Sperry Associates Credit Union

Sperry Associates Credit Union is headquartered in GARDEN CITY PAR and is the 34^th largest credit union in the state of New York. It is also the 621^st largest credit union in the nation. It was established in 1936 and as of December of 2011, it had grown to 32 employees and 17,343 members. Sperry Associates Credit Union's savings rates are 63% higher than the national average, but it has a 2-star health rating.

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Data for Q4 2011

Institution Statistics SPERRY ASSOCIATES NCUA # 1787 BankRate Report View Year Chartered 1936 Employees 32 Primary Regulator Assets and Liabilities Assets $307.11 million Loans $193.63 million Deposits $289.00 million Equity Capital $17.29 million Loan Loss Allowance $5.58 million Unbacked Noncurrent Loans $13.65 million Real Estate Owned $1.37 million Historic Data - December 2010 Assets $327.66 million Equity Capital $16.76 million Loan Loss Allowance $3.75 million Unbacked Noncurrent Loans $9.81 million Real Estate Owned $1.99 million Profit Margin - Quarterly Net Interest Margin 4.4% Return on Assets -0.26% Return on Equity -4.7% Interest Income $13.74 million Non-Interest Income $1.65 million

Institution Health Overall Score: 2 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 Sperry Associates Credit Union had $15.02 million in non-current loans and owned real-estate with $22.87 million in equity and loan loss allowances on hand to cover it. This gives Sperry Associates Credit Union a Texas Ratio of 65.68% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Sperry Associates Credit Union held steady from 57.53% as of December 31, 2010 to 65.68% as of December 31, 2011, resulting in a negative change of 14.17%. This indicates that the balance sheet and financial strength for Sperry Associates Credit Union has held steady in recent periods. Deposit Growth In the past year, Sperry Associates Credit Union has decreased its total deposits by -$20.78 million, resulting in -6.71% 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 Sperry Associates Credit Union has shown is poor. 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. Sperry Associates Credit Union has $307.11 million in assets with $22.87 million in equity, resulting in a capitalization level of 7.45%, which is below average.

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