Healthplus Credit Union

Healthplus Credit Union is headquartered in JACKSON and is the 53^rd largest credit union in the state of Mississippi. It is also the 5,191^st largest credit union in the nation. It was established in 1948 and as of December of 2012, it had grown to 4 employees and 1,933 members. Healthplus Credit Union has a 5-star health rating.

Healthplus Credit Union Savings Account Rates

Data for Q4 2012

Institution Statistics HEALTHPLUS NCUA # 5930 BankRate Report View Year Chartered 1948 Employees 4 Primary Regulator Assets and Liabilities Assets $6.21 million Loans $2.26 million Deposits $5.25 million Equity Capital $926,000 Loan Loss Allowance $30,000 Unbacked Noncurrent Loans $62,000 Historic Data - December 2011 Assets $6.51 million Equity Capital $1.24 million Loan Loss Allowance $27,000 Unbacked Noncurrent Loans $38,000 Profit Margin - Quarterly Net Interest Margin 9.41% Return on Assets -5.23% Return on Equity -35.1% Interest Income $236,000 Non-Interest Income ($18,000)

Institution Health Overall Score: 5 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, 2012 Healthplus Credit Union had $62,000 in non-current loans and owned real-estate with $956,000 in equity and loan loss allowances on hand to cover it. This gives Healthplus Credit Union a Texas Ratio of 6.49% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Healthplus Credit Union held steady from 2.99% as of December 31, 2011 to 6.49% as of December 31, 2012, resulting in a negative change of 116.58%. This indicates that the balance sheet and financial strength for Healthplus Credit Union has held steady in recent periods. Deposit Growth In the past year, Healthplus Credit Union has increased its total deposits by $23,000, resulting in 0.44% 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 Healthplus Credit Union has shown is 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. Healthplus Credit Union has $6.21 million in assets with $956,000 in equity, resulting in a capitalization level of 15.39%, which is excellent.

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