Renaissance Community Development C Credit Union

Renaissance Community Development C Credit Union is headquartered in Somerset and is the 178^th largest credit union in the state of New Jersey. It is also the 6,647^th largest credit union in the nation. It was established in 1996 and as of December of 2011, it had grown to 1 employees and 705 members. Renaissance Community Development C Credit Union has a 3-star health rating.

Data for Q4 2011

Institution Statistics RENAISSANCE COMMUNITY DEVELOPMENT C NCUA # 68195 BankRate Report View Year Chartered 1996 Employees 1 Primary Regulator Assets and Liabilities Assets $1.13 million Loans $499,000 Deposits $1.01 million Equity Capital $55,000 Loan Loss Allowance $12,000 Unbacked Noncurrent Loans $13,000 Historic Data - December 2010 Assets $1.14 million Equity Capital $61,000 Loan Loss Allowance $12,000 Profit Margin - Quarterly Net Interest Margin 10.42% Return on Assets -0.44% Return on Equity -9.09% Interest Income $55,000 Non-Interest Income $17,000

Institution Health Overall Score: 3 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 Renaissance Community Development C Credit Union had $13,000 in non-current loans and owned real-estate with $67,000 in equity and loan loss allowances on hand to cover it. This gives Renaissance Community Development C Credit Union a Texas Ratio of 19.40% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Deposit Growth In the past year, Renaissance Community Development C Credit Union has decreased its total deposits by $-9,000, resulting in -0.89% 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 Renaissance Community Development C Credit Union has shown is 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. Renaissance Community Development C Credit Union has $1.13 million in assets with $67,000 in equity, resulting in a capitalization level of 5.95%, which is below average.

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