Public Service Credit Union

Public Service Credit Union is headquartered in Middlesex and is the 62^nd largest credit union in the state of New Jersey. It is also the 3,107^th largest credit union in the nation. It was established in 1957 and as of March of 2013, it had grown to 5 employees and 2,682 members. Public Service Credit Union's CD rates are 29% higher than the national average, and it boasts a 5-star health rating.

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Data for Q1 2013

Institution Statistics PUBLIC SERVICE NCUA # 11779 BankRate Report View Year Chartered 1957 Employees 5 Primary Regulator Assets and Liabilities Assets $27.72 million Loans $9.45 million Deposits $24.59 million Equity Capital $3.09 million Loan Loss Allowance $39,000 Unbacked Noncurrent Loans $36,000 Historic Data - March 2012 Assets $26.70 million Equity Capital $2.97 million Loan Loss Allowance $25,000 Profit Margin - Quarterly Net Interest Margin 1.5% Return on Assets 0.33% Return on Equity 2.98% Interest Income $226,000 Non-Interest Income $23,000

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 March 31, 2013 Public Service Credit Union had $36,000 in non-current loans and owned real-estate with $3.12 million in equity and loan loss allowances on hand to cover it. This gives Public Service Credit Union a Texas Ratio of 1.15% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Deposit Growth In the past year, Public Service Credit Union has increased its total deposits by $895,000, resulting in 3.78% 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 Service 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. Public Service Credit Union has $27.72 million in assets with $3.12 million in equity, resulting in a capitalization level of 11.27%, which is above average.

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