Service One Credit Union

PO Box 51770
Bowling Green, KY 421026770
(800) 759-8500
www.socu.com

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Service One Credit Union is headquartered in BOWLING GREEN and is the 13^st largest credit union in the state of Kentucky. It is also the 1,360^th largest credit union in the nation. It was established in 1963 and as of December of 2011, it had grown to 49 employees and 13,961 members. Service One Credit Union has a 5-star health rating.

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See Rates for: Checking | Savings | CD | IRA

Service One Credit Union Checking Account Rates

	Apy	Min	Max	Product
	0.35%	$50k	-	E.A.S.Y. (Easy Access Safety Yield) Share Draft Account

Service One Credit Union Savings Account Rates

Apy	Min	Max	Product
0.15%	$2,500	-	Member Share Account
0.15%	$2,500	-	Top-of-the-Class Share Accounts
0.15%	$2,500	-	Young Saver Share Account
0.05%	-	-	Holiday Club Account
0.05%	-	-	Special Saving Account

Service One Credit Union CD Rates

Apy	Min	Max	Product
1.70%	$500	-	5 Year High Yield Top-of-the-Class CD
1.60%	$500	-	5 Year High Yield CD
0.95%	$500	-	2 Year High Yield Top-of-the-Class CD
0.95%	$500	-	3 Year High Yield Top-of-the-Class CD
0.85%	$500	-	2 Year High Yield CD
0.85%	$500	-	3 Year High Yield CD
0.85%	$500	-	1 Year High Yield Top-of-the-Class CD
0.75%	$500	-	1 Year High Yield CD
0.75%	$20k	-	14 Day High Yield Freedom CD
0.70%	-	-	6 Month Add-On CD
0.65%	$20k	-	14 Day Freedom High Yield Top-of-the-Class CD
0.50%	$500	-	6 Month High Yield Top-of-the-Class CD
0.40%	$500	-	6 Month High Yield CD

Service One Credit Union IRA Rates

Apy	Min	Max	Product
1.35%	$99k	-	Coverdell Education Saving IRA
1.35%	$99k	-	Traditional IRA
1.35%	$99k	-	Roth IRA

Rates updated: 5/27/2012

Data for Q4 2011

Institution Statistics

SERVICE ONE
NCUA #	62484
BankRate Report	View
Year Chartered	1963
Employees	49
Primary Regulator
Assets and Liabilities
Assets	$107.49 million
Loans	$68.74 million
Deposits	$95.29 million
Equity Capital	$10.98 million
Loan Loss Allowance	$714,000
Unbacked Noncurrent Loans	$487,000
Real Estate Owned	$49,000
Historic Data - December 2010
Assets	$98.90 million
Equity Capital	$10.30 million
Loan Loss Allowance	$805,000
Unbacked Noncurrent Loans	$511,000
Real Estate Owned	$31,000
Profit Margin - Quarterly
Net Interest Margin	5.87%
Return on Assets	0.48%
Return on Equity	4.67%
Interest Income	$4.87 million
Non-Interest Income	$2.39 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 Service One Credit Union had $536,000 in non-current loans and owned real-estate with $11.69 million in equity and loan loss allowances on hand to cover it. This gives Service One Credit Union a Texas Ratio of 4.58% 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 Service One Credit Union held steady from 4.88% as of December 31, 2010 to 4.58% as of December 31, 2011, resulting in a positive change of 6.10%.This indicates that the balance sheet and financial strength for Service One Credit Union has held steady in recent periods.
Deposit Growth
In the past year, Service One Credit Union has increased its total deposits by $7.39 million, resulting in 8.41% 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 Service One 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. Service One Credit Union has $107.49 million in assets with $11.69 million in equity, resulting in a capitalization level of 10.88%, which is above average.

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