Mon/Marine Credit Union

Mon/Marine Credit Union is headquartered in BROWNSVILLE and is the 380^th largest credit union in the state of Pennsylvania. It is also the 5,914^st largest credit union in the nation. It was established in 1941 and as of December of 2011, it had grown to 2 employees and 801 members. Mon/Marine Credit Union has a 5-star health rating.

Data for Q4 2011

Institution Statistics MON/MARINE NCUA # 4354 BankRate Report View Year Chartered 1941 Employees 2 Primary Regulator Assets and Liabilities Assets $3.42 million Loans $1.26 million Deposits $3.01 million Equity Capital $410,000 Loan Loss Allowance $5,000 Unbacked Noncurrent Loans $9,000 Historic Data - December 2010 Assets $3.32 million Equity Capital $416,000 Loan Loss Allowance $20,000 Unbacked Noncurrent Loans $4,000 Profit Margin - Quarterly Net Interest Margin 7.66% Return on Assets -0.85% Return on Equity -7.07% Interest Income $118,000

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 Mon/Marine Credit Union had $9,000 in non-current loans and owned real-estate with $415,000 in equity and loan loss allowances on hand to cover it. This gives Mon/Marine Credit Union a Texas Ratio of 2.17% 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 Mon/Marine Credit Union held steady from 0.92% as of December 31, 2010 to 2.17% as of December 31, 2011, resulting in a negative change of 136.39%. This indicates that the balance sheet and financial strength for Mon/Marine Credit Union has held steady in recent periods. Deposit Growth In the past year, Mon/Marine Credit Union has increased its total deposits by $113,000, resulting in 3.9% 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 Mon/Marine Credit Union 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. Mon/Marine Credit Union has $3.42 million in assets with $415,000 in equity, resulting in a capitalization level of 12.13%, which is excellent.

No reviews have been left for this bank yet. Be the first to review.