Northeast Schools And Hospital Credit Union

Northeast Schools And Hospital Credit Union is headquartered in Newport and is the 24^th largest credit union in the state of Vermont. It is also the 5,923^rd largest credit union in the nation. It was established in 1969 and as of December of 2011, it had grown to 2 employees and 1,155 members. Northeast Schools And Hospital Credit Union has a 3-star health rating.

Northeast Schools And Hospital Credit Union Savings Account Rates

Northeast Schools And Hospital Credit Union CD Rates

Data for Q4 2011

Institution Statistics NORTHEAST SCHOOLS AND HOSPITAL NCUA # 64462 BankRate Report View Year Chartered 1969 Employees 2 Primary Regulator Assets and Liabilities Assets $3.38 million Loans $2.89 million Deposits $3.10 million Equity Capital $268,000 Loan Loss Allowance $104,000 Unbacked Noncurrent Loans $122,000 Historic Data - December 2010 Assets $2.88 million Equity Capital $221,000 Loan Loss Allowance $83,000 Unbacked Noncurrent Loans $70,000 Profit Margin - Quarterly Net Interest Margin 8.28% Return on Assets 1.42% Return on Equity 17.91% Interest Income $255,000 Non-Interest Income $48,000

Institution Health Overall Score: 3 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 Schools And Hospital Credit Union had $122,000 in non-current loans and owned real-estate with $372,000 in equity and loan loss allowances on hand to cover it. This gives Northeast Schools And Hospital Credit Union a Texas Ratio of 32.80% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Northeast Schools And Hospital Credit Union increased slightly from 23.03% as of December 31, 2010 to 32.80% as of December 31, 2011, resulting in a negative change of 42.43%. This indicates that the balance sheet and financial strength for Northeast Schools And Hospital Credit Union has declined slightly in recent periods. Deposit Growth In the past year, Northeast Schools And Hospital Credit Union has increased its total deposits by $457,000, resulting in 17.27% 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 Schools And Hospital 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. Northeast Schools And Hospital Credit Union has $3.38 million in assets with $372,000 in equity, resulting in a capitalization level of 11.01%, which is above average.

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