Local 194-6 Credit Union

Local 194-6 Credit Union is headquartered in Morganville and is the 147^th largest credit union in the state of New Jersey. It is also the 5,756^th largest credit union in the nation. It was established in 1973 and as of December of 2011, it had grown to 2 employees and 1,098 members. Local 194-6 Credit Union has a 5-star health rating.

Data for Q4 2011

Institution Statistics LOCAL 194-6 NCUA # 21221 BankRate Report View Year Chartered 1973 Employees 2 Primary Regulator Assets and Liabilities Assets $4.06 million Loans $2.38 million Deposits $3.05 million Equity Capital $1.00 million Loan Loss Allowance $77,000 Unbacked Noncurrent Loans $41,000 Historic Data - December 2010 Assets $4.08 million Equity Capital $1.01 million Loan Loss Allowance $74,000 Unbacked Noncurrent Loans $48,000 Profit Margin - Quarterly Net Interest Margin 9.34% Return on Assets 0.15% Return on Equity 0.6% Interest Income $281,000 Non-Interest Income $3,000

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 Local 194-6 Credit Union had $41,000 in non-current loans and owned real-estate with $1.08 million in equity and loan loss allowances on hand to cover it. This gives Local 194-6 Credit Union a Texas Ratio of 3.80% 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 Local 194-6 Credit Union held steady from 4.44% as of December 31, 2010 to 3.80% as of December 31, 2011, resulting in a positive change of 14.50%.This indicates that the balance sheet and financial strength for Local 194-6 Credit Union has held steady in recent periods. Deposit Growth In the past year, Local 194-6 Credit Union has decreased its total deposits by $-25,000, resulting in -0.81% 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 Local 194-6 Credit Union has shown is 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. Local 194-6 Credit Union has $4.06 million in assets with $1.08 million in equity, resulting in a capitalization level of 26.63%, which is excellent.

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