My Community Credit Union

My Community Credit Union is headquartered in MIDLAND and is the 61^st largest credit union in the state of Texas. It is also the 748^th largest credit union in the nation. It was established in 1952 and as of December of 2011, it had grown to 101 employees and 23,950 members. My Community Credit Union's savings rates are 44% higher than the national average, and it boasts a 5-star health rating.

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My Community Credit Union Savings Account Rates

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Data for Q4 2011

Institution Statistics MY COMMUNITY NCUA # 7676 BankRate Report View Year Chartered 1952 Employees 101 Primary Regulator Assets and Liabilities Assets $242.84 million Loans $112.78 million Deposits $215.29 million Equity Capital $24.75 million Loan Loss Allowance $1.82 million Unbacked Noncurrent Loans $902,000 Historic Data - December 2010 Assets $227.81 million Equity Capital $22.12 million Loan Loss Allowance $3.09 million Unbacked Noncurrent Loans $842,000 Profit Margin - Quarterly Net Interest Margin 6.14% Return on Assets 1.1% Return on Equity 10.76% Interest Income $8.71 million Non-Interest Income $4.87 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 My Community Credit Union had $902,000 in non-current loans and owned real-estate with $26.56 million in equity and loan loss allowances on hand to cover it. This gives My Community Credit Union a Texas Ratio of 3.40% 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 My Community Credit Union held steady from 3.34% as of December 31, 2010 to 3.40% as of December 31, 2011, resulting in a negative change of 1.68%. This indicates that the balance sheet and financial strength for My Community Credit Union has held steady in recent periods. Deposit Growth In the past year, My Community Credit Union has increased its total deposits by $12.21 million, resulting in 6.01% 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 My Community 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. My Community Credit Union has $242.84 million in assets with $26.56 million in equity, resulting in a capitalization level of 10.94%, which is above average.

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