change of 86.66%. This indicates that the balance sheet and financial strength for Grand Island Central Credit Union has held steady in recent periods. Deposit Growth In the past year, Grand Island Central Credit Union has increased its total deposits by $1.47 million, resulting in 18.44% 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 Grand Island Central 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. Grand Island Central Credit Union has $10.32 million in assets with $881,000 in equity, resulting in a capitalization level of 8.54%, which is average.

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