Rockland Employees Credit Union

Rockland Employees Credit Union is headquartered in SPRING VALLEY and is the 147^th largest credit union in the state of New York. It is also the 3,030^th largest credit union in the nation. It was established in 1962 and as of December of 2011, it had grown to 20 employees and 6,077 members. Rockland Employees Credit Union has a 3-star health rating.

Rockland Employees Credit Union Savings Account Rates

Rockland Employees Credit Union CD Rates

Rockland Employees Credit Union IRA Rates

Data for Q4 2011

Institution Statistics ROCKLAND EMPLOYEES NCUA # 15080 BankRate Report View Year Chartered 1962 Employees 20 Primary Regulator Assets and Liabilities Assets $28.26 million Loans $17.78 million Deposits $25.99 million Equity Capital $2.13 million Loan Loss Allowance $323,000 Unbacked Noncurrent Loans $1.14 million Historic Data - December 2010 Assets $28.70 million Equity Capital $2.02 million Loan Loss Allowance $407,000 Unbacked Noncurrent Loans $2.22 million Profit Margin - Quarterly Net Interest Margin 8.9% Return on Assets 0.38% Return on Equity 4.98% Interest Income $1.71 million Non-Interest Income $631,000

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 Rockland Employees Credit Union had $1.14 million in non-current loans and owned real-estate with $2.45 million in equity and loan loss allowances on hand to cover it. This gives Rockland Employees Credit Union a Texas Ratio of 46.59% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Rockland Employees Credit Union decreased significantly from 91.32% as of December 31, 2010 to 46.59% as of December 31, 2011, resulting in a positive change of 48.98%.This indicates that the balance sheet and financial strength for Rockland Employees Credit Union has improved significantly in recent periods. Deposit Growth In the past year, Rockland Employees Credit Union has decreased its total deposits by $-530,000, resulting in -2% 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 Rockland Employees Credit Union has shown is below 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. Rockland Employees Credit Union has $28.26 million in assets with $2.45 million in equity, resulting in a capitalization level of 8.67%, which is average.

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