Knoxville News-Sentinel Employees Credit Union

Knoxville News-Sentinel Employees Credit Union is headquartered in KNOXVILLE and is the 126^th largest credit union in the state of Tennessee. It is also the 4,926^th largest credit union in the nation. It was established in 1935 and as of December of 2011, it had grown to 3 employees and 733 members. Knoxville News-Sentinel Employees Credit Union has a 5-star health rating.

Data for Q4 2011

Institution Statistics KNOXVILLE NEWS-SENTINEL EMPLOYEES NCUA # 67947 BankRate Report View Year Chartered 1935 Employees 3 Primary Regulator Assets and Liabilities Assets $8.03 million Loans $6.27 million Deposits $6.91 million Equity Capital $1.10 million Loan Loss Allowance $73,000 Unbacked Noncurrent Loans $14,000 Historic Data - December 2010 Assets $7.97 million Equity Capital $1.05 million Loan Loss Allowance $72,000 Unbacked Noncurrent Loans $8,000 Profit Margin - Quarterly Net Interest Margin 4.79% Return on Assets 0.57% Return on Equity 4.2% Interest Income $399,000 Non-Interest Income $43,000

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, 2011 Knoxville News-Sentinel Employees Credit Union had $14,000 in non-current loans and owned real-estate with $1.17 million in equity and loan loss allowances on hand to cover it. This gives Knoxville News-Sentinel Employees Credit Union a Texas Ratio of 1.20% 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 Knoxville News-Sentinel Employees Credit Union held steady from 0.71% as of December 31, 2010 to 1.20% as of December 31, 2011, resulting in a negative change of 67.96%. This indicates that the balance sheet and financial strength for Knoxville News-Sentinel Employees Credit Union has held steady in recent periods. Deposit Growth In the past year, Knoxville News-Sentinel Employees Credit Union has increased its total deposits by $1,000, resulting in 0.01% 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 Knoxville News-Sentinel Employees Credit Union has shown is 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. Knoxville News-Sentinel Employees Credit Union has $8.03 million in assets with $1.17 million in equity, resulting in a capitalization level of 14.54%, which is excellent.

No reviews have been left for this bank yet. Be the first to review.