North Adams M E Credit Union

North Adams M E Credit Union is headquartered in North Adams and is the 191^st largest credit union in the state of Massachusetts. It is also the 6,372^nd largest credit union in the nation. It was established in 1959 and as of December of 2011, it had grown to 1 employees and 650 members. North Adams M E Credit Union has a 5-star health rating.

Data for Q4 2011

Institution Statistics NORTH ADAMS M E NCUA # 13274 BankRate Report View Year Chartered 1959 Employees 1 Primary Regulator Assets and Liabilities Assets $1.90 million Loans $765,000 Deposits $1.40 million Equity Capital $500,000 Loan Loss Allowance $5,000 Unbacked Noncurrent Loans $1,000 Historic Data - December 2010 Assets $1.81 million Equity Capital $520,000 Loan Loss Allowance $8,000 Unbacked Noncurrent Loans $8,000 Profit Margin - Quarterly Net Interest Margin 7.28% Return on Assets -1.05% Return on Equity -4% Interest Income $63,000 Non-Interest Income $1,000

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 North Adams M E Credit Union had $1,000 in non-current loans and owned real-estate with $505,000 in equity and loan loss allowances on hand to cover it. This gives North Adams M E Credit Union a Texas Ratio of 0.20% 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 North Adams M E Credit Union decreased significantly from 1.52% as of December 31, 2010 to 0.20% as of December 31, 2011, resulting in a positive change of 86.93%.This indicates that the balance sheet and financial strength for North Adams M E Credit Union has improved significantly in recent periods. Deposit Growth In the past year, North Adams M E Credit Union has increased its total deposits by $108,000, resulting in 8.39% 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 North Adams M E Credit Union has shown is excellent. 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. North Adams M E Credit Union has $1.9 million in assets with $505,000 in equity, resulting in a capitalization level of 26.62%, which is excellent.

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