Richfield-Bloomington Credit Union

Richfield-Bloomington Credit Union is headquartered in Richfield and is the 15^st largest credit union in the state of Minnesota. It is also the 770^th largest credit union in the nation. It was established in 1957 and as of December of 2011, it had grown to 58 employees and 17,632 members. Richfield-Bloomington Credit Union has a 4-star health rating.

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Data for Q4 2011

Institution Statistics RICHFIELD-BLOOMINGTON NCUA # 60125 BankRate Report View Year Chartered 1957 Employees 58 Primary Regulator Assets and Liabilities Assets $236.41 million Loans $128.34 million Deposits $210.50 million Equity Capital $22.72 million Loan Loss Allowance $2.12 million Unbacked Noncurrent Loans $5.98 million Real Estate Owned $1.40 million Historic Data - December 2010 Assets $222.37 million Equity Capital $21.69 million Loan Loss Allowance $2.04 million Unbacked Noncurrent Loans $3.54 million Real Estate Owned $1.39 million Profit Margin - Quarterly Net Interest Margin 5.85% Return on Assets 0.03% Return on Equity 0.36% Interest Income $9.97 million Non-Interest Income $1.58 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, 2011 Richfield-Bloomington Credit Union had $7.38 million in non-current loans and owned real-estate with $24.84 million in equity and loan loss allowances on hand to cover it. This gives Richfield-Bloomington Credit Union a Texas Ratio of 29.71% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Richfield-Bloomington Credit Union increased slightly from 20.79% as of December 31, 2010 to 29.71% as of December 31, 2011, resulting in a negative change of 42.94%. This indicates that the balance sheet and financial strength for Richfield-Bloomington Credit Union has declined slightly in recent periods. Deposit Growth In the past year, Richfield-Bloomington Credit Union has increased its total deposits by $15.22 million, resulting in 7.79% 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 Richfield-Bloomington 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. Richfield-Bloomington Credit Union has $236.41 million in assets with $24.84 million in equity, resulting in a capitalization level of 10.51%, which is above average.

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