Healthcare Plus Credit Union

Healthcare Plus Credit Union is headquartered in Aberdeen and is the 15^st largest credit union in the state of South Dakota. It is also the 2,719^st largest credit union in the nation. It was established in 1979 and as of December of 2011, it had grown to 12 employees and 3,655 members. Healthcare Plus Credit Union's savings rates are 3X the national average, and it has a 3-star health rating.

Healthcare Plus Credit Union Checking Account Rates

Healthcare Plus Credit Union Savings Account Rates

Healthcare Plus Credit Union CD Rates

Data for Q4 2011

Institution Statistics HEALTHCARE PLUS NCUA # 23371 BankRate Report View Year Chartered 1979 Employees 12 Primary Regulator Assets and Liabilities Assets $35.07 million Loans $28.63 million Deposits $32.15 million Equity Capital $2.59 million Loan Loss Allowance $203,000 Unbacked Noncurrent Loans $890,000 Real Estate Owned $49,000 Historic Data - December 2010 Assets $33.87 million Equity Capital $2.36 million Loan Loss Allowance $255,000 Unbacked Noncurrent Loans $940,000 Real Estate Owned $79,000 Profit Margin - Quarterly Net Interest Margin 4.96% Return on Assets 0.66% Return on Equity 8.96% Interest Income $1.87 million Non-Interest Income $320,000

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 Healthcare Plus Credit Union had $939,000 in non-current loans and owned real-estate with $2.79 million in equity and loan loss allowances on hand to cover it. This gives Healthcare Plus Credit Union a Texas Ratio of 33.63% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Healthcare Plus Credit Union held steady from 39.03% as of December 31, 2010 to 33.63% as of December 31, 2011, resulting in a positive change of 13.82%.This indicates that the balance sheet and financial strength for Healthcare Plus Credit Union has held steady in recent periods. Deposit Growth In the past year, Healthcare Plus Credit Union has increased its total deposits by $984,000, resulting in 3.16% 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 Plus Credit Union has shown is above 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. Healthcare Plus Credit Union has $35.07 million in assets with $2.79 million in equity, resulting in a capitalization level of 7.96%, which is below average.

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