I-R Employees Credit Union

I-R Employees Credit Union is headquartered in Mocksville and is the 70^th largest credit union in the state of North Carolina. It is also the 4,522^nd largest credit union in the nation. It was established in 1969 and as of December of 2011, it had grown to 5 employees and 2,372 members. I-R Employees Credit Union has a 4-star health rating.

I-R Employees Credit Union Savings Account Rates

I-R Employees Credit Union CD Rates

I-R Employees Credit Union IRA Rates

Data for Q4 2011

Institution Statistics I-R EMPLOYEES NCUA # 19513 BankRate Report View Year Chartered 1969 Employees 5 Primary Regulator Assets and Liabilities Assets $10.61 million Loans $5.51 million Deposits $9.53 million Equity Capital $1.07 million Loan Loss Allowance $21,000 Unbacked Noncurrent Loans $287,000 Real Estate Owned $165,000 Historic Data - December 2010 Assets $10.30 million Equity Capital $1.26 million Loan Loss Allowance $22,000 Unbacked Noncurrent Loans $718,000 Real Estate Owned $122,000 Profit Margin - Quarterly Net Interest Margin 6.01% Return on Assets -1.77% Return on Equity -17.59% Interest Income $379,000 Non-Interest Income $83,000

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-R Employees Credit Union had $452,000 in non-current loans and owned real-estate with $1.09 million in equity and loan loss allowances on hand to cover it. This gives I-R Employees Credit Union a Texas Ratio of 41.47% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for I-R Employees Credit Union decreased slightly from 65.63% as of December 31, 2010 to 41.47% as of December 31, 2011, resulting in a positive change of 36.81%.This indicates that the balance sheet and financial strength for I-R Employees Credit Union has improved slightly in recent periods. Deposit Growth In the past year, I-R Employees Credit Union has increased its total deposits by $506,000, resulting in 5.61% 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-R Employees Credit Union 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. I-R Employees Credit Union has $10.61 million in assets with $1.09 million in equity, resulting in a capitalization level of 10.27%, which is above average.

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