Proponent Credit Union

Proponent Credit Union is headquartered in Nutley and is the 3^rd largest credit union in the state of New Jersey. It is also the 392^nd largest credit union in the nation. It was established in 1971 and as of December of 2011, it had grown to 109 employees and 28,546 members. Proponent Credit Union has a 5-star health rating.

Proponent Credit Union Checking Account Rates

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Proponent Credit Union CD Rates

Data for Q4 2011

Institution Statistics PROPONENT NCUA # 20448 BankRate Report View Year Chartered 1971 Employees 109 Primary Regulator Assets and Liabilities Assets $507.75 million Loans $326.73 million Deposits $453.18 million Equity Capital $48.93 million Loan Loss Allowance $3.08 million Unbacked Noncurrent Loans $1.90 million Historic Data - December 2010 Assets $478.80 million Equity Capital $47.17 million Loan Loss Allowance $2.28 million Unbacked Noncurrent Loans $2.35 million Profit Margin - Quarterly Net Interest Margin 4.53% Return on Assets 0.04% Return on Equity 0.38% Interest Income $20.35 million Non-Interest Income $2.23 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 Proponent Credit Union had $1.9 million in non-current loans and owned real-estate with $52.01 million in equity and loan loss allowances on hand to cover it. This gives Proponent Credit Union a Texas Ratio of 3.66% 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 Proponent Credit Union decreased slightly from 4.75% as of December 31, 2010 to 3.66% as of December 31, 2011, resulting in a positive change of 23.03%.This indicates that the balance sheet and financial strength for Proponent Credit Union has improved slightly in recent periods. Deposit Growth In the past year, Proponent Credit Union has increased its total deposits by $25.88 million, resulting in 6.06% 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 Proponent 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. Proponent Credit Union has $507.75 million in assets with $52.01 million in equity, resulting in a capitalization level of 10.24%, which is above average.

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