Gulf Credit Union

Gulf Credit Union is headquartered in Groves and is the 67^th largest credit union in the state of Texas. It is also the 814^st largest credit union in the nation. It was established in 1941 and as of December of 2011, it had grown to 88 employees and 30,217 members. Gulf Credit Union has a 2-star health rating.

Gulf Credit Union Routing Number: 313182615

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Data for Q4 2011

Institution Statistics GULF NCUA # 60205 BankRate Report View Year Chartered 1941 Employees 88 Primary Regulator Assets and Liabilities Assets $219.35 million Loans $127.10 million Deposits $203.09 million Equity Capital $13.79 million Loan Loss Allowance $1.04 million Unbacked Noncurrent Loans $2.14 million Real Estate Owned $267,000 Historic Data - December 2010 Assets $226.43 million Equity Capital $13.08 million Loan Loss Allowance $1.35 million Unbacked Noncurrent Loans $1.08 million Real Estate Owned $64,000 Profit Margin - Quarterly Net Interest Margin 5.81% Return on Assets 0.32% Return on Equity 5.03% Interest Income $8.69 million Non-Interest Income $5.02 million

Institution Health Overall Score: 2 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 Gulf Credit Union had $2.41 million in non-current loans and owned real-estate with $14.83 million in equity and loan loss allowances on hand to cover it. This gives Gulf Credit Union a Texas Ratio of 16.24% 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 Gulf Credit Union increased slightly from 7.92% as of December 31, 2010 to 16.24% as of December 31, 2011, resulting in a negative change of 105.11%. This indicates that the balance sheet and financial strength for Gulf Credit Union has declined slightly in recent periods. Deposit Growth In the past year, Gulf Credit Union has decreased its total deposits by -$8.51 million, resulting in -4.02% 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 Gulf Credit Union has shown is below 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. Gulf Credit Union has $219.35 million in assets with $14.83 million in equity, resulting in a capitalization level of 6.76%, which is below average.

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