Monsanto Nitro Credit Union

Monsanto Nitro Credit Union is headquartered in NITRO and is the 63^rd largest credit union in the state of West Virginia. It is also the 5,131^st largest credit union in the nation. It was established in 1935 and as of December of 2011, it had grown to 4 employees and 584 members. Monsanto Nitro Credit Union has a 4-star health rating.

Data for Q4 2011

Institution Statistics MOUNTAIN VALLEY NCUA # 247 BankRate Report View Year Chartered 1935 Employees 4 Primary Regulator Assets and Liabilities Assets $6.98 million Loans $2.66 million Deposits $6.05 million Equity Capital $915,000 Loan Loss Allowance $28,000 Unbacked Noncurrent Loans $90,000 Historic Data - December 2010 Assets $7.41 million Equity Capital $1.03 million Loan Loss Allowance $46,000 Unbacked Noncurrent Loans $129,000 Profit Margin - Quarterly Net Interest Margin 6.04% Return on Assets -1.6% Return on Equity -12.24% Interest Income $228,000 Non-Interest Income $8,000

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 Monsanto Nitro Credit Union had $90,000 in non-current loans and owned real-estate with $943,000 in equity and loan loss allowances on hand to cover it. This gives Monsanto Nitro Credit Union a Texas Ratio of 9.54% 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 Monsanto Nitro Credit Union decreased slightly from 12.01% as of December 31, 2010 to 9.54% as of December 31, 2011, resulting in a positive change of 20.54%.This indicates that the balance sheet and financial strength for Monsanto Nitro Credit Union has improved slightly in recent periods. Deposit Growth In the past year, Monsanto Nitro Credit Union has decreased its total deposits by $-326,000, resulting in -5.12% 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 Monsanto Nitro 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. Monsanto Nitro Credit Union has $6.98 million in assets with $943,000 in equity, resulting in a capitalization level of 13.51%, which is excellent.

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