Industrial CU (MA)

Industrial CU (MA) is headquartered in Boston and is the 41^st largest credit union in the state of Massachusetts. It is also the 998^th largest credit union in the nation. It was established in 1910 and as of September of 2011, it had grown to 7 employees and 2,487 members. Industrial CU (MA)'s savings rates are 25% higher than the national average, and it has a 4-star health rating.

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Data for Q3 2011

Institution Statistics INDUSTRIAL NCUA # 67994 BankRate Report View Year Established 1910 Employees 7 Primary Regulator Assets and Liabilities Assets $161.17 million Loans $86.37 million Deposits $145.39 million Equity Capital $15.48 million Loan Loss Allowance $639,000 Unbacked Noncurrent Loans $3.32 million Real Estate Owned $485,000 Historic Data - September 2010 Assets $142.34 million Equity Capital $14.91 million Loan Loss Allowance $1.07 million Unbacked Noncurrent Loans $3.66 million Profit Margin - Quarterly Net Interest Margin 2.54% Return on Assets 0.39% Return on Equity 4.07% Interest Income $4.36 million Non-Interest Income $51,000

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 September 30, 2011 Industrial CU (MA) had $3.81 million in non-current loans and owned real-estate with $16.12 million in equity and loan loss allowances on hand to cover it. This gives Industrial CU (MA) a Texas Ratio of 23.62% 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 22.92% as of September 30, 2010 to 23.62% as of September 30, 2011, resulting in a negative change of 3.08%. 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 increased its total deposits by $18.25 million, resulting in 14.36% 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 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. Industrial CU (MA) has $161.17 million in assets with $16.12 million in equity, resulting in a capitalization level of 10.00%, which is above average.

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