Raritan Bay Federal Credit Union

Raritan Bay Federal Credit Union is headquartered in Sayreville and is the 35^th largest credit union in the state of New Jersey. It is also the 1,818^st largest credit union in the nation. It was established in 1941 and as of December of 2012, it had grown to 32 employees and 9,354 members. Raritan Bay Federal Credit Union's savings rates are 44% higher than the national average, and it has a 4-star health rating.

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Data for Q4 2012

Institution Statistics RARITAN BAY NCUA # 4726 BankRate Report View Year Chartered 1941 Employees 32 Primary Regulator Assets and Liabilities Assets $72.63 million Loans $38.11 million Deposits $66.68 million Equity Capital $5.70 million Loan Loss Allowance $426,000 Unbacked Noncurrent Loans $676,000 Historic Data - December 2011 Assets $70.06 million Equity Capital $5.62 million Loan Loss Allowance $652,000 Unbacked Noncurrent Loans $545,000 Real Estate Owned $172,000 Profit Margin - Quarterly Net Interest Margin 6.44% Return on Assets 0.11% Return on Equity 1.46% Interest Income $3.12 million Non-Interest Income $1.09 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 December 31, 2012 Raritan Bay Federal Credit Union had $676,000 in non-current loans and owned real-estate with $6.13 million in equity and loan loss allowances on hand to cover it. This gives Raritan Bay Federal Credit Union a Texas Ratio of 11.03% 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 Raritan Bay Federal Credit Union held steady from 11.43% as of December 31, 2011 to 11.03% as of December 31, 2012, resulting in a positive change of 3.52%.This indicates that the balance sheet and financial strength for Raritan Bay Federal Credit Union has held steady in recent periods. Deposit Growth In the past year, Raritan Bay Federal Credit Union has increased its total deposits by $2.42 million, resulting in 3.76% 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 Raritan Bay Federal 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. Raritan Bay Federal Credit Union has $72.62 million in assets with $6.13 million in equity, resulting in a capitalization level of 8.44%, which is average.