Kennedy Space Center Credit Union

Kennedy Space Center Credit Union is headquartered in Merritt Island and is the 18^st largest credit union in the state of Florida. It is also the 340^th largest credit union in the nation. It was established in 1963 and as of December of 2012, it had grown to 159 employees and 54,350 members. Kennedy Space Center Credit Union has a 5-star health rating.

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Data for Q4 2012

Institution Statistics KENNEDY SPACE CENTER NCUA # 15605 BankRate Report View Year Chartered 1963 Employees 159 Primary Regulator Assets and Liabilities Assets $619.22 million Loans $206.36 million Deposits $537.49 million Equity Capital $75.86 million Loan Loss Allowance $2.13 million Unbacked Noncurrent Loans $1.31 million Real Estate Owned $91,000 Historic Data - December 2011 Assets $566.84 million Equity Capital $71.92 million Loan Loss Allowance $2.24 million Unbacked Noncurrent Loans $958,000 Real Estate Owned $137,000 Profit Margin - Quarterly Net Interest Margin 6.34% Return on Assets 0.52% Return on Equity 4.26% Interest Income $16.38 million Non-Interest Income $6.12 million

Institution Health Overall Score: 5 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 Kennedy Space Center Credit Union had $1.4 million in non-current loans and owned real-estate with $77.98 million in equity and loan loss allowances on hand to cover it. This gives Kennedy Space Center Credit Union a Texas Ratio of 1.80% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Kennedy Space Center Credit Union held steady from 1.48% as of December 31, 2011 to 1.80% as of December 31, 2012, resulting in a negative change of 21.93%. This indicates that the balance sheet and financial strength for Kennedy Space Center Credit Union has held steady in recent periods. Deposit Growth In the past year, Kennedy Space Center Credit Union has increased its total deposits by $48.88 million, resulting in 10.01% 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 Kennedy Space Center 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. Kennedy Space Center Credit Union has $619.22 million in assets with $77.98 million in equity, resulting in a capitalization level of 12.59%, which is excellent.

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