Local 50 Plumbers & Steamftrs Credit Union

Local 50 Plumbers & Steamftrs Credit Union is headquartered in Northwood and is the 248^th largest credit union in the state of Ohio. It is also the 5,057^th largest credit union in the nation. It was established in 1969 and as of December of 2011, it had grown to 2 employees and 1,878 members. Local 50 Plumbers & Steamftrs Credit Union has a 4-star health rating.

Data for Q4 2011

Institution Statistics LOCAL 50 PLUMBERS & STEAMFTRS NCUA # 19723 BankRate Report View Year Chartered 1969 Employees 2 Primary Regulator Assets and Liabilities Assets $7.37 million Loans $3.84 million Deposits $6.34 million Equity Capital $1.01 million Loan Loss Allowance $33,000 Unbacked Noncurrent Loans $222,000 Historic Data - December 2010 Assets $7.45 million Equity Capital $1.03 million Loan Loss Allowance $34,000 Unbacked Noncurrent Loans $339,000 Profit Margin - Quarterly Net Interest Margin 6.9% Return on Assets -0.19% Return on Equity -1.38% Interest Income $302,000 Non-Interest Income $13,000

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 Local 50 Plumbers & Steamftrs Credit Union had $222,000 in non-current loans and owned real-estate with $1.05 million in equity and loan loss allowances on hand to cover it. This gives Local 50 Plumbers & Steamftrs Credit Union a Texas Ratio of 21.20% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Local 50 Plumbers & Steamftrs Credit Union decreased slightly from 31.92% as of December 31, 2010 to 21.20% as of December 31, 2011, resulting in a positive change of 33.58%.This indicates that the balance sheet and financial strength for Local 50 Plumbers & Steamftrs Credit Union has improved slightly in recent periods. Deposit Growth In the past year, Local 50 Plumbers & Steamftrs Credit Union has decreased its total deposits by $-74,000, resulting in -1.15% 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 50 Plumbers & Steamftrs 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. Local 50 Plumbers & Steamftrs Credit Union has $7.36 million in assets with $1.05 million in equity, resulting in a capitalization level of 14.22%, which is excellent.

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