North East Alliance Credit Union

North East Alliance Credit Union is headquartered in BARDONIA and is the 83^rd largest credit union in the state of New York. It is also the 1,814^st largest credit union in the nation. It was established in 1976 and as of December of 2011, it had grown to 22 employees and 12,441 members. North East Alliance Credit Union has a 5-star health rating.

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Data for Q4 2011

Institution Statistics NEA NCUA # 22548 BankRate Report View Year Chartered 1976 Employees 22 Primary Regulator Assets and Liabilities Assets $70.13 million Loans $45.47 million Deposits $61.44 million Equity Capital $8.38 million Loan Loss Allowance $492,000 Unbacked Noncurrent Loans $1.09 million Historic Data - December 2010 Assets $38.38 million Equity Capital $5.25 million Loan Loss Allowance $223,000 Unbacked Noncurrent Loans $873,000 Profit Margin - Quarterly Net Interest Margin 5.7% Return on Assets 0.27% Return on Equity 2.25% Interest Income $3.17 million Non-Interest Income $1.08 million

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 East Alliance Credit Union had $1.09 million in non-current loans and owned real-estate with $8.88 million in equity and loan loss allowances on hand to cover it. This gives North East Alliance Credit Union a Texas Ratio of 12.30% 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 East Alliance Credit Union decreased slightly from 15.94% as of December 31, 2010 to 12.30% as of December 31, 2011, resulting in a positive change of 22.81%.This indicates that the balance sheet and financial strength for North East Alliance Credit Union has improved slightly in recent periods. Deposit Growth In the past year, North East Alliance Credit Union has increased its total deposits by $28.44 million, resulting in 86.17% 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 East Alliance 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 East Alliance Credit Union has $70.13 million in assets with $8.88 million in equity, resulting in a capitalization level of 12.66%, which is excellent.

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