P S E Credit Union

P S E Credit Union is headquartered in Somerset and is the 94^th largest credit union in the state of New Jersey. It is also the 4,482^nd largest credit union in the nation. It was established in 1958 and as of December of 2011, it had grown to employees and 1,337 members. P S E Credit Union has a 5-star health rating.

Data for Q4 2011

Institution Statistics P S E NCUA # 12175 BankRate Report View Year Chartered 1958 Employees 0 Primary Regulator Assets and Liabilities Assets $10.82 million Loans $4.20 million Deposits $9.74 million Equity Capital $1.05 million Loan Loss Allowance $71,000 Unbacked Noncurrent Loans $106,000 Historic Data - December 2010 Assets $9.97 million Equity Capital $1.01 million Loan Loss Allowance $42,000 Unbacked Noncurrent Loans $179,000 Profit Margin - Quarterly Net Interest Margin 5.48% Return on Assets 0.96% Return on Equity 9.94% Interest Income $381,000

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 P S E Credit Union had $106,000 in non-current loans and owned real-estate with $1.12 million in equity and loan loss allowances on hand to cover it. This gives P S E Credit Union a Texas Ratio of 9.49% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for P S E Credit Union decreased significantly from 17.03% as of December 31, 2010 to 9.49% as of December 31, 2011, resulting in a positive change of 44.28%.This indicates that the balance sheet and financial strength for P S E Credit Union has improved significantly in recent periods. Deposit Growth In the past year, P S E Credit Union has increased its total deposits by $808,000, resulting in 9.05% 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 P S E 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. P S E Credit Union has $10.82 million in assets with $1.12 million in equity, resulting in a capitalization level of 10.32%, which is above average.

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