Sno Falls Credit Union

Sno Falls Credit Union is headquartered in Snoqualmie and is the 54^th largest credit union in the state of Washington. It is also the 2,233^rd largest credit union in the nation. It was established in 1957 and as of December of 2011, it had grown to 19 employees and 8,511 members. Sno Falls Credit Union's savings rates are 48% higher than the national average, and it has a 4-star health rating.

Sno Falls Credit Union Savings Account Rates

Sno Falls Credit Union CD Rates

Data for Q4 2011

Institution Statistics SNO FALLS NCUA # 68293 BankRate Report View Year Chartered 1957 Employees 19 Primary Regulator Assets and Liabilities Assets $50.31 million Loans $36.64 million Deposits $45.44 million Equity Capital $3.85 million Loan Loss Allowance $579,000 Unbacked Noncurrent Loans $1.11 million Historic Data - December 2010 Assets $47.31 million Equity Capital $3.23 million Loan Loss Allowance $1.01 million Unbacked Noncurrent Loans $1.83 million Profit Margin - Quarterly Net Interest Margin 5.62% Return on Assets 1.21% Return on Equity 15.86% Interest Income $2.21 million Non-Interest Income $1.02 million

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 Sno Falls Credit Union had $1.11 million in non-current loans and owned real-estate with $4.42 million in equity and loan loss allowances on hand to cover it. This gives Sno Falls Credit Union a Texas Ratio of 25.05% 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 Sno Falls Credit Union decreased significantly from 43.17% as of December 31, 2010 to 25.05% as of December 31, 2011, resulting in a positive change of 41.98%.This indicates that the balance sheet and financial strength for Sno Falls Credit Union has improved significantly in recent periods. Deposit Growth In the past year, Sno Falls Credit Union has increased its total deposits by $2.22 million, resulting in 5.15% 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 Sno Falls Credit Union has shown is excellent. 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. Sno Falls Credit Union has $50.31 million in assets with $4.42 million in equity, resulting in a capitalization level of 8.79%, which is average.

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