Middlesex County N J Emp Credit Union

Middlesex County N J Emp Credit Union is headquartered in NEW BRUNSWICK and is the 103^rd largest credit union in the state of New Jersey. It is also the 4,796^th largest credit union in the nation. It was established in 1968 and as of December of 2011, it had grown to 4 employees and 2,188 members. Middlesex County N J Emp Credit Union has a 5-star health rating.

Middlesex County N J Emp Credit Union Savings Account Rates

Middlesex County N J Emp Credit Union CD Rates

Data for Q4 2011

Institution Statistics MIDDLESEX COUNTY N J EMP NCUA # 18628 BankRate Report View Year Chartered 1968 Employees 4 Primary Regulator Assets and Liabilities Assets $8.72 million Loans $2.19 million Deposits $7.29 million Equity Capital $1.40 million Loan Loss Allowance $42,000 Unbacked Noncurrent Loans $35,000 Historic Data - December 2010 Assets $8.32 million Equity Capital $1.45 million Loan Loss Allowance $37,000 Unbacked Noncurrent Loans $61,000 Profit Margin - Quarterly Net Interest Margin 11.42% Return on Assets -0.52% Return on Equity -3.21% Interest Income $375,000 Non-Interest Income $58,000

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 Middlesex County N J Emp Credit Union had $35,000 in non-current loans and owned real-estate with $1.44 million in equity and loan loss allowances on hand to cover it. This gives Middlesex County N J Emp Credit Union a Texas Ratio of 2.42% 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 Middlesex County N J Emp Credit Union decreased significantly from 4.11% as of December 31, 2010 to 2.42% as of December 31, 2011, resulting in a positive change of 41.03%.This indicates that the balance sheet and financial strength for Middlesex County N J Emp Credit Union has improved significantly in recent periods. Deposit Growth In the past year, Middlesex County N J Emp Credit Union has increased its total deposits by $433,000, resulting in 6.31% 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 Middlesex County N J Emp 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. Middlesex County N J Emp Credit Union has $8.72 million in assets with $1.44 million in equity, resulting in a capitalization level of 16.56%, which is excellent.

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