North Country Credit Union

69 Swift St
S Burlington, VT 05403
(800) 660-3258
www.northcountry.org

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North Country Credit Union is headquartered in Burlington and is the 3^rd largest credit union in the state of Vermont. It is also the 501^st largest credit union in the nation. It was established in 1950 and as of December of 2012, it had grown to 103 employees and 28,930 members. North Country Credit Union's savings rates are 3X the national average, and it has a 4-star health rating.

Top CD & IRA CD Rates in Vermont at North Country Credit Union - Local Only - 11/7/2011

North Country Credit Union is currently offering the best long-term CD rates in Vermont. The three best are the 2.80% APY 5-year CD, 2.50% APY 4-year CD and the 1.80% APY 3-year CD. The 5-year and 3-y ...

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See Rates for: Checking | Savings | Money Market | CD | IRA

North Country Credit Union Checking Account Rates

	Apy	Min	Max	Product
	0.00%	-	-	Checking Account

North Country Credit Union Savings Account Rates

Apy	Min	Max	Product
1.50%	-	-	Health Savings Account
0.20%	$50	-	Savings Account
0.20%	-	-	Club Account
0.20%	-	-	Youth Account

North Country Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.45%	$50k	-	Money Market Account

North Country Credit Union CD Rates

Apy	Min	Max	Product
1.50%	$500	-	60 Month Share CD
1.05%	$500	-	48 Month Share CD
0.90%	$500	-	36 Month Share CD
0.70%	$500	-	24 Month Share CD
0.55%	$500	-	18 Month Share CD
0.45%	$500	-	12 Month Share CD
0.25%	$500	-	6 Month Share CD
0.25%	$500	-	24 Month Variable Share CD
0.15%	$500	-	3 Month Share CD

North Country Credit Union IRA Rates

Apy	Min	Max	Product
1.50%	$500	-	60 Month Traditional IRA
1.50%	$500	-	60 Month Roth IRA
1.05%	$500	-	48 Month Traditional IRA
1.05%	$500	-	48 Month Roth IRA
0.90%	$500	-	36 Month Traditional IRA
0.90%	$500	-	36 Month Roth IRA
0.70%	$500	-	24 Month Traditional IRA
0.70%	$500	-	24 Month Roth IRA
0.55%	$500	-	18 Month Traditional IRA
0.55%	$500	-	18 Month Roth IRA
0.45%	$500	-	12 Month Traditional IRA
0.45%	$500	-	12 Month Roth IRA
0.25%	$500	-	24 Month Variable Traditional IRA
0.25%	$500	-	24 Month Variable Roth IRA

Rates updated: 5/18/2013

Data for Q4 2012

Institution Statistics

NORTH COUNTRY
NCUA #	24312
BankRate Report	View
Year Chartered	1950
Employees	103
Primary Regulator
Assets and Liabilities
Assets	$413.48 million
Loans	$318.29 million
Deposits	$368.74 million
Equity Capital	$33.32 million
Loan Loss Allowance	$3.10 million
Unbacked Noncurrent Loans	$3.59 million
Real Estate Owned	$301,000
Historic Data - December 2011
Assets	$350.25 million
Equity Capital	$31.76 million
Loan Loss Allowance	$1.97 million
Unbacked Noncurrent Loans	$3.69 million
Real Estate Owned	$753,000
Profit Margin - Quarterly
Net Interest Margin	4.06%
Return on Assets	0.44%
Return on Equity	5.48%
Interest Income	$17.83 million
Non-Interest Income	$4.99 million

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, 2012 North Country Credit Union had $3.89 million in non-current loans and owned real-estate with $36.42 million in equity and loan loss allowances on hand to cover it. This gives North Country Credit Union a Texas Ratio of 10.69% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for North Country Credit Union decreased slightly from 13.16% as of December 31, 2011 to 10.69% as of December 31, 2012, resulting in a positive change of 18.76%.This indicates that the balance sheet and financial strength for North Country Credit Union has improved slightly in recent periods.
Deposit Growth
In the past year, North Country Credit Union has increased its total deposits by $59.5 million, resulting in 19.24% 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 Country 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 Country Credit Union has $413.48 million in assets with $36.42 million in equity, resulting in a capitalization level of 8.81%, which is average.