Oakland County Credit Union

Oakland County Credit Union is headquartered in Waterford and is the 55^th largest credit union in the state of Michigan. It is also the 980^th largest credit union in the nation. It was established in 1953 and as of December of 2011, it had grown to 42 employees and 19,781 members. Oakland County Credit Union has a 5-star health rating.

Oakland County Credit Union Routing Number: 272483808

Oakland County Credit Union Savings Account Rates

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Oakland County Credit Union IRA Rates

Data for Q4 2011

Institution Statistics OAKLAND COUNTY NCUA # 61522 BankRate Report View Year Chartered 1953 Employees 42 Primary Regulator Assets and Liabilities Assets $166.52 million Loans $97.82 million Deposits $153.97 million Equity Capital $10.89 million Loan Loss Allowance $1.97 million Unbacked Noncurrent Loans $317,000 Real Estate Owned $165,000 Historic Data - December 2010 Assets $160.68 million Equity Capital $10.29 million Loan Loss Allowance $2.12 million Unbacked Noncurrent Loans $1.18 million Real Estate Owned $133,000 Profit Margin - Quarterly Net Interest Margin 6.18% Return on Assets 0.69% Return on Equity 10.48% Interest Income $7.12 million Non-Interest Income $2.80 million

Institution Health Overall Score: 5 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 Oakland County Credit Union had $482,000 in non-current loans and owned real-estate with $12.86 million in equity and loan loss allowances on hand to cover it. This gives Oakland County Credit Union a Texas Ratio of 3.75% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Oakland County Credit Union decreased significantly from 10.57% as of December 31, 2010 to 3.75% as of December 31, 2011, resulting in a positive change of 64.54%.This indicates that the balance sheet and financial strength for Oakland County Credit Union has improved significantly in recent periods. Deposit Growth In the past year, Oakland County Credit Union has increased its total deposits by $5.35 million, resulting in 3.6% 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 Oakland County 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. Oakland County Credit Union has $166.52 million in assets with $12.86 million in equity, resulting in a capitalization level of 7.72%, which is below average.

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