New Orleans Clerk & Checkers Credit Union

New Orleans Clerk & Checkers Credit Union is headquartered in METAIRIE and is the 112^st largest credit union in the state of Louisiana. It is also the 4,621^st largest credit union in the nation. It was established in 1955 and as of December of 2011, it had grown to 3 employees and 1,163 members. New Orleans Clerk & Checkers Credit Union has a 5-star health rating.

Data for Q4 2011

Institution Statistics NEW ORLEANS CLERK & CHECKERS NCUA # 10515 BankRate Report View Year Chartered 1955 Employees 3 Primary Regulator Assets and Liabilities Assets $9.98 million Loans $5.53 million Deposits $8.37 million Equity Capital $1.49 million Loan Loss Allowance $22,000 Unbacked Noncurrent Loans $91,000 Historic Data - December 2010 Assets $9.81 million Equity Capital $1.49 million Loan Loss Allowance $18,000 Unbacked Noncurrent Loans $75,000 Profit Margin - Quarterly Net Interest Margin 6.34% Return on Assets -0.03% Return on Equity -0.2% Interest Income $409,000 Non-Interest Income $4,000

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 New Orleans Clerk & Checkers Credit Union had $91,000 in non-current loans and owned real-estate with $1.51 million in equity and loan loss allowances on hand to cover it. This gives New Orleans Clerk & Checkers Credit Union a Texas Ratio of 6.03% 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 New Orleans Clerk & Checkers Credit Union held steady from 4.98% as of December 31, 2010 to 6.03% as of December 31, 2011, resulting in a negative change of 21.25%. This indicates that the balance sheet and financial strength for New Orleans Clerk & Checkers Credit Union has held steady in recent periods. Deposit Growth In the past year, New Orleans Clerk & Checkers Credit Union has increased its total deposits by $162,000, resulting in 1.97% 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 New Orleans Clerk & Checkers 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. New Orleans Clerk & Checkers Credit Union has $9.98 million in assets with $1.51 million in equity, resulting in a capitalization level of 15.11%, which is excellent.

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