Owosso W B C Credit Union

Owosso W B C Credit Union is headquartered in OWOSSO and is the 290^th largest credit union in the state of Michigan. It is also the 6,087^th largest credit union in the nation. It was established in 1952 and as of December of 2011, it had grown to 2 employees and 1,142 members. Owosso W B C Credit Union has a 5-star health rating.

Data for Q4 2011

Institution Statistics OWOSSO W B C NCUA # 7673 BankRate Report View Year Chartered 1952 Employees 2 Primary Regulator Assets and Liabilities Assets $2.80 million Loans $1.14 million Deposits $2.13 million Equity Capital $656,000 Loan Loss Allowance $11,000 Unbacked Noncurrent Loans $29,000 Historic Data - December 2010 Assets $2.53 million Equity Capital $685,000 Loan Loss Allowance $13,000 Unbacked Noncurrent Loans $30,000 Profit Margin - Quarterly Net Interest Margin 7.19% Return on Assets -1% Return on Equity -4.27% Interest Income $99,000 Non-Interest Income $42,000

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 Owosso W B C Credit Union had $29,000 in non-current loans and owned real-estate with $667,000 in equity and loan loss allowances on hand to cover it. This gives Owosso W B C Credit Union a Texas Ratio of 4.35% 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 Owosso W B C Credit Union held steady from 4.30% as of December 31, 2010 to 4.35% as of December 31, 2011, resulting in a negative change of 1.16%. This indicates that the balance sheet and financial strength for Owosso W B C Credit Union has held steady in recent periods. Deposit Growth In the past year, Owosso W B C Credit Union has increased its total deposits by $296,000, resulting in 16.17% 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 Owosso W B C 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. Owosso W B C Credit Union has $2.8 million in assets with $667,000 in equity, resulting in a capitalization level of 23.82%, which is excellent.

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