Midstate Credit Union (OH)

Midstate Credit Union (OH) is headquartered in Columbus and is the 62^nd largest credit union in the state of Ohio. It is also the 1,556^th largest credit union in the nation. It was established in 1936 and as of December of 2011, it had grown to 34 employees and 18,629 members. Midstate Credit Union (OH)'s savings rates are 4X the national average, and it has a 4-star health rating.

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Midstate Credit Union (OH) Savings Account Rates

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Data for Q4 2011

Institution Statistics EDUCATION FIRST CREDIT UNION, INC. NCUA # 68447 BankRate Report View Year Chartered 1936 Employees 34 Primary Regulator Assets and Liabilities Assets $86.06 million Loans $49.32 million Deposits $76.08 million Equity Capital $9.10 million Loan Loss Allowance $409,000 Unbacked Noncurrent Loans $1.00 million Historic Data - December 2010 Assets $84.74 million Equity Capital $10.05 million Loan Loss Allowance $515,000 Unbacked Noncurrent Loans $833,000 Real Estate Owned $64,000 Profit Margin - Quarterly Net Interest Margin 6.2% Return on Assets -0.53% Return on Equity -5.01% Interest Income $3.88 million Non-Interest Income $1.58 million

Institution Health Overall Score: 4 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 Midstate Credit Union (OH) had $1 million in non-current loans and owned real-estate with $9.51 million in equity and loan loss allowances on hand to cover it. This gives Midstate Credit Union (OH) a Texas Ratio of 10.55% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Midstate Credit Union (OH) held steady from 8.49% as of December 31, 2010 to 10.55% as of December 31, 2011, resulting in a negative change of 24.27%. This indicates that the balance sheet and financial strength for Midstate Credit Union (OH) has held steady in recent periods. Deposit Growth In the past year, Midstate Credit Union (OH) has increased its total deposits by $1.87 million, resulting in 2.52% 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 Midstate Credit Union (OH) 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. Midstate Credit Union (OH) has $86.06 million in assets with $9.51 million in equity, resulting in a capitalization level of 11.05%, which is above average.

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