Mt Carmel Church Credit Union

Mt Carmel Church Credit Union is headquartered in Houston and is the 414^st largest credit union in the state of Texas. It is also the 5,383^rd largest credit union in the nation. It was established in 1954 and as of December of 2011, it had grown to employees and 1,298 members. Mt Carmel Church Credit Union has a 5-star health rating.

Data for Q4 2011

Institution Statistics MT CARMEL CHURCH NCUA # 9807 BankRate Report View Year Chartered 1954 Employees 0 Primary Regulator Assets and Liabilities Assets $5.70 million Loans $2.43 million Deposits $4.82 million Equity Capital $846,000 Loan Loss Allowance $6,000 Unbacked Noncurrent Loans $35,000 Historic Data - December 2010 Assets $6.04 million Equity Capital $857,000 Loan Loss Allowance $20,000 Unbacked Noncurrent Loans $115,000 Profit Margin - Quarterly Net Interest Margin 6.31% Return on Assets -0.18% Return on Equity -1.18% Interest Income $196,000 Non-Interest Income $9,000

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 Mt Carmel Church Credit Union had $35,000 in non-current loans and owned real-estate with $852,000 in equity and loan loss allowances on hand to cover it. This gives Mt Carmel Church Credit Union a Texas Ratio of 4.11% 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 Mt Carmel Church Credit Union decreased significantly from 13.11% as of December 31, 2010 to 4.11% as of December 31, 2011, resulting in a positive change of 68.67%.This indicates that the balance sheet and financial strength for Mt Carmel Church Credit Union has improved significantly in recent periods. Deposit Growth In the past year, Mt Carmel Church Credit Union has decreased its total deposits by $-313,000, resulting in -6.1% 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 Mt Carmel Church 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. Mt Carmel Church Credit Union has $5.7 million in assets with $852,000 in equity, resulting in a capitalization level of 14.95%, which is excellent.

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