Northern Star Credit Union

Northern Star Credit Union is headquartered in Portsmouth and is the 47^th largest credit union in the state of Virginia. It is also the 1,600^th largest credit union in the nation. It was established in 1929 and as of September of 2011, it had grown to 37 employees and 14,637 members. Northern Star Credit Union's savings rates are 3X the national average, and it has a 3-star health rating.

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Data for Q3 2011

Institution Statistics NORTHERN STAR CREDIT UNION, INC. NCUA # 66956 BankRate Report View Year Established 1929 Employees 37 Primary Regulator Assets and Liabilities Assets $83.40 million Loans $44.95 million Deposits $73.32 million Equity Capital $8.88 million Loan Loss Allowance $336,000 Unbacked Noncurrent Loans $812,000 Real Estate Owned $1.63 million Historic Data - September 2010 Assets $92.09 million Equity Capital $9.45 million Loan Loss Allowance $563,000 Unbacked Noncurrent Loans $1.33 million Real Estate Owned $1.05 million Profit Margin - Quarterly Net Interest Margin 5.2% Return on Assets 0.31% Return on Equity 2.9% Interest Income $3.39 million Non-Interest Income $1.14 million

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 September 30, 2011 Northern Star Credit Union had $2.44 million in non-current loans and owned real-estate with $9.21 million in equity and loan loss allowances on hand to cover it. This gives Northern Star Credit Union a Texas Ratio of 26.48% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Northern Star Credit Union held steady from 23.71% as of September 30, 2010 to 26.48% as of September 30, 2011, resulting in a negative change of 11.68%. This indicates that the balance sheet and financial strength for Northern Star Credit Union has held steady in recent periods. Deposit Growth In the past year, Northern Star Credit Union has decreased its total deposits by -$3.21 million, resulting in -4.19% 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 Northern Star Credit Union has shown is below 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. Northern Star Credit Union has $83.4 million in assets with $9.21 million in equity, resulting in a capitalization level of 11.05%, which is above average.

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