Hanesbrands Credit Union

Hanesbrands Credit Union is headquartered in WINSTON SALEM and is the 32^nd largest credit union in the state of North Carolina. It is also the 2,153^rd largest credit union in the nation. It was established in 1938 and as of December of 2011, it had grown to 14 employees and 7,905 members. Hanesbrands Credit Union has a 3-star health rating.

Data for Q4 2011

Institution Statistics HANESBRANDS NCUA # 60881 BankRate Report View Year Chartered 1938 Employees 14 Primary Regulator Assets and Liabilities Assets $53.85 million Loans $23.29 million Deposits $46.55 million Equity Capital $7.12 million Loan Loss Allowance $85,000 Unbacked Noncurrent Loans $1.22 million Real Estate Owned $23,000 Historic Data - December 2010 Assets $56.53 million Equity Capital $6.91 million Loan Loss Allowance $130,000 Unbacked Noncurrent Loans $1.21 million Real Estate Owned $89,000 Profit Margin - Quarterly Net Interest Margin 4.62% Return on Assets -0.28% Return on Equity -2.13% Interest Income $1.69 million Non-Interest Income $559,000

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 Hanesbrands Credit Union had $1.25 million in non-current loans and owned real-estate with $7.2 million in equity and loan loss allowances on hand to cover it. This gives Hanesbrands Credit Union a Texas Ratio of 17.28% 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 Hanesbrands Credit Union held steady from 18.49% as of December 31, 2010 to 17.28% as of December 31, 2011, resulting in a positive change of 6.55%.This indicates that the balance sheet and financial strength for Hanesbrands Credit Union has held steady in recent periods. Deposit Growth In the past year, Hanesbrands Credit Union has decreased its total deposits by -$2.85 million, resulting in -5.77% 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 Hanesbrands 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. Hanesbrands Credit Union has $53.85 million in assets with $7.2 million in equity, resulting in a capitalization level of 13.38%, which is excellent.

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