Healthcare Employees Credit Union

Healthcare Employees Credit Union is headquartered in Princeton and is the 30^th largest credit union in the state of New Jersey. It is also the 1,547^th largest credit union in the nation. It was established in 1984 and as of March of 2013, it had grown to 18 employees and 19,518 members. Healthcare Employees Credit Union has a 4-star health rating.

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Data for Q1 2013

Institution Statistics HEALTHCARE EMPLOYEES NCUA # 24150 BankRate Report View Year Chartered 1984 Employees 18 Primary Regulator Assets and Liabilities Assets $94.80 million Loans $41.38 million Deposits $86.98 million Equity Capital $7.49 million Loan Loss Allowance $178,000 Unbacked Noncurrent Loans $1.13 million Historic Data - March 2012 Assets $87.81 million Equity Capital $7.57 million Loan Loss Allowance $226,000 Unbacked Noncurrent Loans $1.57 million Profit Margin - Quarterly Net Interest Margin 1.11% Return on Assets 0.11% Return on Equity 1.44% Interest Income $580,000 Non-Interest Income $246,000

Institution Health Overall Score: 4 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 March 31, 2013 Healthcare Employees Credit Union had $1.12 million in non-current loans and owned real-estate with $7.67 million in equity and loan loss allowances on hand to cover it. This gives Healthcare Employees Credit Union a Texas Ratio of 14.67% 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 Healthcare Employees Credit Union decreased slightly from 20.10% as of March 31, 2012 to 14.67% as of March 31, 2013, resulting in a positive change of 27.02%.This indicates that the balance sheet and financial strength for Healthcare Employees Credit Union has improved slightly in recent periods. Deposit Growth In the past year, Healthcare Employees Credit Union has increased its total deposits by $7.03 million, resulting in 8.79% 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 Healthcare Employees 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. Healthcare Employees Credit Union has $94.8 million in assets with $7.67 million in equity, resulting in a capitalization level of 8.09%, which is average.

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