Northeast Community CU (TN)

Northeast Community CU (TN) is headquartered in ELIZABETHTON and is the 37^th largest credit union in the state of Tennessee. It is also the 1,767^th largest credit union in the nation. It was established in 1952 and as of December of 2011, it had grown to 31 employees and 8,660 members. Northeast Community CU (TN)'s savings rates are 35% higher than the national average, and it boasts a 5-star health rating.

Northeast Community CU (TN) Savings Account Rates

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Northeast Community CU (TN) IRA Rates

Data for Q4 2011

Institution Statistics NORTHEAST COMMUNITY NCUA # 67021 BankRate Report View Year Chartered 1952 Employees 31 Primary Regulator Assets and Liabilities Assets $73.39 million Loans $58.00 million Deposits $63.13 million Equity Capital $9.55 million Loan Loss Allowance $228,000 Unbacked Noncurrent Loans $247,000 Historic Data - December 2010 Assets $68.18 million Equity Capital $8.48 million Loan Loss Allowance $216,000 Unbacked Noncurrent Loans $192,000 Real Estate Owned $155,000 Profit Margin - Quarterly Net Interest Margin 5.04% Return on Assets 1.45% Return on Equity 11.13% Interest Income $3.48 million Non-Interest Income $869,000

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 Northeast Community CU (TN) had $247,000 in non-current loans and owned real-estate with $9.78 million in equity and loan loss allowances on hand to cover it. This gives Northeast Community CU (TN) a Texas Ratio of 2.53% 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 Northeast Community CU (TN) decreased slightly from 3.99% as of December 31, 2010 to 2.53% as of December 31, 2011, resulting in a positive change of 36.66%.This indicates that the balance sheet and financial strength for Northeast Community CU (TN) has improved slightly in recent periods. Deposit Growth In the past year, Northeast Community CU (TN) has increased its total deposits by $4.06 million, resulting in 6.87% 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 Northeast Community CU (TN) 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. Northeast Community CU (TN) has $73.39 million in assets with $9.78 million in equity, resulting in a capitalization level of 13.32%, which is excellent.

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