School District #9 Credit Union

School District #9 Credit Union is headquartered in Granite City and is the 212^st largest credit union in the state of Illinois. It is also the 5,284^th largest credit union in the nation. It was established in 1958 and as of December of 2011, it had grown to 3 employees and 966 members. School District #9 Credit Union has a 5-star health rating.

School District #9 Credit Union Routing Number: 281076905

Data for Q4 2011

Institution Statistics SCHOOL DISTRICT #9 NCUA # 60739 BankRate Report View Year Chartered 1958 Employees 3 Primary Regulator Assets and Liabilities Assets $6.17 million Loans $3.36 million Deposits $5.69 million Equity Capital $462,000 Loan Loss Allowance $21,000 Unbacked Noncurrent Loans $15,000 Historic Data - December 2010 Assets $5.49 million Equity Capital $459,000 Loan Loss Allowance $21,000 Unbacked Noncurrent Loans $13,000 Profit Margin - Quarterly Net Interest Margin 6.13% Return on Assets 0.11% Return on Equity 1.52% Interest Income $228,000 Non-Interest Income $71,000

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 #9 Credit Union had $15,000 in non-current loans and owned real-estate with $483,000 in equity and loan loss allowances on hand to cover it. This gives School District #9 Credit Union a Texas Ratio of 3.11% 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 #9 Credit Union held steady from 2.71% as of December 31, 2010 to 3.11% as of December 31, 2011, resulting in a negative change of 14.67%. This indicates that the balance sheet and financial strength for School District #9 Credit Union has held steady in recent periods. Deposit Growth In the past year, School District #9 Credit Union has increased its total deposits by $671,000, resulting in 13.37% 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 #9 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. School District #9 Credit Union has $6.17 million in assets with $483,000 in equity, resulting in a capitalization level of 7.83%, which is below average.

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