Northland Area Credit Union

Northland Area Credit Union is headquartered in OSCODA and is the 40^th largest credit union in the state of Michigan. It is also the 727^th largest credit union in the nation. It was established in 1957 and as of December of 2011, it had grown to 122 employees and 35,985 members. Northland Area Credit Union's savings rates are 2X the national average, and it has a 4-star health rating.

Northland Area Credit Union Checking Account Rates

Northland Area Credit Union Savings Account Rates

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Northland Area Credit Union CD Rates

Data for Q4 2011

Institution Statistics NORTHLAND AREA NCUA # 11979 BankRate Report View Year Chartered 1957 Employees 122 Primary Regulator Assets and Liabilities Assets $249.92 million Loans $170.09 million Deposits $220.32 million Equity Capital $24.25 million Loan Loss Allowance $3.87 million Unbacked Noncurrent Loans $4.74 million Real Estate Owned $2.09 million Historic Data - December 2010 Assets $247.78 million Equity Capital $21.87 million Loan Loss Allowance $4.20 million Unbacked Noncurrent Loans $8.93 million Real Estate Owned $1.69 million Profit Margin - Quarterly Net Interest Margin 5.32% Return on Assets 0.66% Return on Equity 6.81% Interest Income $11.59 million Non-Interest Income $2.07 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 Northland Area Credit Union had $6.83 million in non-current loans and owned real-estate with $28.12 million in equity and loan loss allowances on hand to cover it. This gives Northland Area Credit Union a Texas Ratio of 24.30% 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 Northland Area Credit Union decreased significantly from 40.71% as of December 31, 2010 to 24.30% as of December 31, 2011, resulting in a positive change of 40.30%.This indicates that the balance sheet and financial strength for Northland Area Credit Union has improved significantly in recent periods. Deposit Growth In the past year, Northland Area Credit Union has increased its total deposits by $7.03 million, resulting in 3.3% 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 Northland Area Credit Union has shown is above 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. Northland Area Credit Union has $249.92 million in assets with $28.12 million in equity, resulting in a capitalization level of 11.25%, which is above average.

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