N A E Credit Union

N A E Credit Union is headquartered in Chesapeake and is the 45^th largest credit union in the state of Virginia. It is also the 1,586^th largest credit union in the nation. It was established in 1965 and as of December of 2011, it had grown to 37 employees and 14,571 members. N A E Credit Union has a 5-star health rating.

Data for Q4 2011

Institution Statistics N A E NCUA # 16706 BankRate Report View Year Chartered 1965 Employees 37 Primary Regulator Assets and Liabilities Assets $84.24 million Loans $61.26 million Deposits $73.41 million Equity Capital $9.45 million Loan Loss Allowance $3.85 million Unbacked Noncurrent Loans $84,000 Historic Data - December 2010 Assets $87.76 million Equity Capital $10.13 million Loan Loss Allowance $3.40 million Unbacked Noncurrent Loans $213,000 Real Estate Owned $273,000 Profit Margin - Quarterly Net Interest Margin 8.24% Return on Assets 1.07% Return on Equity 9.58% Interest Income $6.06 million Non-Interest Income $1.78 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 N A E Credit Union had $84,000 in non-current loans and owned real-estate with $13.3 million in equity and loan loss allowances on hand to cover it. This gives N A E Credit Union a Texas Ratio of 0.63% 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 N A E Credit Union decreased significantly from 3.59% as of December 31, 2010 to 0.63% as of December 31, 2011, resulting in a positive change of 82.42%.This indicates that the balance sheet and financial strength for N A E Credit Union has improved significantly in recent periods. Deposit Growth In the past year, N A E Credit Union has decreased its total deposits by -$2.93 million, resulting in -3.84% 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 N A E Credit Union has shown is below average. 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. N A E Credit Union has $84.24 million in assets with $13.3 million in equity, resulting in a capitalization level of 15.79%, which is excellent.

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