N.F.G. #2 Credit Union

N.F.G. #2 Credit Union is headquartered in Warren and is the 179^th largest credit union in the state of Pennsylvania. It is also the 3,389^th largest credit union in the nation. It was established in 1954 and as of December of 2011, it had grown to 6 employees and 3,847 members. N.F.G. #2 Credit Union has a 5-star health rating.

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Data for Q4 2011

Institution Statistics N.F.G. #2 NCUA # 9776 BankRate Report View Year Chartered 1954 Employees 6 Primary Regulator Assets and Liabilities Assets $22.31 million Loans $7.26 million Deposits $19.42 million Equity Capital $2.86 million Loan Loss Allowance $25,000 Unbacked Noncurrent Loans $150,000 Historic Data - December 2010 Assets $21.75 million Equity Capital $2.72 million Loan Loss Allowance $36,000 Unbacked Noncurrent Loans $146,000 Real Estate Owned $36,000 Profit Margin - Quarterly Net Interest Margin 5.69% Return on Assets 0.31% Return on Equity 2.41% Interest Income $875,000 Non-Interest Income $110,000

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 N.F.G. #2 Credit Union had $150,000 in non-current loans and owned real-estate with $2.89 million in equity and loan loss allowances on hand to cover it. This gives N.F.G. #2 Credit Union a Texas Ratio of 5.19% 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 N.F.G. #2 Credit Union decreased slightly from 6.61% as of December 31, 2010 to 5.19% as of December 31, 2011, resulting in a positive change of 21.38%.This indicates that the balance sheet and financial strength for N.F.G. #2 Credit Union has improved slightly in recent periods. Deposit Growth In the past year, N.F.G. #2 Credit Union has increased its total deposits by $420,000, resulting in 2.21% 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.F.G. #2 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. N.F.G. #2 Credit Union has $22.3 million in assets with $2.89 million in equity, resulting in a capitalization level of 12.95%, which is excellent.

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