Mass Bay Credit Union

Mass Bay Credit Union is headquartered in South Boston and is the 37^th largest credit union in the state of Massachusetts. It is also the 897^th largest credit union in the nation. It was established in 1936 and as of December of 2011, it had grown to 60 employees and 16,417 members. Mass Bay Credit Union has a 3-star health rating.

Mass Bay Credit Union Routing Number: 211083557

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Data for Q4 2011

Institution Statistics MASS BAY NCUA # 68137 BankRate Report View Year Chartered 1936 Employees 60 Primary Regulator Assets and Liabilities Assets $188.60 million Loans $139.48 million Deposits $164.21 million Equity Capital $19.37 million Loan Loss Allowance $713,000 Unbacked Noncurrent Loans $5.36 million Real Estate Owned $368,000 Historic Data - December 2010 Assets $184.79 million Equity Capital $18.93 million Loan Loss Allowance $832,000 Unbacked Noncurrent Loans $3.69 million Real Estate Owned $184,000 Profit Margin - Quarterly Net Interest Margin 4.4% Return on Assets 0.37% Return on Equity 3.63% Interest Income $8.03 million Non-Interest Income $2.36 million

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 Mass Bay Credit Union had $5.73 million in non-current loans and owned real-estate with $20.09 million in equity and loan loss allowances on hand to cover it. This gives Mass Bay Credit Union a Texas Ratio of 28.54% 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 Mass Bay Credit Union increased slightly from 19.61% as of December 31, 2010 to 28.54% as of December 31, 2011, resulting in a negative change of 45.56%. This indicates that the balance sheet and financial strength for Mass Bay Credit Union has declined slightly in recent periods. Deposit Growth In the past year, Mass Bay Credit Union has increased its total deposits by $1.17 million, resulting in 0.72% 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 Mass Bay 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. Mass Bay Credit Union has $188.6 million in assets with $20.09 million in equity, resulting in a capitalization level of 10.65%, which is above average.

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