Heard A.M.E. Credit Union

Heard A.M.E. Credit Union is headquartered in Roselle and is the 194^th largest credit union in the state of New Jersey. It is also the 7,048^th largest credit union in the nation. It was established in 1980 and as of December of 2011, it had grown to employees and 266 members. Heard A.M.E. Credit Union has a 5-star health rating.

Data for Q4 2011

Institution Statistics HEARD A.M.E. NCUA # 23615 BankRate Report View Year Chartered 1980 Employees 0 Primary Regulator Assets and Liabilities Assets $315,000 Loans $34,000 Deposits $273,000 Equity Capital $38,000 Loan Loss Allowance $1,000 Unbacked Noncurrent Loans $4,000 Historic Data - December 2010 Assets $269,000 Equity Capital $47,000 Loan Loss Allowance $7,000 Unbacked Noncurrent Loans $8,000 Profit Margin - Quarterly Net Interest Margin 5.15% Return on Assets -3.17% Return on Equity -26.32% Interest Income $1,000 Non-Interest Income $2,000

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, 2011 Heard A.M.E. Credit Union had $4,000 in non-current loans and owned real-estate with $39,000 in equity and loan loss allowances on hand to cover it. This gives Heard A.M.E. Credit Union a Texas Ratio of 10.26% 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 Heard A.M.E. Credit Union decreased slightly from 14.81% as of December 31, 2010 to 10.26% as of December 31, 2011, resulting in a positive change of 30.77%.This indicates that the balance sheet and financial strength for Heard A.M.E. Credit Union has improved slightly in recent periods. Deposit Growth In the past year, Heard A.M.E. Credit Union has increased its total deposits by $51,000, resulting in 22.97% 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 Heard A.M.E. 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. Heard A.M.E. Credit Union has $315,000 in assets with $39,000 in equity, resulting in a capitalization level of 12.38%, which is excellent.

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