N C S E Credit Union Inc.

N C S E Credit Union Inc. is headquartered in Lovingston and is the 170^th largest credit union in the state of Virginia. It is also the 6,653^rd largest credit union in the nation. It was established in 1970 and as of December of 2011, it had grown to employees and 367 members. N C S E Credit Union Inc. has a 4-star health rating.

Data for Q4 2011

Institution Statistics N C S E CREDIT UNION INC. NCUA # 66988 BankRate Report View Year Chartered 1970 Employees 0 Primary Regulator Assets and Liabilities Assets $1.12 million Loans $556,000 Deposits $934,000 Equity Capital $186,000 Loan Loss Allowance $7,000 Unbacked Noncurrent Loans $18,000 Historic Data - December 2010 Assets $1.14 million Equity Capital $178,000 Loan Loss Allowance $7,000 Unbacked Noncurrent Loans $15,000 Profit Margin - Quarterly Net Interest Margin 8.92% Return on Assets 0.63% Return on Equity 3.76% Interest Income $52,000

Institution Health Overall Score: 4 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 C S E Credit Union Inc. had $18,000 in non-current loans and owned real-estate with $193,000 in equity and loan loss allowances on hand to cover it. This gives N C S E Credit Union Inc. a Texas Ratio of 9.33% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for N C S E Credit Union Inc. held steady from 8.11% as of December 31, 2010 to 9.33% as of December 31, 2011, resulting in a negative change of 15.03%. This indicates that the balance sheet and financial strength for N C S E Credit Union Inc. has held steady in recent periods. Deposit Growth In the past year, N C S E Credit Union Inc. has decreased its total deposits by $-32,000, resulting in -3.31% 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 C S E Credit Union Inc. 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 C S E Credit Union Inc. has $1.12 million in assets with $193,000 in equity, resulting in a capitalization level of 17.23%, which is excellent.

No reviews have been left for this bank yet. Be the first to review.