S. C. Telco Credit Union

S. C. Telco Credit Union is headquartered in Greenville and is the 12^st largest credit union in the state of South Carolina. It is also the 821^st largest credit union in the nation. It was established in 1935 and as of December of 2011, it had grown to 85 employees and 38,790 members. S. C. Telco Credit Union's savings rates are 25% higher than the national average, and it boasts a 5-star health rating.

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S. C. Telco Credit Union Savings Account Rates

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Data for Q4 2011

Institution Statistics S. C. TELCO NCUA # 361 BankRate Report View Year Chartered 1935 Employees 85 Primary Regulator Assets and Liabilities Assets $215.38 million Loans $164.22 million Deposits $190.61 million Equity Capital $21.92 million Loan Loss Allowance $2.00 million Unbacked Noncurrent Loans $947,000 Historic Data - December 2010 Assets $199.91 million Equity Capital $19.01 million Loan Loss Allowance $1.59 million Unbacked Noncurrent Loans $1.03 million Real Estate Owned $70,000 Profit Margin - Quarterly Net Interest Margin 5.33% Return on Assets 1.33% Return on Equity 13.04% Interest Income $10.70 million Non-Interest Income $7.22 million

Institution Health Overall Score: 5 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. Telco Credit Union had $947,000 in non-current loans and owned real-estate with $23.92 million in equity and loan loss allowances on hand to cover it. This gives S. C. Telco Credit Union a Texas Ratio of 3.96% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for S. C. Telco Credit Union decreased slightly from 5.36% as of December 31, 2010 to 3.96% as of December 31, 2011, resulting in a positive change of 26.11%.This indicates that the balance sheet and financial strength for S. C. Telco Credit Union has improved slightly in recent periods. Deposit Growth In the past year, S. C. Telco Credit Union has increased its total deposits by $12 million, resulting in 6.72% 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. Telco 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. S. C. Telco Credit Union has $215.38 million in assets with $23.92 million in equity, resulting in a capitalization level of 11.11%, which is above average.

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