Greater Minnesota Credit Union

Greater Minnesota Credit Union is headquartered in Mora and is the 22^nd largest credit union in the state of Minnesota. It is also the 1,076^th largest credit union in the nation. It was established in 1935 and as of December of 2011, it had grown to 54 employees and 20,024 members. Greater Minnesota Credit Union has a 3-star health rating.

Greater Minnesota Credit Union Routing Number: 291975258

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Data for Q4 2011

Institution Statistics GREATER MINNESOTA NCUA # 64798 BankRate Report View Year Chartered 1935 Employees 54 Primary Regulator Assets and Liabilities Assets $147.71 million Loans $93.28 million Deposits $132.07 million Equity Capital $14.10 million Loan Loss Allowance $2.53 million Unbacked Noncurrent Loans $2.93 million Real Estate Owned $1.66 million Historic Data - December 2010 Assets $153.68 million Equity Capital $13.41 million Loan Loss Allowance $2.13 million Unbacked Noncurrent Loans $2.39 million Real Estate Owned $2.06 million Profit Margin - Quarterly Net Interest Margin 6.21% Return on Assets 0.46% Return on Equity 4.85% Interest Income $6.23 million Non-Interest Income $2.51 million

Institution Health Overall Score: 3 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 Greater Minnesota Credit Union had $4.58 million in non-current loans and owned real-estate with $16.63 million in equity and loan loss allowances on hand to cover it. This gives Greater Minnesota Credit Union a Texas Ratio of 27.56% 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 Greater Minnesota Credit Union held steady from 28.65% as of December 31, 2010 to 27.56% as of December 31, 2011, resulting in a positive change of 3.79%.This indicates that the balance sheet and financial strength for Greater Minnesota Credit Union has held steady in recent periods. Deposit Growth In the past year, Greater Minnesota Credit Union has decreased its total deposits by -$7.1 million, resulting in -5.1% 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 Greater Minnesota Credit Union has shown is poor. 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. Greater Minnesota Credit Union has $147.71 million in assets with $16.63 million in equity, resulting in a capitalization level of 11.26%, which is above average.

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