Nebo Credit Union

Nebo Credit Union is headquartered in SPRINGVILLE and is the 24^th largest credit union in the state of Utah. It is also the 1,964^th largest credit union in the nation. It was established in 1956 and as of December of 2011, it had grown to 23 employees and 10,330 members. Nebo Credit Union has a 4-star health rating.

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Data for Q4 2011

Institution Statistics NEBO NCUA # 67146 BankRate Report View Year Chartered 1956 Employees 23 Primary Regulator Assets and Liabilities Assets $61.90 million Loans $48.24 million Deposits $53.74 million Equity Capital $7.92 million Loan Loss Allowance $874,000 Unbacked Noncurrent Loans $976,000 Real Estate Owned $397,000 Historic Data - December 2010 Assets $59.93 million Equity Capital $7.35 million Loan Loss Allowance $1.27 million Unbacked Noncurrent Loans $1.40 million Real Estate Owned $100,000 Profit Margin - Quarterly Net Interest Margin 5.98% Return on Assets 0.96% Return on Equity 7.51% Interest Income $3.43 million Non-Interest Income $925,000

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 Nebo Credit Union had $1.37 million in non-current loans and owned real-estate with $8.79 million in equity and loan loss allowances on hand to cover it. This gives Nebo Credit Union a Texas Ratio of 15.61% 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 Nebo Credit Union held steady from 17.40% as of December 31, 2010 to 15.61% as of December 31, 2011, resulting in a positive change of 10.29%.This indicates that the balance sheet and financial strength for Nebo Credit Union has held steady in recent periods. Deposit Growth In the past year, Nebo Credit Union has increased its total deposits by $1.41 million, resulting in 2.69% 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 Nebo 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. Nebo Credit Union has $61.9 million in assets with $8.79 million in equity, resulting in a capitalization level of 14.21%, which is excellent.

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