Linden Nj Police & Firemen Credit Union

Linden Nj Police & Firemen Credit Union is headquartered in LINDEN and is the 93^rd largest credit union in the state of New Jersey. It is also the 4,480^th largest credit union in the nation. It was established in 1938 and as of December of 2011, it had grown to employees and 1,678 members. Linden Nj Police & Firemen Credit Union has a 5-star health rating.

Data for Q4 2011

Institution Statistics LINDEN NJ POLICE & FIREMEN NCUA # 2617 BankRate Report View Year Chartered 1938 Employees 0 Primary Regulator Assets and Liabilities Assets $10.84 million Loans $1.69 million Deposits $9.61 million Equity Capital $1.18 million Loan Loss Allowance $50,000 Unbacked Noncurrent Loans $45,000 Historic Data - December 2010 Assets $10.67 million Equity Capital $1.12 million Loan Loss Allowance $33,000 Unbacked Noncurrent Loans $72,000 Profit Margin - Quarterly Net Interest Margin 8.49% Return on Assets 0.48% Return on Equity 4.43% Interest Income $390,000 Non-Interest Income $1,000

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 Linden Nj Police & Firemen Credit Union had $45,000 in non-current loans and owned real-estate with $1.23 million in equity and loan loss allowances on hand to cover it. This gives Linden Nj Police & Firemen Credit Union a Texas Ratio of 3.67% 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 Linden Nj Police & Firemen Credit Union decreased significantly from 6.23% as of December 31, 2010 to 3.67% as of December 31, 2011, resulting in a positive change of 41.07%.This indicates that the balance sheet and financial strength for Linden Nj Police & Firemen Credit Union has improved significantly in recent periods. Deposit Growth In the past year, Linden Nj Police & Firemen Credit Union has increased its total deposits by $106,000, resulting in 1.12% 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 Linden Nj Police & Firemen 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. Linden Nj Police & Firemen Credit Union has $10.84 million in assets with $1.23 million in equity, resulting in a capitalization level of 11.30%, which is above average.

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