Lu 354 I B E W Credit Union

Lu 354 I B E W Credit Union is headquartered in Salt Lake City and is the 44^th largest credit union in the state of Utah. It is also the 3,877^th largest credit union in the nation. It was established in 1954 and as of December of 2011, it had grown to 5 employees and 2,211 members. Lu 354 I B E W Credit Union has a 3-star health rating.

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Data for Q4 2011

Institution Statistics LU 354 I B E W NCUA # 9398 BankRate Report View Year Chartered 1954 Employees 5 Primary Regulator Assets and Liabilities Assets $16.16 million Loans $13.79 million Deposits $14.06 million Equity Capital $2.08 million Loan Loss Allowance $119,000 Unbacked Noncurrent Loans $432,000 Historic Data - December 2010 Assets $16.35 million Equity Capital $1.96 million Loan Loss Allowance $57,000 Unbacked Noncurrent Loans $283,000 Profit Margin - Quarterly Net Interest Margin 5.33% Return on Assets 0.75% Return on Equity 5.85% Interest Income $880,000 Non-Interest Income $159,000

Institution Health Overall Score: 3 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 Lu 354 I B E W Credit Union had $432,000 in non-current loans and owned real-estate with $2.2 million in equity and loan loss allowances on hand to cover it. This gives Lu 354 I B E W Credit Union a Texas Ratio of 19.61% 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 Lu 354 I B E W Credit Union increased slightly from 14.02% as of December 31, 2010 to 19.61% as of December 31, 2011, resulting in a negative change of 39.90%. This indicates that the balance sheet and financial strength for Lu 354 I B E W Credit Union has declined slightly in recent periods. Deposit Growth In the past year, Lu 354 I B E W Credit Union has decreased its total deposits by $-308,000, resulting in -2.14% 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 Lu 354 I B E W 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. Lu 354 I B E W Credit Union has $16.16 million in assets with $2.2 million in equity, resulting in a capitalization level of 13.63%, which is excellent.

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