S. C. H. D. Dist #7 Credit Union

S. C. H. D. Dist #7 Credit Union is headquartered in Orangeburg and is the 69^th largest credit union in the state of South Carolina. It is also the 6,224^th largest credit union in the nation. It was established in 1967 and as of December of 2011, it had grown to 1 employees and 636 members. S. C. H. D. Dist #7 Credit Union has a 4-star health rating.

Data for Q4 2011

Institution Statistics S. C. H. D. DIST #7 NCUA # 18423 BankRate Report View Year Chartered 1967 Employees 1 Primary Regulator Assets and Liabilities Assets $2.32 million Loans $1.24 million Deposits $1.88 million Equity Capital $424,000 Loan Loss Allowance $66,000 Unbacked Noncurrent Loans $66,000 Historic Data - December 2010 Assets $2.38 million Equity Capital $430,000 Loan Loss Allowance $70,000 Unbacked Noncurrent Loans $61,000 Profit Margin - Quarterly Net Interest Margin 10.55% Return on Assets -0.22% Return on Equity -1.18% Interest Income $142,000 Non-Interest Income ($8,000)

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 S. C. H. D. Dist #7 Credit Union had $66,000 in non-current loans and owned real-estate with $490,000 in equity and loan loss allowances on hand to cover it. This gives S. C. H. D. Dist #7 Credit Union a Texas Ratio of 13.47% 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 S. C. H. D. Dist #7 Credit Union held steady from 12.20% as of December 31, 2010 to 13.47% as of December 31, 2011, resulting in a negative change of 10.40%. This indicates that the balance sheet and financial strength for S. C. H. D. Dist #7 Credit Union has held steady in recent periods. Deposit Growth In the past year, S. C. H. D. Dist #7 Credit Union has increased its total deposits by $6,000, resulting in 0.32% 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 S. C. H. D. Dist #7 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. S. C. H. D. Dist #7 Credit Union has $2.32 million in assets with $490,000 in equity, resulting in a capitalization level of 21.10%, which is excellent.

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