Lake Chem Community Credit Union

Lake Chem Community Credit Union is headquartered in Benton and is the 21^st largest credit union in the state of Kentucky. It is also the 2,389^th largest credit union in the nation. It was established in 1971 and as of December of 2011, it had grown to 18 employees and 7,832 members. Lake Chem Community Credit Union's savings rates are 94% higher than the national average, and it has a 4-star health rating.

Lake Chem Community Credit Union Checking Account Rates

Lake Chem Community Credit Union Savings Account Rates

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Lake Chem Community Credit Union IRA Rates

Data for Q4 2011

Institution Statistics LAKE CHEM COMMUNITY NCUA # 20641 BankRate Report View Year Chartered 1971 Employees 18 Primary Regulator Assets and Liabilities Assets $44.62 million Loans $32.90 million Deposits $40.42 million Equity Capital $4.16 million Loan Loss Allowance $116,000 Unbacked Noncurrent Loans $343,000 Real Estate Owned $153,000 Historic Data - December 2010 Assets $42.44 million Equity Capital $4.00 million Loan Loss Allowance $116,000 Unbacked Noncurrent Loans $168,000 Profit Margin - Quarterly Net Interest Margin 4.57% Return on Assets 0.35% Return on Equity 3.75% Interest Income $2.05 million Non-Interest Income $307,000

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 Lake Chem Community Credit Union had $496,000 in non-current loans and owned real-estate with $4.27 million in equity and loan loss allowances on hand to cover it. This gives Lake Chem Community Credit Union a Texas Ratio of 11.61% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Lake Chem Community Credit Union increased slightly from 4.08% as of December 31, 2010 to 11.61% as of December 31, 2011, resulting in a negative change of 184.39%. This indicates that the balance sheet and financial strength for Lake Chem Community Credit Union has declined slightly in recent periods. Deposit Growth In the past year, Lake Chem Community Credit Union has increased its total deposits by $1.99 million, resulting in 5.18% 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 Lake Chem Community 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. Lake Chem Community Credit Union has $44.62 million in assets with $4.27 million in equity, resulting in a capitalization level of 9.57%, which is average.

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