Musicians' Interguild Credit Union

Musicians' Interguild Credit Union is headquartered in Los Angeles and is the 172^nd largest credit union in the state of California. It is also the 1,795^th largest credit union in the nation. It was established in 1954 and as of March of 2013, it had grown to 11 employees and 7,056 members. Musicians' Interguild Credit Union has a 3-star health rating.

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Data for Q1 2013

Institution Statistics MUSICIANS' INTERGUILD NCUA # 62092 BankRate Report View Year Chartered 1954 Employees 11 Primary Regulator Assets and Liabilities Assets $76.03 million Loans $40.14 million Deposits $71.30 million Equity Capital $4.42 million Loan Loss Allowance $1.88 million Unbacked Noncurrent Loans $1.54 million Historic Data - March 2012 Assets $80.83 million Equity Capital $5.15 million Loan Loss Allowance $1.67 million Unbacked Noncurrent Loans $4.22 million Real Estate Owned $259,000 Profit Margin - Quarterly Net Interest Margin 1.11% Return on Assets 0.13% Return on Equity 2.17% Interest Income $591,000 Non-Interest Income $73,000

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 March 31, 2013 Musicians' Interguild Credit Union had $1.54 million in non-current loans and owned real-estate with $6.3 million in equity and loan loss allowances on hand to cover it. This gives Musicians' Interguild Credit Union a Texas Ratio of 24.43% 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 Musicians' Interguild Credit Union decreased significantly from 65.58% as of March 31, 2012 to 24.43% as of March 31, 2013, resulting in a positive change of 62.74%.This indicates that the balance sheet and financial strength for Musicians' Interguild Credit Union has improved significantly in recent periods. Deposit Growth In the past year, Musicians' Interguild Credit Union has decreased its total deposits by -$4.05 million, resulting in -5.38% 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 Musicians' Interguild 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. Musicians' Interguild Credit Union has $76.03 million in assets with $6.3 million in equity, resulting in a capitalization level of 8.29%, which is average.