Industrial CU (MA)

Industrial CU (MA) is headquartered in Boston and is the 42^nd largest credit union in the state of Massachusetts. It is also the 1,104^th largest credit union in the nation. It was established in 1910 and as of December of 2012, it had grown to 7 employees and 2,132 members. Industrial CU (MA)'s CD rates are 17% higher than the national average, and it has a 3-star health rating.

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Data for Q4 2012

Institution Statistics INDUSTRIAL NCUA # 67994 BankRate Report View Year Chartered 1910 Employees 7 Primary Regulator Assets and Liabilities Assets $150.28 million Loans $91.97 million Deposits $133.07 million Equity Capital $16.41 million Loan Loss Allowance $791,000 Unbacked Noncurrent Loans $2.13 million Real Estate Owned $482,000 Historic Data - December 2011 Assets $163.35 million Equity Capital $15.92 million Loan Loss Allowance $668,000 Unbacked Noncurrent Loans $2.94 million Profit Margin - Quarterly Net Interest Margin 2.87% Return on Assets 0.38% Return on Equity 3.52% Interest Income $4.92 million Non-Interest Income $85,000

Institution Health Overall Score: 3 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, 2012 Industrial CU (MA) had $2.61 million in non-current loans and owned real-estate with $17.2 million in equity and loan loss allowances on hand to cover it. This gives Industrial CU (MA) a Texas Ratio of 15.16% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Industrial CU (MA) held steady from 17.70% as of December 31, 2011 to 15.16% as of December 31, 2012, resulting in a positive change of 14.35%.This indicates that the balance sheet and financial strength for Industrial CU (MA) has held steady in recent periods. Deposit Growth In the past year, Industrial CU (MA) has decreased its total deposits by -$14.04 million, resulting in -9.54% 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 Industrial CU (MA) has shown is poor. 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. Industrial CU (MA) has $150.28 million in assets with $17.2 million in equity, resulting in a capitalization level of 11.44%, which is above average.

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