Midwest Federal Employees Credit Union

Midwest Federal Employees Credit Union is headquartered in Waterloo and is the 74^th largest credit union in the state of Iowa. It is also the 4,997^th largest credit union in the nation. It was established in 1930 and as of December of 2011, it had grown to 1 employees and 1,231 members. Midwest Federal Employees Credit Union's savings rates are 15% higher than the national average, and it has a 4-star health rating.

Midwest Federal Employees Credit Union Checking Account Rates

Midwest Federal Employees Credit Union Savings Account Rates

Data for Q4 2011

Institution Statistics MIDWEST FEDERAL EMPLOYEES NCUA # 64727 BankRate Report View Year Chartered 1930 Employees 1 Primary Regulator Assets and Liabilities Assets $7.68 million Loans $2.06 million Deposits $6.66 million Equity Capital $992,000 Loan Loss Allowance $34,000 Unbacked Noncurrent Loans $62,000 Historic Data - December 2010 Assets $8.20 million Equity Capital $984,000 Loan Loss Allowance $32,000 Unbacked Noncurrent Loans $31,000 Profit Margin - Quarterly Net Interest Margin 6.62% Return on Assets 0.08% Return on Equity 0.6% Interest Income $224,000 Non-Interest Income $47,000

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 Midwest Federal Employees Credit Union had $62,000 in non-current loans and owned real-estate with $1.03 million in equity and loan loss allowances on hand to cover it. This gives Midwest Federal Employees Credit Union a Texas Ratio of 6.04% 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 Midwest Federal Employees Credit Union held steady from 3.05% as of December 31, 2010 to 6.04% as of December 31, 2011, resulting in a negative change of 98.05%. This indicates that the balance sheet and financial strength for Midwest Federal Employees Credit Union has held steady in recent periods. Deposit Growth In the past year, Midwest Federal Employees Credit Union has decreased its total deposits by $-539,000, resulting in -7.49% 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 Federal Employees Credit Union has shown is poor. 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 Federal Employees Credit Union has $7.68 million in assets with $1.03 million in equity, resulting in a capitalization level of 13.37%, which is excellent.

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