Heritage Usa Credit Union

Heritage Usa Credit Union is headquartered in MIDLAND and is the 179^th largest credit union in the state of Texas. It is also the 2,332^nd largest credit union in the nation. It was established in 1949 and as of December of 2011, it had grown to 23 employees and 8,236 members. Heritage Usa Credit Union has a 4-star health rating.

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Data for Q4 2011

Institution Statistics HERITAGE USA NCUA # 6434 BankRate Report View Year Chartered 1949 Employees 23 Primary Regulator Assets and Liabilities Assets $46.50 million Loans $29.80 million Deposits $43.06 million Equity Capital $3.26 million Loan Loss Allowance $299,000 Unbacked Noncurrent Loans $321,000 Historic Data - December 2010 Assets $42.17 million Equity Capital $2.78 million Loan Loss Allowance $546,000 Unbacked Noncurrent Loans $368,000 Profit Margin - Quarterly Net Interest Margin 7.59% Return on Assets 1.05% Return on Equity 14.93% Interest Income $2.41 million Non-Interest Income $684,000

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 December 31, 2011 Heritage Usa Credit Union had $321,000 in non-current loans and owned real-estate with $3.56 million in equity and loan loss allowances on hand to cover it. This gives Heritage Usa Credit Union a Texas Ratio of 9.01% 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 Heritage Usa Credit Union decreased slightly from 11.08% as of December 31, 2010 to 9.01% as of December 31, 2011, resulting in a positive change of 18.63%.This indicates that the balance sheet and financial strength for Heritage Usa Credit Union has improved slightly in recent periods. Deposit Growth In the past year, Heritage Usa Credit Union has increased its total deposits by $3.97 million, resulting in 10.15% 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 Heritage Usa 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. Heritage Usa Credit Union has $46.5 million in assets with $3.56 million in equity, resulting in a capitalization level of 7.66%, which is below average.

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