I C S Credit Union

I C S Credit Union is headquartered in Elma and is the 361^st largest credit union in the state of New York. It is also the 6,557^th largest credit union in the nation. It was established in 1963 and as of December of 2011, it had grown to employees and 495 members. I C S Credit Union has a 4-star health rating.

Data for Q4 2011

Institution Statistics I C S NCUA # 15662 BankRate Report View Year Chartered 1963 Employees 0 Primary Regulator Assets and Liabilities Assets $1.39 million Loans $703,000 Deposits $1.29 million Equity Capital $97,000 Loan Loss Allowance $3,000 Unbacked Noncurrent Loans $14,000 Historic Data - December 2010 Assets $1.30 million Equity Capital $104,000 Loan Loss Allowance $3,000 Unbacked Noncurrent Loans $24,000 Profit Margin - Quarterly Net Interest Margin 5.11% Return on Assets -0.43% Return on Equity -6.19% Interest Income $41,000

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 I C S Credit Union had $14,000 in non-current loans and owned real-estate with $100,000 in equity and loan loss allowances on hand to cover it. This gives I C S Credit Union a Texas Ratio of 14.00% 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 I C S Credit Union decreased slightly from 22.43% as of December 31, 2010 to 14.00% as of December 31, 2011, resulting in a positive change of 37.58%.This indicates that the balance sheet and financial strength for I C S Credit Union has improved slightly in recent periods. Deposit Growth In the past year, I C S Credit Union has increased its total deposits by $92,000, resulting in 7.69% 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 I C S 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. I C S Credit Union has $1.39 million in assets with $100,000 in equity, resulting in a capitalization level of 7.20%, which is below average.

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