North Jersey Credit Union

North Jersey Credit Union is headquartered in Totowa and is the 13^st largest credit union in the state of New Jersey. It is also the 857^th largest credit union in the nation. It was established in 1936 and as of December of 2011, it had grown to 68 employees and 29,995 members. North Jersey Credit Union has a 4-star health rating.

Data for Q4 2011

Institution Statistics NORTH JERSEY NCUA # 1015 BankRate Report View Year Chartered 1936 Employees 68 Primary Regulator Assets and Liabilities Assets $200.27 million Loans $97.22 million Deposits $177.47 million Equity Capital $21.17 million Loan Loss Allowance $1.13 million Unbacked Noncurrent Loans $2.12 million Historic Data - December 2010 Assets $189.23 million Equity Capital $21.06 million Loan Loss Allowance $800,000 Unbacked Noncurrent Loans $2.02 million Profit Margin - Quarterly Net Interest Margin 6.35% Return on Assets 0.05% Return on Equity 0.47% Interest Income $7.93 million Non-Interest Income $2.23 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, 2011 North Jersey Credit Union had $2.12 million in non-current loans and owned real-estate with $22.3 million in equity and loan loss allowances on hand to cover it. This gives North Jersey Credit Union a Texas Ratio of 9.52% 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 Jersey Credit Union held steady from 9.22% as of December 31, 2010 to 9.52% as of December 31, 2011, resulting in a negative change of 3.25%. This indicates that the balance sheet and financial strength for North Jersey Credit Union has held steady in recent periods. Deposit Growth In the past year, North Jersey Credit Union has increased its total deposits by $10.46 million, resulting in 6.26% 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 Jersey 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 Jersey Credit Union has $200.27 million in assets with $22.3 million in equity, resulting in a capitalization level of 11.14%, which is above average.

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