Sesloc Credit Union

Sesloc Credit Union is headquartered in SAN LUIS OBISPO and is the 62^nd largest credit union in the state of California. It is also the 359^th largest credit union in the nation. It was established in 1942 and as of December of 2012, it had grown to 95 employees and 35,026 members. Sesloc Credit Union's savings rates are 92% higher than the national average, and it boasts a 5-star health rating.

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Data for Q4 2012

Institution Statistics SESLOC NCUA # 4980 BankRate Report View Year Chartered 1942 Employees 95 Primary Regulator Assets and Liabilities Assets $587.69 million Loans $328.80 million Deposits $537.55 million Equity Capital $48.73 million Loan Loss Allowance $5.29 million Unbacked Noncurrent Loans $2.74 million Historic Data - December 2011 Assets $539.25 million Equity Capital $43.86 million Loan Loss Allowance $6.50 million Unbacked Noncurrent Loans $3.13 million Real Estate Owned $3.15 million Profit Margin - Quarterly Net Interest Margin 3.73% Return on Assets 0.77% Return on Equity 9.31% Interest Income $15.86 million Non-Interest Income $2.67 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, 2012 Sesloc Credit Union had $2.74 million in non-current loans and owned real-estate with $54.02 million in equity and loan loss allowances on hand to cover it. This gives Sesloc Credit Union a Texas Ratio of 5.08% 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 Sesloc Credit Union decreased significantly from 12.49% as of December 31, 2011 to 5.08% as of December 31, 2012, resulting in a positive change of 59.35%.This indicates that the balance sheet and financial strength for Sesloc Credit Union has improved significantly in recent periods. Deposit Growth In the past year, Sesloc Credit Union has increased its total deposits by $43.55 million, resulting in 8.82% 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 Sesloc 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. Sesloc Credit Union has $587.69 million in assets with $54.02 million in equity, resulting in a capitalization level of 9.19%, which is average.

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