Midwest Carpenters & Millwrights Credit Union

Midwest Carpenters & Millwrights Credit Union is headquartered in Hobart and is the 38^th largest credit union in the state of Indiana. It is also the 1,596^th largest credit union in the nation. It was established in 1960 and as of December of 2011, it had grown to 11 employees and 15,194 members. Midwest Carpenters & Millwrights Credit Union's savings rates are 4X the national average, and it has a 3-star health rating.

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Data for Q4 2011

Institution Statistics MIDWEST CARPENTERS & MILLWRIGHTS NCUA # 13959 BankRate Report View Year Chartered 1960 Employees 11 Primary Regulator Assets and Liabilities Assets $83.79 million Loans $55.51 million Deposits $76.38 million Equity Capital $6.72 million Loan Loss Allowance $482,000 Unbacked Noncurrent Loans $1.27 million Real Estate Owned $39,000 Historic Data - December 2010 Assets $79.47 million Equity Capital $6.46 million Loan Loss Allowance $343,000 Unbacked Noncurrent Loans $407,000 Profit Margin - Quarterly Net Interest Margin 4.23% Return on Assets 0.31% Return on Equity 3.81% Interest Income $3.48 million Non-Interest Income $564,000

Institution Health Overall Score: 3 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 Midwest Carpenters & Millwrights Credit Union had $1.3 million in non-current loans and owned real-estate with $7.2 million in equity and loan loss allowances on hand to cover it. This gives Midwest Carpenters & Millwrights Credit Union a Texas Ratio of 18.13% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Midwest Carpenters & Millwrights Credit Union increased slightly from 5.98% as of December 31, 2010 to 18.13% as of December 31, 2011, resulting in a negative change of 203.05%. This indicates that the balance sheet and financial strength for Midwest Carpenters & Millwrights Credit Union has declined slightly in recent periods. Deposit Growth In the past year, Midwest Carpenters & Millwrights Credit Union has increased its total deposits by $3.76 million, resulting in 5.18% 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 Midwest Carpenters & Millwrights 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. Midwest Carpenters & Millwrights Credit Union has $83.79 million in assets with $7.2 million in equity, resulting in a capitalization level of 8.59%, which is average.

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