Silver State Schools Family Credit Union

Silver State Schools Family Credit Union is headquartered in Las Vegas and is the 2^nd largest credit union in the state of Nevada. It is also the 336^th largest credit union in the nation. It was established in 1951 and as of March of 2013, it had grown to 166 employees and 56,207 members. Silver State Schools Family Credit Union has a 3-star health rating.

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Data for Q1 2013

Institution Statistics SILVER STATE SCHOOLS FAMILY NCUA # 97085 BankRate Report View Year Chartered 1951 Employees 166 Primary Regulator Assets and Liabilities Assets $644.41 million Loans $423.65 million Deposits $612.52 million Equity Capital $22.48 million Loan Loss Allowance $22.68 million Unbacked Noncurrent Loans $17.70 million Real Estate Owned $3.01 million Historic Data - March 2012 Assets $650.08 million Equity Capital $20.44 million Loan Loss Allowance $24.24 million Unbacked Noncurrent Loans $37.06 million Real Estate Owned $6.14 million Profit Margin - Quarterly Net Interest Margin 1.33% Return on Assets 0.73% Return on Equity 20.89% Interest Income $5.75 million Non-Interest Income $3.69 million

Institution Health Overall Score: 3 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 March 31, 2013 Silver State Schools Family Credit Union had $20.71 million in non-current loans and owned real-estate with $45.16 million in equity and loan loss allowances on hand to cover it. This gives Silver State Schools Family Credit Union a Texas Ratio of 45.87% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Silver State Schools Family Credit Union decreased significantly from 96.68% as of March 31, 2012 to 45.87% as of March 31, 2013, resulting in a positive change of 52.56%.This indicates that the balance sheet and financial strength for Silver State Schools Family Credit Union has improved significantly in recent periods. Deposit Growth In the past year, Silver State Schools Family Credit Union has decreased its total deposits by -$12 million, resulting in -1.92% 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 Silver State Schools Family Credit Union has shown is below 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. Silver State Schools Family Credit Union has $644.41 million in assets with $45.16 million in equity, resulting in a capitalization level of 7.01%, which is below average.