Grand Valley Co-Op Credit Union

Grand Valley Co-Op Credit Union is headquartered in GRAND RAPIDS and is the 111^st largest credit union in the state of Michigan. It is also the 1,668^th largest credit union in the nation. It was established in 1968 and as of December of 2011, it had grown to 28 employees and 13,882 members. Grand Valley Co-Op Credit Union has a 5-star health rating.

Grand Valley Co-Op Credit Union Routing Number: 272480694

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Data for Q4 2011

Institution Statistics GRAND VALLEY CO-OP NCUA # 62340 BankRate Report View Year Chartered 1968 Employees 28 Primary Regulator Assets and Liabilities Assets $79.30 million Loans $53.06 million Deposits $69.44 million Equity Capital $8.92 million Loan Loss Allowance $1.20 million Unbacked Noncurrent Loans $1.04 million Real Estate Owned $334,000 Historic Data - December 2010 Assets $73.38 million Equity Capital $8.29 million Loan Loss Allowance $1.03 million Unbacked Noncurrent Loans $1.46 million Real Estate Owned $522,000 Profit Margin - Quarterly Net Interest Margin 6.36% Return on Assets 0.56% Return on Equity 4.94% Interest Income $3.71 million Non-Interest Income $1.40 million

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 Valley Co-Op Credit Union had $1.38 million in non-current loans and owned real-estate with $10.11 million in equity and loan loss allowances on hand to cover it. This gives Grand Valley Co-Op Credit Union a Texas Ratio of 13.62% 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 Grand Valley Co-Op Credit Union decreased slightly from 21.22% as of December 31, 2010 to 13.62% as of December 31, 2011, resulting in a positive change of 35.80%.This indicates that the balance sheet and financial strength for Grand Valley Co-Op Credit Union has improved slightly in recent periods. Deposit Growth In the past year, Grand Valley Co-Op Credit Union has increased its total deposits by $5.5 million, resulting in 8.6% 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 Valley Co-Op 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 Valley Co-Op Credit Union has $79.3 million in assets with $10.11 million in equity, resulting in a capitalization level of 12.75%, which is excellent.

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