I.B.E.W. - Local No. 5 Credit Union

I.B.E.W. - Local No. 5 Credit Union is headquartered in Pittsburgh and is the 270^th largest credit union in the state of Pennsylvania. It is also the 4,629^th largest credit union in the nation. It was established in 1974 and as of December of 2011, it had grown to 1 employees and 1,420 members. I.B.E.W. - Local No. 5 Credit Union has a 4-star health rating.

Data for Q4 2011

Institution Statistics I.B.E.W. - LOCAL NO. 5 NCUA # 21782 BankRate Report View Year Chartered 1974 Employees 1 Primary Regulator Assets and Liabilities Assets $9.93 million Loans $901,000 Deposits $9.02 million Equity Capital $903,000 Loan Loss Allowance $32,000 Unbacked Noncurrent Loans $57,000 Historic Data - December 2010 Assets $10.10 million Equity Capital $846,000 Loan Loss Allowance $17,000 Unbacked Noncurrent Loans $117,000 Profit Margin - Quarterly Net Interest Margin 6.73% Return on Assets 0.6% Return on Equity 6.64% Interest Income $346,000 Non-Interest Income $3,000

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.B.E.W. - Local No. 5 Credit Union had $57,000 in non-current loans and owned real-estate with $935,000 in equity and loan loss allowances on hand to cover it. This gives I.B.E.W. - Local No. 5 Credit Union a Texas Ratio of 6.10% 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.B.E.W. - Local No. 5 Credit Union decreased significantly from 13.56% as of December 31, 2010 to 6.10% as of December 31, 2011, resulting in a positive change of 55.03%.This indicates that the balance sheet and financial strength for I.B.E.W. - Local No. 5 Credit Union has improved significantly in recent periods. Deposit Growth In the past year, I.B.E.W. - Local No. 5 Credit Union has decreased its total deposits by $-214,000, resulting in -2.32% 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.B.E.W. - Local No. 5 Credit Union has shown is below 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.B.E.W. - Local No. 5 Credit Union has $9.93 million in assets with $935,000 in equity, resulting in a capitalization level of 9.42%, which is average.

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