Smw No 9 Credit Union

Smw No 9 Credit Union is headquartered in DENVER and is the 91^st largest credit union in the state of Colorado. It is also the 6,075^th largest credit union in the nation. It was established in 1959 and as of December of 2011, it had grown to 3 employees and 919 members. Smw No 9 Credit Union has a 3-star health rating.

Data for Q4 2011

Institution Statistics SMW NO 9 NCUA # 13286 BankRate Report View Year Chartered 1959 Employees 3 Primary Regulator Assets and Liabilities Assets $2.85 million Loans $1.56 million Deposits $2.57 million Equity Capital $261,000 Loan Loss Allowance $48,000 Unbacked Noncurrent Loans $49,000 Historic Data - December 2010 Assets $3.00 million Equity Capital $343,000 Loan Loss Allowance $33,000 Unbacked Noncurrent Loans $50,000 Profit Margin - Quarterly Net Interest Margin 9% Return on Assets -2.88% Return on Equity -31.42% Interest Income $149,000 Non-Interest Income $26,000

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 No 9 Credit Union had $49,000 in non-current loans and owned real-estate with $309,000 in equity and loan loss allowances on hand to cover it. This gives Smw No 9 Credit Union a Texas Ratio of 15.86% 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 No 9 Credit Union held steady from 13.30% as of December 31, 2010 to 15.86% as of December 31, 2011, resulting in a negative change of 19.25%. This indicates that the balance sheet and financial strength for Smw No 9 Credit Union has held steady in recent periods. Deposit Growth In the past year, Smw No 9 Credit Union has decreased its total deposits by $-69,000, resulting in -2.61% 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 No 9 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 No 9 Credit Union has $2.85 million in assets with $309,000 in equity, resulting in a capitalization level of 10.85%, which is above average.

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