R F & P Richmond Credit Union

R F & P Richmond Credit Union is headquartered in Richmond and is the 84^th largest credit union in the state of Virginia. It is also the 3,303^rd largest credit union in the nation. It was established in 1956 and as of December of 2011, it had grown to 5 employees and 1,450 members. R F & P Richmond Credit Union has a 4-star health rating.

Data for Q4 2011

Institution Statistics R F & P RICHMOND NCUA # 11150 BankRate Report View Year Chartered 1956 Employees 5 Primary Regulator Assets and Liabilities Assets $23.47 million Loans $11.68 million Deposits $20.45 million Equity Capital $3.00 million Loan Loss Allowance $207,000 Unbacked Noncurrent Loans $169,000 Real Estate Owned $37,000 Historic Data - December 2010 Assets $26.51 million Equity Capital $2.92 million Loan Loss Allowance $369,000 Unbacked Noncurrent Loans $6,000 Real Estate Owned $212,000 Profit Margin - Quarterly Net Interest Margin 6.52% Return on Assets 0.32% Return on Equity 2.46% Interest Income $1.09 million Non-Interest Income ($39,000)

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, 2011 R F & P Richmond Credit Union had $206,000 in non-current loans and owned real-estate with $3.21 million in equity and loan loss allowances on hand to cover it. This gives R F & P Richmond Credit Union a Texas Ratio of 6.42% 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 R F & P Richmond Credit Union held steady from 6.62% as of December 31, 2010 to 6.42% as of December 31, 2011, resulting in a positive change of 3.12%.This indicates that the balance sheet and financial strength for R F & P Richmond Credit Union has held steady in recent periods. Deposit Growth In the past year, R F & P Richmond Credit Union has decreased its total deposits by -$3.1 million, resulting in -13.18% 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 R F & P Richmond Credit Union has shown is poor. 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. R F & P Richmond Credit Union has $23.47 million in assets with $3.21 million in equity, resulting in a capitalization level of 13.68%, which is excellent.

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