I F F Employees Credit Union

I F F Employees Credit Union is headquartered in Hazlet and is the 91^st largest credit union in the state of New Jersey. It is also the 4,326^th largest credit union in the nation. It was established in 1971 and as of December of 2011, it had grown to 4 employees and 2,053 members. I F F Employees Credit Union has a 5-star health rating.

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Data for Q4 2011

Institution Statistics I F F EMPLOYEES NCUA # 20807 BankRate Report View Year Chartered 1971 Employees 4 Primary Regulator Assets and Liabilities Assets $12.06 million Loans $7.22 million Deposits $10.87 million Equity Capital $1.18 million Loan Loss Allowance $56,000 Unbacked Noncurrent Loans $73,000 Historic Data - December 2010 Assets $12.07 million Equity Capital $1.21 million Loan Loss Allowance $59,000 Unbacked Noncurrent Loans $184,000 Profit Margin - Quarterly Net Interest Margin 6.35% Return on Assets -0.17% Return on Equity -1.78% Interest Income $514,000 Non-Interest Income $70,000

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 I F F Employees Credit Union had $73,000 in non-current loans and owned real-estate with $1.24 million in equity and loan loss allowances on hand to cover it. This gives I F F Employees Credit Union a Texas Ratio of 5.89% 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 I F F Employees Credit Union decreased significantly from 14.56% as of December 31, 2010 to 5.89% as of December 31, 2011, resulting in a positive change of 59.53%.This indicates that the balance sheet and financial strength for I F F Employees Credit Union has improved significantly in recent periods. Deposit Growth In the past year, I F F Employees Credit Union has increased its total deposits by $44,000, resulting in 0.41% 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 F F Employees 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. I F F Employees Credit Union has $12.06 million in assets with $1.24 million in equity, resulting in a capitalization level of 10.27%, which is above average.

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