Peopleschoice Credit Union

Peopleschoice Credit Union is headquartered in Biddeford and is the 16^st largest credit union in the state of Maine. It is also the 1,149^th largest credit union in the nation. It was established in 1963 and as of December of 2012, it had grown to 42 employees and 14,727 members. Peopleschoice Credit Union has a 4-star health rating.

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Data for Q4 2012

Institution Statistics PEOPLESCHOICE NCUA # 68442 BankRate Report View Year Chartered 1963 Employees 42 Primary Regulator Assets and Liabilities Assets $142.90 million Loans $93.37 million Deposits $119.87 million Equity Capital $12.30 million Loan Loss Allowance $446,000 Unbacked Noncurrent Loans $1.62 million Historic Data - December 2011 Assets $134.29 million Equity Capital $12.19 million Loan Loss Allowance $549,000 Unbacked Noncurrent Loans $1.81 million Profit Margin - Quarterly Net Interest Margin 3.92% Return on Assets 0.37% Return on Equity 4.26% Interest Income $5.16 million Non-Interest Income $2.14 million

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, 2012 Peopleschoice Credit Union had $1.62 million in non-current loans and owned real-estate with $12.74 million in equity and loan loss allowances on hand to cover it. This gives Peopleschoice Credit Union a Texas Ratio of 12.72% 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 Peopleschoice Credit Union held steady from 14.19% as of December 31, 2011 to 12.72% as of December 31, 2012, resulting in a positive change of 10.38%.This indicates that the balance sheet and financial strength for Peopleschoice Credit Union has held steady in recent periods. Deposit Growth In the past year, Peopleschoice Credit Union has increased its total deposits by $3.19 million, resulting in 2.74% 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 Peopleschoice 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. Peopleschoice Credit Union has $142.9 million in assets with $12.74 million in equity, resulting in a capitalization level of 8.92%, which is average.