Saginaw Medical Federal Credit Union

Saginaw Medical Federal Credit Union is headquartered in SAGINAW and is the 80^th largest credit union in the state of Michigan. It is also the 1,333^rd largest credit union in the nation. It was established in 1970 and as of September of 2011, it had grown to 27 employees and 11,904 members. Saginaw Medical Federal Credit Union's savings rates are 4X the national average, and it boasts a 5-star health rating.

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Data for Q3 2011

Institution Statistics SAGINAW MEDICAL NCUA # 20007 BankRate Report View Year Established 1970 Employees 27 Primary Regulator Assets and Liabilities Assets $110.98 million Loans $45.85 million Deposits $99.50 million Equity Capital $10.77 million Loan Loss Allowance $338,000 Unbacked Noncurrent Loans $358,000 Historic Data - September 2010 Assets $106.66 million Equity Capital $10.28 million Loan Loss Allowance $211,000 Unbacked Noncurrent Loans $257,000 Profit Margin - Quarterly Net Interest Margin 4.22% Return on Assets 0.43% Return on Equity 4.38% Interest Income $2.80 million Non-Interest Income $1.10 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 September 30, 2011 Saginaw Medical Federal Credit Union had $358,000 in non-current loans and owned real-estate with $11.11 million in equity and loan loss allowances on hand to cover it. This gives Saginaw Medical Federal Credit Union a Texas Ratio of 3.22% 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 Saginaw Medical Federal Credit Union held steady from 2.45% as of September 30, 2010 to 3.22% as of September 30, 2011, resulting in a negative change of 31.59%. This indicates that the balance sheet and financial strength for Saginaw Medical Federal Credit Union has held steady in recent periods. Deposit Growth In the past year, Saginaw Medical Federal Credit Union has increased its total deposits by $3.77 million, resulting in 3.93% 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 Saginaw Medical Federal Credit Union has shown is above 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. Saginaw Medical Federal Credit Union has $110.98 million in assets with $11.11 million in equity, resulting in a capitalization level of 10.01%, which is above average.

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