Mt Zion Charlottesville Credit Union

Mt Zion Charlottesville Credit Union is headquartered in CHARLOTTESVILLE and is the 186^th largest credit union in the state of Virginia. It is also the 7,177^th largest credit union in the nation. It was established in 1965 and as of December of 2011, it had grown to employees and 150 members. Mt Zion Charlottesville Credit Union has a 3-star health rating.

Data for Q4 2011

Institution Statistics MT ZION CHARLOTTESVILLE NCUA # 17043 BankRate Report View Year Chartered 1965 Employees 0 Primary Regulator Assets and Liabilities Assets $127,000 Loans $21,000 Deposits $110,000 Equity Capital $17,000 Loan Loss Allowance $4,000 Unbacked Noncurrent Loans $10,000 Historic Data - December 2010 Assets $130,000 Equity Capital $13,000 Loan Loss Allowance $3,000 Unbacked Noncurrent Loans $24,000 Profit Margin - Quarterly Net Interest Margin 13.38% Return on Assets 3.15% Return on Equity 23.53% Interest Income $2,000 Non-Interest Income $12,000

Institution Health Overall Score: 3 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 Zion Charlottesville Credit Union had $10,000 in non-current loans and owned real-estate with $21,000 in equity and loan loss allowances on hand to cover it. This gives Mt Zion Charlottesville Credit Union a Texas Ratio of 47.62% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Mt Zion Charlottesville Credit Union decreased significantly from 150.00% as of December 31, 2010 to 47.62% as of December 31, 2011, resulting in a positive change of 68.25%.This indicates that the balance sheet and financial strength for Mt Zion Charlottesville Credit Union has improved significantly in recent periods. Deposit Growth In the past year, Mt Zion Charlottesville Credit Union has decreased its total deposits by $-7,000, resulting in -5.98% 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 Zion Charlottesville 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 Zion Charlottesville Credit Union has $127,000 in assets with $21,000 in equity, resulting in a capitalization level of 16.54%, which is excellent.

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