School District 3 Credit Union

School District 3 Credit Union is headquartered in Colorado Spring and is the 61^st largest credit union in the state of Colorado. It is also the 3,675^th largest credit union in the nation. It was established in 1959 and as of December of 2011, it had grown to 5 employees and 2,094 members. School District 3 Credit Union has a 5-star health rating.

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Data for Q4 2011

Institution Statistics SCHOOL DISTRICT 3 NCUA # 13300 BankRate Report View Year Chartered 1959 Employees 5 Primary Regulator Assets and Liabilities Assets $18.56 million Loans $8.01 million Deposits $16.23 million Equity Capital $2.24 million Loan Loss Allowance $41,000 Unbacked Noncurrent Loans $5,000 Real Estate Owned $80,000 Historic Data - December 2010 Assets $18.09 million Equity Capital $2.10 million Loan Loss Allowance $70,000 Unbacked Noncurrent Loans $101,000 Profit Margin - Quarterly Net Interest Margin 5.37% Return on Assets 0.78% Return on Equity 6.42% Interest Income $678,000 Non-Interest Income $131,000

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 School District 3 Credit Union had $85,000 in non-current loans and owned real-estate with $2.28 million in equity and loan loss allowances on hand to cover it. This gives School District 3 Credit Union a Texas Ratio of 3.72% 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 School District 3 Credit Union decreased slightly from 4.66% as of December 31, 2010 to 3.72% as of December 31, 2011, resulting in a positive change of 20.12%.This indicates that the balance sheet and financial strength for School District 3 Credit Union has improved slightly in recent periods. Deposit Growth In the past year, School District 3 Credit Union has increased its total deposits by $301,000, resulting in 1.89% 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 School District 3 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. School District 3 Credit Union has $18.56 million in assets with $2.28 million in equity, resulting in a capitalization level of 12.30%, which is excellent.

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