S W G Credit Union

S W G Credit Union is headquartered in LAS VEGAS and is the 17^st largest credit union in the state of Nevada. It is also the 3,635^th largest credit union in the nation. It was established in 1960 and as of December of 2011, it had grown to 4 employees and 2,555 members. S W G Credit Union has a 5-star health rating.

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Data for Q4 2011

Institution Statistics S W G NCUA # 13670 BankRate Report View Year Chartered 1960 Employees 4 Primary Regulator Assets and Liabilities Assets $19.06 million Loans $5.68 million Deposits $17.00 million Equity Capital $1.87 million Loan Loss Allowance $241,000 Unbacked Noncurrent Loans $113,000 Historic Data - December 2010 Assets $19.27 million Equity Capital $2.07 million Loan Loss Allowance $384,000 Unbacked Noncurrent Loans $367,000 Profit Margin - Quarterly Net Interest Margin 7.9% Return on Assets -1.04% Return on Equity -10.62% Interest Income $583,000 Non-Interest Income $166,000

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 W G Credit Union had $113,000 in non-current loans and owned real-estate with $2.11 million in equity and loan loss allowances on hand to cover it. This gives S W G Credit Union a Texas Ratio of 5.35% 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 W G Credit Union decreased significantly from 14.94% as of December 31, 2010 to 5.35% as of December 31, 2011, resulting in a positive change of 64.21%.This indicates that the balance sheet and financial strength for S W G Credit Union has improved significantly in recent periods. Deposit Growth In the past year, S W G Credit Union has decreased its total deposits by $-157,000, resulting in -0.91% 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 W G 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 W G Credit Union has $19.06 million in assets with $2.11 million in equity, resulting in a capitalization level of 11.09%, which is above average.

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