Security Credit Union

Security Credit Union is headquartered in FLINT and is the 26^th largest credit union in the state of Michigan. It is also the 542^nd largest credit union in the nation. It was established in 1955 and as of December of 2011, it had grown to 101 employees and 54,308 members. Security Credit Union has a 4-star health rating.

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Data for Q4 2011

Institution Statistics SECURITY NCUA # 61159 BankRate Report View Year Chartered 1955 Employees 101 Primary Regulator Assets and Liabilities Assets $356.05 million Loans $152.03 million Deposits $322.81 million Equity Capital $27.87 million Loan Loss Allowance $1.86 million Unbacked Noncurrent Loans $3.42 million Real Estate Owned $332,000 Historic Data - December 2010 Assets $357.15 million Equity Capital $29.07 million Loan Loss Allowance $2.26 million Unbacked Noncurrent Loans $3.66 million Real Estate Owned $282,000 Profit Margin - Quarterly Net Interest Margin 6.94% Return on Assets -0.31% Return on Equity -3.94% Interest Income $12.85 million Non-Interest Income $6.44 million

Institution Health Overall Score: 4 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 Security Credit Union had $3.75 million in non-current loans and owned real-estate with $29.73 million in equity and loan loss allowances on hand to cover it. This gives Security Credit Union a Texas Ratio of 12.62% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Security Credit Union held steady from 12.60% as of December 31, 2010 to 12.62% as of December 31, 2011, resulting in a negative change of 0.17%. This indicates that the balance sheet and financial strength for Security Credit Union has held steady in recent periods. Deposit Growth In the past year, Security Credit Union has decreased its total deposits by $-849,000, resulting in -0.26% 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 Security 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. Security Credit Union has $356.05 million in assets with $29.73 million in equity, resulting in a capitalization level of 8.35%, which is average.

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