Sisseton-Wahpeton Credit Union

Sisseton-Wahpeton Credit Union is headquartered in Agency Village and is the 41^st largest credit union in the state of South Dakota. It is also the 5,720^th largest credit union in the nation. It was established in 1979 and as of December of 2011, it had grown to 6 employees and 2,035 members. Sisseton-Wahpeton Credit Union has a 4-star health rating.

Data for Q4 2011

Institution Statistics SISSETON-WAHPETON NCUA # 23309 BankRate Report View Year Chartered 1979 Employees 6 Primary Regulator Assets and Liabilities Assets $4.19 million Loans $3.09 million Deposits $3.25 million Equity Capital $771,000 Loan Loss Allowance $174,000 Unbacked Noncurrent Loans $89,000 Historic Data - December 2010 Assets $3.99 million Equity Capital $736,000 Loan Loss Allowance $151,000 Unbacked Noncurrent Loans $62,000 Profit Margin - Quarterly Net Interest Margin 14.13% Return on Assets 0.93% Return on Equity 5.06% Interest Income $478,000 Non-Interest Income $83,000

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 Sisseton-Wahpeton Credit Union had $89,000 in non-current loans and owned real-estate with $945,000 in equity and loan loss allowances on hand to cover it. This gives Sisseton-Wahpeton Credit Union a Texas Ratio of 9.42% 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 Sisseton-Wahpeton Credit Union held steady from 6.99% as of December 31, 2010 to 9.42% as of December 31, 2011, resulting in a negative change of 34.74%. This indicates that the balance sheet and financial strength for Sisseton-Wahpeton Credit Union has held steady in recent periods. Deposit Growth In the past year, Sisseton-Wahpeton Credit Union has increased its total deposits by $56,000, resulting in 1.75% 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 Sisseton-Wahpeton Credit Union has shown is above 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. Sisseton-Wahpeton Credit Union has $4.19 million in assets with $945,000 in equity, resulting in a capitalization level of 22.56%, which is excellent.

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