Institution Statistics
| NEWVISION | | NCUA # | 66450 | | BankRate Report | View | | Year Chartered | 1942 | | Employees | 6 | | Primary Regulator | |
Assets and Liabilities | | Assets | $12.39 million | | Loans | $5.97 million | | Deposits | $11.10 million | | Equity Capital | $1.25 million | | Loan Loss Allowance | $219,000 | | Unbacked Noncurrent Loans | $69,000 |
Historic Data - December 2010 | | Assets | $14.02 million | | Equity Capital | $1.52 million | | Loan Loss Allowance | $215,000 | | Unbacked Noncurrent Loans | $30,000 |
Profit Margin - Quarterly | | Net Interest Margin | 7.44% | | Return on Assets | -2.21% | | Return on Equity | -21.94% | | Interest Income | $567,000 | | Non-Interest Income | $100,000 |
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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 Newvision Credit Union had $69,000 in non-current loans and owned real-estate with $1.47 million in equity and loan loss allowances on hand to cover it. This gives Newvision Credit Union a Texas Ratio of 4.70% 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 Newvision Credit Union held steady from 1.73% as of December 31, 2010 to 4.70% as of December 31, 2011, resulting in a negative change of 172.30%. This indicates that the balance sheet and financial strength for Newvision Credit Union has held steady in recent periods. | | Deposit Growth |  | | In the past year, Newvision Credit Union has decreased its total deposits by -$1.33 million, resulting in -10.71% 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 Newvision Credit Union has shown is poor. | | 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. Newvision Credit Union has $12.39 million in assets with $1.47 million in equity, resulting in a capitalization level of 11.85%, which is above average. |
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