S.M.S.D. Credit Union

S.M.S.D. Credit Union is headquartered in Buffalo and is the 352^nd largest credit union in the state of New York. It is also the 6,420^th largest credit union in the nation. It was established in 1975 and as of December of 2011, it had grown to employees and 343 members. S.M.S.D. Credit Union has a 5-star health rating.

Data for Q4 2011

Institution Statistics S.M.S.D. NCUA # 22247 BankRate Report View Year Chartered 1975 Employees 0 Primary Regulator Assets and Liabilities Assets $1.73 million Loans $537,000 Deposits $1.37 million Equity Capital $357,000 Loan Loss Allowance $3,000 Unbacked Noncurrent Loans $3,000 Historic Data - December 2010 Assets $1.80 million Equity Capital $356,000 Loan Loss Allowance $3,000 Unbacked Noncurrent Loans $5,000 Profit Margin - Quarterly Net Interest Margin 4.51% Return on Assets 0.06% Return on Equity 0.28% Interest Income $37,000

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 S.M.S.D. Credit Union had $3,000 in non-current loans and owned real-estate with $360,000 in equity and loan loss allowances on hand to cover it. This gives S.M.S.D. Credit Union a Texas Ratio of 0.83% 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 S.M.S.D. Credit Union decreased significantly from 1.39% as of December 31, 2010 to 0.83% as of December 31, 2011, resulting in a positive change of 40.17%.This indicates that the balance sheet and financial strength for S.M.S.D. Credit Union has improved significantly in recent periods. Deposit Growth In the past year, S.M.S.D. Credit Union has decreased its total deposits by $-67,000, resulting in -4.66% 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 S.M.S.D. 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. S.M.S.D. Credit Union has $1.73 million in assets with $360,000 in equity, resulting in a capitalization level of 20.80%, which is excellent.

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