Norwalk Hospital Credit Union

Norwalk Hospital Credit Union is headquartered in Norwalk and is the 34^th largest credit union in the state of Connecticut. It is also the 2,828^th largest credit union in the nation. It was established in 1975 and as of December of 2011, it had grown to 5 employees and 2,959 members. Norwalk Hospital Credit Union's savings rates are 5X the national average, and it has a 4-star health rating.

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Data for Q4 2011

Institution Statistics NORWALK HOSPITAL NCUA # 65954 BankRate Report View Year Chartered 1975 Employees 5 Primary Regulator Assets and Liabilities Assets $32.07 million Loans $15.27 million Deposits $28.72 million Equity Capital $3.33 million Loan Loss Allowance $129,000 Unbacked Noncurrent Loans $956,000 Historic Data - December 2010 Assets $28.67 million Equity Capital $3.13 million Loan Loss Allowance $98,000 Unbacked Noncurrent Loans $627,000 Profit Margin - Quarterly Net Interest Margin 4.42% Return on Assets 0.6% Return on Equity 5.83% Interest Income $1.14 million Non-Interest Income $175,000

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 Norwalk Hospital Credit Union had $956,000 in non-current loans and owned real-estate with $3.46 million in equity and loan loss allowances on hand to cover it. This gives Norwalk Hospital Credit Union a Texas Ratio of 27.66% 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 Norwalk Hospital Credit Union increased slightly from 19.41% as of December 31, 2010 to 27.66% as of December 31, 2011, resulting in a negative change of 42.50%. This indicates that the balance sheet and financial strength for Norwalk Hospital Credit Union has declined slightly in recent periods. Deposit Growth In the past year, Norwalk Hospital Credit Union has increased its total deposits by $3.2 million, resulting in 12.55% 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 Norwalk 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. Norwalk Hospital Credit Union has $32.07 million in assets with $3.46 million in equity, resulting in a capitalization level of 10.78%, which is above average.

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