Quorum Federal Credit Union

Quorum Federal Credit Union is headquartered in Purchase and is the 22^nd largest credit union in the state of New York. It is also the 287^th largest credit union in the nation. It was established in 1977 and as of September of 2011, it had grown to 118 employees and 46,381 members. Quorum Federal Credit Union's CD rates are 11% higher than the national average, and it has a 4-star health rating.

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Data for Q3 2011

Institution Statistics QUORUM NCUA # 22769 BankRate Report View Year Established 1977 Employees 118 Primary Regulator Assets and Liabilities Assets $688.73 million Loans $477.01 million Deposits $616.44 million Equity Capital $60.31 million Loan Loss Allowance $4.65 million Unbacked Noncurrent Loans $6.70 million Historic Data - September 2010 Assets $648.57 million Equity Capital $58.44 million Loan Loss Allowance $4.55 million Unbacked Noncurrent Loans $6.34 million Real Estate Owned $517,000 Profit Margin - Quarterly Net Interest Margin 3.28% Return on Assets 0.32% Return on Equity 3.7% Interest Income $21.49 million Non-Interest Income $4.13 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 September 30, 2011 Quorum Federal Credit Union had $6.7 million in non-current loans and owned real-estate with $64.96 million in equity and loan loss allowances on hand to cover it. This gives Quorum Federal Credit Union a Texas Ratio of 10.32% 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 Quorum Federal Credit Union held steady from 10.89% as of September 30, 2010 to 10.32% as of September 30, 2011, resulting in a positive change of 5.21%.This indicates that the balance sheet and financial strength for Quorum Federal Credit Union has held steady in recent periods. Deposit Growth In the past year, Quorum Federal Credit Union has increased its total deposits by $44.14 million, resulting in 7.71% 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 Quorum Federal 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. Quorum Federal Credit Union has $688.73 million in assets with $64.96 million in equity, resulting in a capitalization level of 9.43%, which is average.

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