S E A Credit Union

S E A Credit Union is headquartered in Richfield and is the 67^th largest credit union in the state of Utah. It is also the 5,998^th largest credit union in the nation. It was established in 1957 and as of December of 2011, it had grown to 1 employees and 803 members. S E A Credit Union has a 4-star health rating.

Data for Q4 2011

Institution Statistics S E A NCUA # 67149 BankRate Report View Year Chartered 1957 Employees 1 Primary Regulator Assets and Liabilities Assets $3.09 million Loans $3.03 million Deposits $2.20 million Equity Capital $890,000 Loan Loss Allowance $54,000 Unbacked Noncurrent Loans $69,000 Historic Data - December 2010 Assets $3.13 million Equity Capital $856,000 Loan Loss Allowance $7,000 Unbacked Noncurrent Loans $1,000 Profit Margin - Quarterly Net Interest Margin 4.1% Return on Assets 1.1% Return on Equity 3.82% Interest Income $158,000 Non-Interest Income $23,000

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 E A Credit Union had $69,000 in non-current loans and owned real-estate with $944,000 in equity and loan loss allowances on hand to cover it. This gives S E A Credit Union a Texas Ratio of 7.31% 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 E A Credit Union increased slightly from 0.12% as of December 31, 2010 to 7.31% as of December 31, 2011, resulting in a negative change of 6,207.94%. This indicates that the balance sheet and financial strength for S E A Credit Union has declined slightly in recent periods. Deposit Growth In the past year, S E A Credit Union has decreased its total deposits by $-48,000, resulting in -2.13% 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 E A 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. S E A Credit Union has $3.09 million in assets with $944,000 in equity, resulting in a capitalization level of 30.52%, which is excellent.

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