Public Employees CU (TX)

OVERALL
INSTITUTION HEALTH

B+

OVERVIEW /
COMMENTARY

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Overview / Commentary

www.pecutx.org

(800) 772-1955

P.O. Box 2205
Austin, TX 78768

Public Employees CU (TX) is headquartered in Austin and is the 61^st largest credit union in the state of Texas. It is also the 705^th largest credit union in the nation. It was established in 1952 and as of September of 2013, it had grown to 70 employees and 25,170 members. Public Employees CU (TX) has a B+ health rating.

Field of Membership Restrictions

Must live, work, worship or attend school within a 10-mile radius of any of the Central Texas branches. - See Details

2013

9/9 - Get Up To $150 From PECU

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Health

Data for Q3 2013

Institution Health

B+

Texas Ratio

GRADE:

A+

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 September 30, 2013 Public Employees CU (TX) had $233,000 in non-current loans and owned real-estate with $20.41 million in equity and loan loss allowances on hand to cover it. This gives Public Employees CU (TX) a Texas Ratio of 1.14% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:

C+

The Texas Ratio for Public Employees CU (TX) held steady from 0.99% as of September 30, 2012 to 1.14% as of September 30, 2013, resulting in a negative change of 15.69%. This indicates that the balance sheet and financial strength for Public Employees CU (TX) has held steady in recent periods.

Deposit Growth

GRADE:

In the past year, Public Employees CU (TX) has increased its total deposits by $8.32 million, resulting in 3.27% 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 Public Employees CU (TX) has shown is excellent.

Capitalization

GRADE:

C-

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. Public Employees CU (TX) has $284.34 million in assets with $20.41 million in equity, resulting in a capitalization level of 7.18%, which is below average.

Institution Statistics

Overall
NCUA #	67428
Year Chartered	1952
Employees	70
Primary Regulator

Assets and Liabilities
Assets	$284.34 million
Loans	$132.32 million
Deposits	$262.89 million
Equity Capital	$20.18 million
Loan Loss Allowance	$232,000
Unbacked Noncurrent Loans	$233,000
Real Estate Owned	$0

Historic Data - September 2012
Assets	$277.39 million
Equity Capital	$22.02 million
Loan Loss Allowance	$382,000
Unbacked Noncurrent Loans	$233,000
Real Estate Owned	$0

Profit Margin - Quarterly
Net Interest Margin	3.17%
Return on Assets	0.4%
Return on Equity	5.6%
Interest Income	$5.47 million

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