Merck Sharp & Dohme Credit Union

Merck Sharp & Dohme Credit Union is headquartered in Chalfont and is the 15^st largest credit union in the state of Pennsylvania. It is also the 424^th largest credit union in the nation. It was established in 1950 and as of December of 2011, it had grown to 72 employees and 27,399 members. Merck Sharp & Dohme Credit Union has a 5-star health rating.

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Data for Q4 2011

Institution Statistics MERCK SHARP & DOHME NCUA # 6574 BankRate Report View Year Chartered 1950 Employees 72 Primary Regulator Assets and Liabilities Assets $459.50 million Loans $196.15 million Deposits $406.19 million Equity Capital $40.64 million Loan Loss Allowance $902,000 Unbacked Noncurrent Loans $426,000 Historic Data - December 2010 Assets $432.28 million Equity Capital $35.78 million Loan Loss Allowance $576,000 Unbacked Noncurrent Loans $408,000 Profit Margin - Quarterly Net Interest Margin 4.13% Return on Assets 0.47% Return on Equity 5.34% Interest Income $14.76 million Non-Interest Income $3.42 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 Merck Sharp & Dohme Credit Union had $426,000 in non-current loans and owned real-estate with $41.54 million in equity and loan loss allowances on hand to cover it. This gives Merck Sharp & Dohme 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 Merck Sharp & Dohme Credit Union held steady from 1.12% as of December 31, 2010 to 1.03% as of December 31, 2011, resulting in a positive change of 8.61%.This indicates that the balance sheet and financial strength for Merck Sharp & Dohme Credit Union has held steady in recent periods. Deposit Growth In the past year, Merck Sharp & Dohme Credit Union has increased its total deposits by $24.71 million, resulting in 6.48% 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 Merck Sharp & Dohme 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. Merck Sharp & Dohme Credit Union has $459.5 million in assets with $41.54 million in equity, resulting in a capitalization level of 9.04%, which is average.

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