Northeastern University Credit Union

Northeastern University Credit Union is headquartered in BOSTON and is the 83^rd largest credit union in the state of Massachusetts. It is also the 2,834^th largest credit union in the nation. It was established in 1969 and as of December of 2012, it had grown to 6 employees and 3,829 members. Northeastern University Credit Union has a 3-star health rating.

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Data for Q4 2012

Institution Statistics NORTHEASTERN UNIVERSITY NCUA # 19481 BankRate Report View Year Chartered 1969 Employees 6 Primary Regulator Assets and Liabilities Assets $32.48 million Loans $20.47 million Deposits $30.48 million Equity Capital $1.99 million Loan Loss Allowance $811,000 Unbacked Noncurrent Loans $841,000 Historic Data - December 2011 Assets $33.31 million Equity Capital $2.74 million Loan Loss Allowance $272,000 Unbacked Noncurrent Loans $1.23 million Profit Margin - Quarterly Net Interest Margin 5.64% Return on Assets -2.3% Return on Equity -37.5% Interest Income $1.53 million Non-Interest Income $32,000

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, 2012 Northeastern University Credit Union had $841,000 in non-current loans and owned real-estate with $2.8 million in equity and loan loss allowances on hand to cover it. This gives Northeastern University Credit Union a Texas Ratio of 30.00% 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 Northeastern University Credit Union decreased slightly from 40.95% as of December 31, 2011 to 30.00% as of December 31, 2012, resulting in a positive change of 26.73%.This indicates that the balance sheet and financial strength for Northeastern University Credit Union has improved slightly in recent periods. Deposit Growth In the past year, Northeastern University Credit Union has decreased its total deposits by $-92,000, resulting in -0.3% 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 Northeastern University Credit Union has shown is average. 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. Northeastern University Credit Union has $32.48 million in assets with $2.8 million in equity, resulting in a capitalization level of 8.63%, which is average.

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