Knoxville Teachers Credit Union

Knoxville Teachers Credit Union is headquartered in KNOXVILLE and is the 20^th largest credit union in the state of Tennessee. It is also the 919^st largest credit union in the nation. It was established in 1934 and as of December of 2011, it had grown to 33 employees and 7,270 members. Knoxville Teachers Credit Union's savings rates are 35% higher than the national average, and it has a 4-star health rating.

Knoxville Teachers Credit Union Routing Number: 264279606

Knoxville Teachers Credit Union Checking Account Rates

Knoxville Teachers Credit Union Savings Account Rates

Data for Q4 2011

Institution Statistics KNOXVILLE TEACHERS NCUA # 24464 BankRate Report View Year Chartered 1934 Employees 33 Primary Regulator Assets and Liabilities Assets $182.14 million Loans $110.36 million Deposits $166.09 million Equity Capital $15.99 million Loan Loss Allowance $1.71 million Unbacked Noncurrent Loans $2.75 million Real Estate Owned $1.31 million Historic Data - December 2010 Assets $178.81 million Equity Capital $15.25 million Loan Loss Allowance $1.33 million Unbacked Noncurrent Loans $3.24 million Real Estate Owned $2.50 million Profit Margin - Quarterly Net Interest Margin 5.39% Return on Assets 0.41% Return on Equity 4.66% Interest Income $8.13 million Non-Interest Income $234,000

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 Knoxville Teachers Credit Union had $4.06 million in non-current loans and owned real-estate with $17.7 million in equity and loan loss allowances on hand to cover it. This gives Knoxville Teachers Credit Union a Texas Ratio of 22.95% 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 Knoxville Teachers Credit Union decreased slightly from 34.66% as of December 31, 2010 to 22.95% as of December 31, 2011, resulting in a positive change of 33.80%.This indicates that the balance sheet and financial strength for Knoxville Teachers Credit Union has improved slightly in recent periods. Deposit Growth In the past year, Knoxville Teachers Credit Union has increased its total deposits by $2.54 million, resulting in 1.55% 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 Teachers 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. Knoxville Teachers Credit Union has $182.14 million in assets with $17.7 million in equity, resulting in a capitalization level of 9.72%, which is average.

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