Morgantown A E S Credit Union

Morgantown A E S Credit Union is headquartered in Morgantown and is the 19^st largest credit union in the state of West Virginia. It is also the 2,693^rd largest credit union in the nation. It was established in 1955 and as of December of 2011, it had grown to 12 employees and 4,976 members. Morgantown A E S Credit Union has a 5-star health rating.

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Data for Q4 2011

Institution Statistics MORGANTOWN A E S NCUA # 10695 BankRate Report View Year Chartered 1955 Employees 12 Primary Regulator Assets and Liabilities Assets $35.54 million Loans $20.66 million Deposits $31.75 million Equity Capital $3.59 million Loan Loss Allowance $118,000 Unbacked Noncurrent Loans $85,000 Historic Data - December 2010 Assets $33.02 million Equity Capital $3.43 million Loan Loss Allowance $155,000 Unbacked Noncurrent Loans $132,000 Profit Margin - Quarterly Net Interest Margin 5.25% Return on Assets 0.45% Return on Equity 4.49% Interest Income $1.32 million Non-Interest Income $364,000

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 Morgantown A E S Credit Union had $85,000 in non-current loans and owned real-estate with $3.71 million in equity and loan loss allowances on hand to cover it. This gives Morgantown A E S Credit Union a Texas Ratio of 2.29% 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 Morgantown A E S Credit Union decreased slightly from 3.69% as of December 31, 2010 to 2.29% as of December 31, 2011, resulting in a positive change of 37.78%.This indicates that the balance sheet and financial strength for Morgantown A E S Credit Union has improved slightly in recent periods. Deposit Growth In the past year, Morgantown A E S Credit Union has increased its total deposits by $2.34 million, resulting in 7.97% 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 Morgantown A E S 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. Morgantown A E S Credit Union has $35.54 million in assets with $3.71 million in equity, resulting in a capitalization level of 10.43%, which is above average.

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