SMW Credit Union

700 Apollo Drive
Lino Lakes, MN 55014
800-772-1023
www.smwfcu.com

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SMW Credit Union is headquartered in Lino Lakes and is the 50^th largest credit union in the state of Minnesota. It is also the 2,073^rd largest credit union in the nation. It was established in 1954 and as of December of 2011, it had grown to 19 employees and 5,365 members. SMW Credit Union has a 3-star health rating.

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See Rates for: Checking | Savings | Money Market | CD | IRA

SMW Credit Union Checking Account Rates

Apy	Min	Max	Product
2.00%	-	$15k	Kasasa Cash
0.05%	-	-	Advantage Checking
0.05%	$500	-	Interest Checking

SMW Credit Union Savings Account Rates

Apy	Min	Max	Product
0.10%	-	-	Union Vacation Accounts
0.05%	-	-	IRA Share Savings
0.05%	-	-	Holiday Savings Club
0.05%	-	-	Roth IRA Share Savings
0.05%	-	-	CESA Share Savings
0.05%	-	-	SEP IRA Share Savings
0.05%	$2,500	-	Wealth Builder Savings
0.02%	$250	-	Share Savings
0.02%	$250	-	Youth Share Savings

SMW Credit Union Money Market Rates

Apy	Min	Max	Product
0.05%	$2,500	-	Wealth Builder Money Market Savings
0.05%	$25k	-	Wealth Builder Venture Money Market Savings

SMW Credit Union CD Rates

Apy	Min	Max	Product
2.10%	$100k	-	49 Month Wealth Builder CD
1.75%	$10k	-	60 Month CD
1.65%	$10k	-	48 Month CD
1.55%	$10k	-	36 Month CD
1.30%	$100k	-	29 Month Wealth Builder CD
1.25%	$5k	-	28 Month Featured Step-Up CD
1.20%	$100k	-	19 Month Wealth Builder CD
0.70%	$10k	-	24 Month CD
0.70%	$10k	-	30 Month CD
0.35%	$100k	-	12 Month CD
0.15%	$100k	-	6 Month CD

SMW Credit Union IRA Rates

Apy	Min	Max	Product
2.10%	$100k	-	49 Month Wealth Builder IRA
2.10%	$100k	-	49 Month Wealth Builder Roth IRA
2.10%	$100k	-	49 Month Wealth Builder CESA
2.10%	$100k	-	49 Month Wealth Builder SEP IRA
1.75%	$10k	-	60 Month IRA
1.75%	$10k	-	60 Month Roth IRA
1.75%	$10k	-	60 Month CESA
1.75%	$10k	-	60 Month SEP IRA
1.65%	$10k	-	48 Month IRA
1.65%	$10k	-	48 Month Roth IRA
1.65%	$10k	-	48 Month CESA
1.65%	$10k	-	48 Month SEP IRA
1.55%	$10k	-	36 Month IRA
1.55%	$10k	-	36 Month Roth IRA
1.55%	$10k	-	36 Month CESA
1.55%	$10k	-	36 Month SEP IRA
1.30%	$100k	-	29 Month Wealth Builder IRA
1.30%	$100k	-	29 Month Wealth Builder Roth IRA
1.30%	$100k	-	29 Month Wealth Builder CESA
1.30%	$100k	-	29 Month Wealth Builder SEP IRA
1.25%	$5k	-	28 Month Featured Step-Up IRA
1.25%	$5k	-	28 Month Featured Step-Up Roth IRA
1.25%	$5k	-	28 Month Featured Step-Up CESA
1.25%	$5k	-	28 Month Featured Step-Up SEP IRA
1.20%	$100k	-	19 Month Wealth Builder IRA
1.20%	$100k	-	19 Month Wealth Builder Roth IRA
1.20%	$100k	-	19 Month Wealth Builder CESA
1.20%	$100k	-	19 Month Wealth Builder SEP IRA
0.70%	$10k	-	24 Month IRA
0.70%	$10k	-	30 Month IRA
0.70%	$10k	-	24 Month Roth IRA
0.70%	$10k	-	30 Month Roth IRA
0.70%	$10k	-	24 Month CESA
0.70%	$10k	-	24 Month SEP IRA
0.70%	$10k	-	30 Month CESA
0.70%	$10k	-	30 Month SEP IRA
0.35%	$100k	-	12 Month IRA
0.35%	$100k	-	12 Month Roth IRA
0.35%	$100k	-	12 Month CESA
0.35%	$100k	-	12 Month SEP IRA
0.15%	$100k	-	6 Month IRA
0.15%	$100k	-	6 Month Roth IRA
0.15%	$100k	-	6 Month CESA
0.15%	$100k	-	6 Month SEP IRA

Rates updated: 5/27/2012 * Not all products updated

Data for Q4 2011

Institution Statistics

SMW
NCUA #	24363
BankRate Report	View
Year Chartered	1954
Employees	19
Primary Regulator
Assets and Liabilities
Assets	$57.09 million
Loans	$41.62 million
Deposits	$49.57 million
Equity Capital	$7.38 million
Loan Loss Allowance	$338,000
Unbacked Noncurrent Loans	$1.11 million
Real Estate Owned	$198,000
Historic Data - December 2010
Assets	$58.00 million
Equity Capital	$7.33 million
Loan Loss Allowance	$340,000
Unbacked Noncurrent Loans	$767,000
Real Estate Owned	$180,000
Profit Margin - Quarterly
Net Interest Margin	4.91%
Return on Assets	0.08%
Return on Equity	0.62%
Interest Income	$2.57 million
Non-Interest Income	$1.03 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 December 31, 2011 SMW Credit Union had $1.31 million in non-current loans and owned real-estate with $7.72 million in equity and loan loss allowances on hand to cover it. This gives SMW Credit Union a Texas Ratio of 17.00% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for SMW Credit Union held steady from 12.35% as of December 31, 2010 to 17.00% as of December 31, 2011, resulting in a negative change of 37.73%. This indicates that the balance sheet and financial strength for SMW Credit Union has held steady in recent periods.
Deposit Growth
In the past year, SMW Credit Union has decreased its total deposits by $-974,000, resulting in -1.93% 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 SMW 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. SMW Credit Union has $57.09 million in assets with $7.72 million in equity, resulting in a capitalization level of 13.51%, which is excellent.

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