Schlumberger Employees Credit Union

Schlumberger Employees Credit Union is headquartered in Sugar Land and is the 38^th largest credit union in the state of Texas. It is also the 478^th largest credit union in the nation. It was established in 1946 and as of December of 2011, it had grown to 29 employees and 23,099 members. Schlumberger Employees Credit Union has a 5-star health rating.

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Data for Q4 2011

Institution Statistics SCHLUMBERGER EMPLOYEES NCUA # 67625 BankRate Report View Year Chartered 1946 Employees 29 Primary Regulator Assets and Liabilities Assets $406.71 million Loans $142.17 million Deposits $345.03 million Equity Capital $58.57 million Loan Loss Allowance $373,000 Unbacked Noncurrent Loans $488,000 Real Estate Owned $416,000 Historic Data - December 2010 Assets $356.36 million Equity Capital $52.06 million Loan Loss Allowance $1.16 million Unbacked Noncurrent Loans $1.52 million Profit Margin - Quarterly Net Interest Margin 5.93% Return on Assets 1.6% Return on Equity 11.11% Interest Income $12.13 million Non-Interest Income $5.30 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 Schlumberger Employees Credit Union had $904,000 in non-current loans and owned real-estate with $58.95 million in equity and loan loss allowances on hand to cover it. This gives Schlumberger Employees Credit Union a Texas Ratio of 1.53% 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 Schlumberger Employees Credit Union decreased significantly from 2.86% as of December 31, 2010 to 1.53% as of December 31, 2011, resulting in a positive change of 46.34%.This indicates that the balance sheet and financial strength for Schlumberger Employees Credit Union has improved significantly in recent periods. Deposit Growth In the past year, Schlumberger Employees Credit Union has increased its total deposits by $43.19 million, resulting in 14.31% 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 Schlumberger Employees 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. Schlumberger Employees Credit Union has $406.71 million in assets with $58.95 million in equity, resulting in a capitalization level of 14.49%, which is excellent.

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