Legal Community Credit Union Of Col

Legal Community Credit Union Of Col is headquartered in Littleton and is the 87^th largest credit union in the state of Colorado. It is also the 5,848^th largest credit union in the nation. It was established in 1979 and as of December of 2011, it had grown to 2 employees and 819 members. Legal Community Credit Union Of Col has a 4-star health rating.

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Data for Q4 2011

Institution Statistics LEGAL COMMUNITY CREDIT UNION OF COL NCUA # 65111 BankRate Report View Year Chartered 1979 Employees 2 Primary Regulator Assets and Liabilities Assets $3.66 million Loans $2.93 million Deposits $3.36 million Equity Capital $294,000 Loan Loss Allowance $46,000 Unbacked Noncurrent Loans $7,000 Historic Data - December 2010 Assets $4.40 million Equity Capital $333,000 Loan Loss Allowance $40,000 Unbacked Noncurrent Loans $144,000 Profit Margin - Quarterly Net Interest Margin 7.86% Return on Assets -1.04% Return on Equity -12.93% Interest Income $279,000 Non-Interest Income $76,000

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 Legal Community Credit Union Of Col had $7,000 in non-current loans and owned real-estate with $340,000 in equity and loan loss allowances on hand to cover it. This gives Legal Community Credit Union Of Col a Texas Ratio of 2.06% 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 Legal Community Credit Union Of Col decreased significantly from 38.61% as of December 31, 2010 to 2.06% as of December 31, 2011, resulting in a positive change of 94.67%.This indicates that the balance sheet and financial strength for Legal Community Credit Union Of Col has improved significantly in recent periods. Deposit Growth In the past year, Legal Community Credit Union Of Col has decreased its total deposits by $-687,000, resulting in -16.96% 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 Legal Community Credit Union Of Col has shown is poor. 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. Legal Community Credit Union Of Col has $3.66 million in assets with $340,000 in equity, resulting in a capitalization level of 9.28%, which is average.

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