Link Credit Union

Link Credit Union is headquartered in Indianapolis and is the 90^th largest credit union in the state of Indiana. It is also the 3,576^th largest credit union in the nation. It was established in 1983 and as of December of 2011, it had grown to 12 employees and 4,078 members. Link Credit Union has a 4-star health rating.

Link Credit Union Savings Account Rates

Link Credit Union Money Market Rates

Link Credit Union CD Rates

Link Credit Union IRA Rates

Data for Q4 2011

Institution Statistics LINK NCUA # 23975 BankRate Report View Year Chartered 1983 Employees 12 Primary Regulator Assets and Liabilities Assets $19.79 million Loans $12.88 million Deposits $17.89 million Equity Capital $1.83 million Loan Loss Allowance $342,000 Unbacked Noncurrent Loans $312,000 Historic Data - December 2010 Assets $20.60 million Equity Capital $1.72 million Loan Loss Allowance $456,000 Unbacked Noncurrent Loans $384,000 Profit Margin - Quarterly Net Interest Margin 8.53% Return on Assets 0.52% Return on Equity 5.59% Interest Income $1.15 million Non-Interest Income $483,000

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 Link Credit Union had $312,000 in non-current loans and owned real-estate with $2.17 million in equity and loan loss allowances on hand to cover it. This gives Link Credit Union a Texas Ratio of 14.39% 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 Link Credit Union decreased slightly from 17.64% as of December 31, 2010 to 14.39% as of December 31, 2011, resulting in a positive change of 18.41%.This indicates that the balance sheet and financial strength for Link Credit Union has improved slightly in recent periods. Deposit Growth In the past year, Link Credit Union has decreased its total deposits by $-881,000, resulting in -4.69% 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 Link Credit Union has shown is below 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. Link Credit Union has $19.78 million in assets with $2.17 million in equity, resulting in a capitalization level of 10.96%, which is above average.

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