Montgomery Va Credit Union

Montgomery Va Credit Union is headquartered in MONTGOMERY and is the 90^th largest credit union in the state of Alabama. It is also the 4,979^th largest credit union in the nation. It was established in 1946 and as of December of 2011, it had grown to 4 employees and 1,748 members. Montgomery Va Credit Union's savings rates are 2X the national average, and it has a 4-star health rating.

Montgomery Va Credit Union Checking Account Rates

Montgomery Va Credit Union Savings Account Rates

Montgomery Va Credit Union CD Rates

Data for Q4 2011

Institution Statistics MONTGOMERY VA NCUA # 5345 BankRate Report View Year Chartered 1946 Employees 4 Primary Regulator Assets and Liabilities Assets $7.74 million Loans $4.93 million Deposits $6.63 million Equity Capital $1.03 million Loan Loss Allowance $106,000 Unbacked Noncurrent Loans $253,000 Historic Data - December 2010 Assets $7.19 million Equity Capital $961,000 Loan Loss Allowance $73,000 Unbacked Noncurrent Loans $215,000 Profit Margin - Quarterly Net Interest Margin 8.85% Return on Assets 0.88% Return on Equity 6.61% Interest Income $467,000 Non-Interest Income $132,000

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 Montgomery Va Credit Union had $253,000 in non-current loans and owned real-estate with $1.14 million in equity and loan loss allowances on hand to cover it. This gives Montgomery Va Credit Union a Texas Ratio of 22.29% 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 Montgomery Va Credit Union held steady from 20.79% as of December 31, 2010 to 22.29% as of December 31, 2011, resulting in a negative change of 7.20%. This indicates that the balance sheet and financial strength for Montgomery Va Credit Union has held steady in recent periods. Deposit Growth In the past year, Montgomery Va Credit Union has increased its total deposits by $450,000, resulting in 7.28% 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 Montgomery Va 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. Montgomery Va Credit Union has $7.74 million in assets with $1.14 million in equity, resulting in a capitalization level of 14.67%, which is excellent.

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