Members Advantage Credit Union (IN)

Members Advantage Credit Union (IN) is headquartered in Michigan City and is the 40^th largest credit union in the state of Indiana. It is also the 1,647^th largest credit union in the nation. It was established in 1962 and as of December of 2011, it had grown to 29 employees and 8,787 members. Members Advantage Credit Union (IN)'s money market rates are 14% higher than the national average, and it boasts a 5-star health rating.

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Data for Q4 2011

Institution Statistics MEMBERS ADVANTAGE NCUA # 68242 BankRate Report View Year Chartered 1962 Employees 29 Primary Regulator Assets and Liabilities Assets $80.58 million Loans $38.39 million Deposits $70.82 million Equity Capital $8.83 million Loan Loss Allowance $250,000 Unbacked Noncurrent Loans $331,000 Historic Data - December 2010 Assets $75.94 million Equity Capital $8.41 million Loan Loss Allowance $323,000 Unbacked Noncurrent Loans $371,000 Profit Margin - Quarterly Net Interest Margin 5.02% Return on Assets 0.53% Return on Equity 4.82% Interest Income $3.13 million Non-Interest Income $1.20 million

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 Members Advantage Credit Union (IN) had $331,000 in non-current loans and owned real-estate with $9.08 million in equity and loan loss allowances on hand to cover it. This gives Members Advantage Credit Union (IN) a Texas Ratio of 3.64% 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 Members Advantage Credit Union (IN) held steady from 4.25% as of December 31, 2010 to 3.64% as of December 31, 2011, resulting in a positive change of 14.25%.This indicates that the balance sheet and financial strength for Members Advantage Credit Union (IN) has held steady in recent periods. Deposit Growth In the past year, Members Advantage Credit Union (IN) has increased its total deposits by $3.33 million, resulting in 4.94% 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 Members Advantage Credit Union (IN) has shown is above 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. Members Advantage Credit Union (IN) has $80.58 million in assets with $9.08 million in equity, resulting in a capitalization level of 11.27%, which is above average.

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