Melrose School & Municipal Employee Credit Union

Melrose School & Municipal Employee Credit Union is headquartered in MELROSE and is the 134^th largest credit union in the state of Massachusetts. It is also the 4,481^st largest credit union in the nation. It was established in 1962 and as of December of 2011, it had grown to 3 employees and 1,915 members. Melrose School & Municipal Employee Credit Union has a 5-star health rating.

Melrose School & Municipal Employee Credit Union Savings Account Rates

Melrose School & Municipal Employee Credit Union CD Rates

Data for Q4 2011

Institution Statistics MELROSE SCHOOL & MUNICIPAL EMPLOYEE NCUA # 14820 BankRate Report View Year Chartered 1962 Employees 3 Primary Regulator Assets and Liabilities Assets $10.84 million Loans $4.32 million Deposits $9.02 million Equity Capital $1.81 million Loan Loss Allowance $25,000 Unbacked Noncurrent Loans $19,000 Historic Data - December 2010 Assets $10.25 million Equity Capital $1.79 million Loan Loss Allowance $40,000 Unbacked Noncurrent Loans $34,000 Profit Margin - Quarterly Net Interest Margin 5.12% Return on Assets 0.18% Return on Equity 1.05% Interest Income $386,000 Non-Interest Income $22,000

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 Melrose School & Municipal Employee Credit Union had $19,000 in non-current loans and owned real-estate with $1.84 million in equity and loan loss allowances on hand to cover it. This gives Melrose School & Municipal Employee Credit Union a Texas Ratio of 1.03% 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 Melrose School & Municipal Employee Credit Union decreased significantly from 1.86% as of December 31, 2010 to 1.03% as of December 31, 2011, resulting in a positive change of 44.27%.This indicates that the balance sheet and financial strength for Melrose School & Municipal Employee Credit Union has improved significantly in recent periods. Deposit Growth In the past year, Melrose School & Municipal Employee Credit Union has increased its total deposits by $575,000, resulting in 6.81% 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 Melrose School & Municipal Employee Credit Union has shown is excellent. 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. Melrose School & Municipal Employee Credit Union has $10.84 million in assets with $1.84 million in equity, resulting in a capitalization level of 16.95%, which is excellent.

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