Mtc Credit Union

Mtc Credit Union is headquartered in Greenville and is the 15^st largest credit union in the state of South Carolina. It is also the 1,233^rd largest credit union in the nation. It was established in 1976 and as of December of 2011, it had grown to 63 employees and 14,971 members. Mtc Credit Union's money market rates are 59% higher than the national average, and it boasts a 5-star health rating.

Mtc Credit Union Checking Account Rates

Mtc Credit Union Savings Account Rates

Mtc Credit Union Money Market Rates

Mtc Credit Union CD Rates

Mtc Credit Union IRA Rates

Data for Q4 2011

Institution Statistics MTC NCUA # 22520 BankRate Report View Year Chartered 1976 Employees 63 Primary Regulator Assets and Liabilities Assets $122.40 million Loans $76.19 million Deposits $104.72 million Equity Capital $16.93 million Loan Loss Allowance $378,000 Unbacked Noncurrent Loans $395,000 Historic Data - December 2010 Assets $114.55 million Equity Capital $15.59 million Loan Loss Allowance $228,000 Unbacked Noncurrent Loans $228,000 Profit Margin - Quarterly Net Interest Margin 6.96% Return on Assets 1.09% Return on Equity 7.91% Interest Income $6.48 million Non-Interest Income $2.64 million

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 Mtc Credit Union had $395,000 in non-current loans and owned real-estate with $17.31 million in equity and loan loss allowances on hand to cover it. This gives Mtc Credit Union a Texas Ratio of 2.28% 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 Mtc Credit Union held steady from 1.44% as of December 31, 2010 to 2.28% as of December 31, 2011, resulting in a negative change of 58.33%. This indicates that the balance sheet and financial strength for Mtc Credit Union has held steady in recent periods. Deposit Growth In the past year, Mtc Credit Union has increased its total deposits by $6.45 million, resulting in 6.56% 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 Mtc 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. Mtc Credit Union has $122.4 million in assets with $17.31 million in equity, resulting in a capitalization level of 14.14%, which is excellent.

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