Jersey Trades Credit Union

Jersey Trades Credit Union is headquartered in Parsippany and is the 36^th largest credit union in the state of New Jersey. It is also the 1,822^nd largest credit union in the nation. It was established in 1973 and as of December of 2011, it had grown to 15 employees and 24,481 members. Jersey Trades Credit Union has a 4-star health rating.

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Data for Q4 2011

Institution Statistics JERSEY TRADES NCUA # 21244 BankRate Report View Year Chartered 1973 Employees 15 Primary Regulator Assets and Liabilities Assets $69.61 million Loans $38.64 million Deposits $57.92 million Equity Capital $11.43 million Loan Loss Allowance $1.17 million Unbacked Noncurrent Loans $3.09 million Historic Data - December 2010 Assets $69.13 million Equity Capital $11.95 million Loan Loss Allowance $703,000 Unbacked Noncurrent Loans $3.72 million Profit Margin - Quarterly Net Interest Margin 6.52% Return on Assets -0.75% Return on Equity -4.54% Interest Income $2.99 million Non-Interest Income $320,000

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 Jersey Trades Credit Union had $3.09 million in non-current loans and owned real-estate with $12.6 million in equity and loan loss allowances on hand to cover it. This gives Jersey Trades Credit Union a Texas Ratio of 24.50% 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 Jersey Trades Credit Union decreased slightly from 29.38% as of December 31, 2010 to 24.50% as of December 31, 2011, resulting in a positive change of 16.62%.This indicates that the balance sheet and financial strength for Jersey Trades Credit Union has improved slightly in recent periods. Deposit Growth In the past year, Jersey Trades Credit Union has increased its total deposits by $1.07 million, resulting in 1.88% 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 Jersey Trades 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. Jersey Trades Credit Union has $69.61 million in assets with $12.6 million in equity, resulting in a capitalization level of 18.10%, which is excellent.

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