Southwest Chicago Chapter Credit Union

Southwest Chicago Chapter Credit Union is headquartered in Chicago and is the 121^st largest credit union in the state of Illinois. It is also the 3,720^th largest credit union in the nation. It was established in 1960 and as of December of 2011, it had grown to 3 employees and 1,685 members. Southwest Chicago Chapter Credit Union's money market rates are 14% higher than the national average, and it has a 4-star health rating.

Southwest Chicago Chapter Credit Union Savings Account Rates

Southwest Chicago Chapter Credit Union Money Market Rates

Data for Q4 2011

Institution Statistics SOUTHWEST CHICAGO CHAPTER NCUA # 62648 BankRate Report View Year Chartered 1960 Employees 3 Primary Regulator Assets and Liabilities Assets $18.02 million Loans $13.97 million Deposits $14.82 million Equity Capital $2.23 million Loan Loss Allowance $26,000 Unbacked Noncurrent Loans $306,000 Historic Data - December 2010 Assets $17.74 million Equity Capital $1.73 million Loan Loss Allowance $23,000 Unbacked Noncurrent Loans $246,000 Profit Margin - Quarterly Net Interest Margin 6.4% Return on Assets 2.77% Return on Equity 22.43% Interest Income $1.04 million Non-Interest Income $223,000

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 Southwest Chicago Chapter Credit Union had $306,000 in non-current loans and owned real-estate with $2.26 million in equity and loan loss allowances on hand to cover it. This gives Southwest Chicago Chapter Credit Union a Texas Ratio of 13.57% 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 Southwest Chicago Chapter Credit Union held steady from 14.04% as of December 31, 2010 to 13.57% as of December 31, 2011, resulting in a positive change of 3.36%.This indicates that the balance sheet and financial strength for Southwest Chicago Chapter Credit Union has held steady in recent periods. Deposit Growth In the past year, Southwest Chicago Chapter Credit Union has decreased its total deposits by $-726,000, resulting in -4.67% 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 Southwest Chicago Chapter 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. Southwest Chicago Chapter Credit Union has $18.02 million in assets with $2.26 million in equity, resulting in a capitalization level of 12.51%, which is excellent.

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