iQ Credit Union

iQ Credit Union is headquartered in Vancouver and is the 17^st largest credit union in the state of Washington. It is also the 441^st largest credit union in the nation. It was established in 1940 and as of September of 2011, it had grown to 148 employees and 46,575 members. iQ Credit Union has a 4-star health rating.

iQ Credit Union Routing Number: 323383378

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Data for Q3 2011

Institution Statistics IQ NCUA # 60438 BankRate Report View Year Established 1940 Employees 148 Primary Regulator Assets and Liabilities Assets $442.79 million Loans $272.30 million Deposits $405.62 million Equity Capital $32.98 million Loan Loss Allowance $6.29 million Unbacked Noncurrent Loans $3.19 million Real Estate Owned $1.14 million Historic Data - September 2010 Assets $435.64 million Equity Capital $30.22 million Loan Loss Allowance $6.58 million Unbacked Noncurrent Loans $3.25 million Real Estate Owned $1.04 million Profit Margin - Quarterly Net Interest Margin 3.96% Return on Assets 0.52% Return on Equity 6.97% Interest Income $13.02 million Non-Interest Income $6.46 million

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 iQ Credit Union had $4.33 million in non-current loans and owned real-estate with $39.27 million in equity and loan loss allowances on hand to cover it. This gives iQ Credit Union a Texas Ratio of 11.02% 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 iQ Credit Union held steady from 11.65% as of September 30, 2010 to 11.02% as of September 30, 2011, resulting in a positive change of 5.38%.This indicates that the balance sheet and financial strength for iQ Credit Union has held steady in recent periods. Deposit Growth In the past year, iQ Credit Union has increased its total deposits by $4.6 million, resulting in 1.15% 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 iQ Credit Union has shown is above 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. iQ Credit Union has $442.79 million in assets with $39.27 million in equity, resulting in a capitalization level of 8.87%, which is average.

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