Millbury Credit Union

Millbury Credit Union is headquartered in Millbury and is the 32^nd largest credit union in the state of Massachusetts. It is also the 669^th largest credit union in the nation. It was established in 1934 and as of December of 2011, it had grown to 85 employees and 47,869 members. Millbury 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 MILLBURY NCUA # 24543 BankRate Report View Year Chartered 1934 Employees 85 Primary Regulator Assets and Liabilities Assets $282.29 million Loans $204.34 million Deposits $253.61 million Equity Capital $21.76 million Loan Loss Allowance $855,000 Unbacked Noncurrent Loans $4.93 million Real Estate Owned $4.20 million Historic Data - December 2010 Assets $286.59 million Equity Capital $21.35 million Loan Loss Allowance $787,000 Unbacked Noncurrent Loans $5.77 million Real Estate Owned $7.06 million Profit Margin - Quarterly Net Interest Margin 3.81% Return on Assets 0.12% Return on Equity 1.54% Interest Income $10.90 million Non-Interest Income $3.51 million

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 Millbury Credit Union had $9.12 million in non-current loans and owned real-estate with $22.62 million in equity and loan loss allowances on hand to cover it. This gives Millbury Credit Union a Texas Ratio of 40.34% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Millbury Credit Union decreased slightly from 57.94% as of December 31, 2010 to 40.34% as of December 31, 2011, resulting in a positive change of 30.38%.This indicates that the balance sheet and financial strength for Millbury Credit Union has improved slightly in recent periods. Deposit Growth In the past year, Millbury Credit Union has decreased its total deposits by -$3.68 million, resulting in -1.43% 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 Millbury Credit Union has shown is below 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. Millbury Credit Union has $282.29 million in assets with $22.62 million in equity, resulting in a capitalization level of 8.01%, which is average.

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