NARFE Premier Federal Credit Union

NARFE Premier Federal Credit Union is headquartered in Alexandria and is the 33^rd largest credit union in the state of Virginia. It is also the 1,089^th largest credit union in the nation. It was established in 1935 and as of December of 2012, it had grown to 34 employees and 10,518 members. NARFE Premier Federal Credit Union's savings rates are 44% higher than the national average, and it boasts a 5-star health rating.

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Data for Q4 2012

Institution Statistics NARFE PREMIER NCUA # 233 BankRate Report View Year Chartered 1935 Employees 34 Primary Regulator Assets and Liabilities Assets $152.16 million Loans $85.94 million Deposits $137.84 million Equity Capital $13.84 million Loan Loss Allowance $997,000 Unbacked Noncurrent Loans $749,000 Real Estate Owned $413,000 Historic Data - December 2011 Assets $147.62 million Equity Capital $12.44 million Loan Loss Allowance $1.19 million Unbacked Noncurrent Loans $1.65 million Real Estate Owned $334,000 Profit Margin - Quarterly Net Interest Margin 5% Return on Assets 0.66% Return on Equity 7.24% Interest Income $5.99 million Non-Interest Income $1.42 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, 2012 NARFE Premier Federal Credit Union had $1.16 million in non-current loans and owned real-estate with $14.83 million in equity and loan loss allowances on hand to cover it. This gives NARFE Premier Federal Credit Union a Texas Ratio of 7.83% 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 NARFE Premier Federal Credit Union decreased significantly from 14.53% as of December 31, 2011 to 7.83% as of December 31, 2012, resulting in a positive change of 46.08%.This indicates that the balance sheet and financial strength for NARFE Premier Federal Credit Union has improved significantly in recent periods. Deposit Growth In the past year, NARFE Premier Federal Credit Union has increased its total deposits by $3.24 million, resulting in 2.41% 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 NARFE Premier Federal Credit Union has shown is above 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. NARFE Premier Federal Credit Union has $152.16 million in assets with $14.83 million in equity, resulting in a capitalization level of 9.75%, which is average.

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