Niles Township Schools Credit Union

Niles Township Schools Credit Union is headquartered in MORTON GROVE and is the 49^th largest credit union in the state of Illinois. It is also the 1,599^th largest credit union in the nation. It was established in 1958 and as of December of 2011, it had grown to 12 employees and 4,235 members. Niles Township Schools Credit Union has a 3-star health rating.

Niles Township Schools Credit Union Checking Account Rates

Niles Township Schools Credit Union Savings Account Rates

Niles Township Schools Credit Union CD Rates

Data for Q4 2011

Institution Statistics NILES TOWNSHIP SCHOOLS NCUA # 62854 BankRate Report View Year Chartered 1958 Employees 12 Primary Regulator Assets and Liabilities Assets $83.60 million Loans $36.70 million Deposits $75.84 million Equity Capital $7.55 million Loan Loss Allowance $801,000 Unbacked Noncurrent Loans $1.33 million Real Estate Owned $160,000 Historic Data - December 2010 Assets $83.60 million Equity Capital $7.46 million Loan Loss Allowance $600,000 Unbacked Noncurrent Loans $1.28 million Real Estate Owned $160,000 Profit Margin - Quarterly Net Interest Margin 4.84% Return on Assets 0% Return on Equity 0% Interest Income $2.64 million Non-Interest Income $221,000

Institution Health Overall Score: 3 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 Niles Township Schools Credit Union had $1.49 million in non-current loans and owned real-estate with $8.35 million in equity and loan loss allowances on hand to cover it. This gives Niles Township Schools Credit Union a Texas Ratio of 17.80% 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 Niles Township Schools Credit Union held steady from 17.90% as of December 31, 2010 to 17.80% as of December 31, 2011, resulting in a positive change of 0.55%.This indicates that the balance sheet and financial strength for Niles Township Schools Credit Union has held steady in recent periods. Deposit Growth In the past year, Niles Township Schools Credit Union has decreased its total deposits by $-58,000, resulting in -0.08% 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 Niles Township Schools Credit Union has shown is 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. Niles Township Schools Credit Union has $83.6 million in assets with $8.35 million in equity, resulting in a capitalization level of 9.99%, which is average.

No reviews have been left for this bank yet. Be the first to review.