Onaway Community Credit Union

Onaway Community Credit Union is headquartered in ONAWAY and is the 120^th largest credit union in the state of Michigan. It is also the 1,778^th largest credit union in the nation. It was established in 1951 and as of December of 2011, it had grown to 28 employees and 9,697 members. Onaway Community Credit Union's savings rates are 4X the national average, and it has a 3-star health rating.

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Data for Q4 2011

Institution Statistics ONAWAY COMMUNITY NCUA # 7465 BankRate Report View Year Chartered 1951 Employees 28 Primary Regulator Assets and Liabilities Assets $72.72 million Loans $35.29 million Deposits $64.13 million Equity Capital $8.12 million Loan Loss Allowance $296,000 Unbacked Noncurrent Loans $842,000 Real Estate Owned $813,000 Historic Data - December 2010 Assets $69.71 million Equity Capital $7.86 million Loan Loss Allowance $200,000 Unbacked Noncurrent Loans $551,000 Real Estate Owned $616,000 Profit Margin - Quarterly Net Interest Margin 6.23% Return on Assets 0.32% Return on Equity 2.83% Interest Income $2.84 million Non-Interest Income $1.11 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 December 31, 2011 Onaway Community Credit Union had $1.66 million in non-current loans and owned real-estate with $8.42 million in equity and loan loss allowances on hand to cover it. This gives Onaway Community Credit Union a Texas Ratio of 19.66% 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 Onaway Community Credit Union increased slightly from 14.48% as of December 31, 2010 to 19.66% as of December 31, 2011, resulting in a negative change of 35.77%. This indicates that the balance sheet and financial strength for Onaway Community Credit Union has declined slightly in recent periods. Deposit Growth In the past year, Onaway Community Credit Union has increased its total deposits by $3 million, resulting in 4.92% 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 Onaway Community 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. Onaway Community Credit Union has $72.72 million in assets with $8.42 million in equity, resulting in a capitalization level of 11.58%, which is above average.

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