Spire Credit Union

Spire Credit Union is headquartered in FALCON HEIGHTS and is the 7^th largest credit union in the state of Minnesota. It is also the 369^th largest credit union in the nation. It was established in 1934 and as of December of 2011, it had grown to 122 employees and 62,065 members. Spire Credit Union has a 4-star health rating.

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Data for Q4 2011

Institution Statistics SPIRE NCUA # 24356 BankRate Report View Year Chartered 1934 Employees 122 Primary Regulator Assets and Liabilities Assets $536.74 million Loans $400.83 million Deposits $494.04 million Equity Capital $40.77 million Loan Loss Allowance $7.77 million Unbacked Noncurrent Loans $4.37 million Real Estate Owned $1.43 million Historic Data - December 2010 Assets $522.98 million Equity Capital $38.06 million Loan Loss Allowance $9.42 million Unbacked Noncurrent Loans $7.31 million Real Estate Owned $3.50 million Profit Margin - Quarterly Net Interest Margin 4.17% Return on Assets 0.45% Return on Equity 5.9% Interest Income $21.91 million Non-Interest Income $7.54 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 Spire Credit Union had $5.8 million in non-current loans and owned real-estate with $48.55 million in equity and loan loss allowances on hand to cover it. This gives Spire Credit Union a Texas Ratio of 11.94% 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 Spire Credit Union decreased significantly from 22.79% as of December 31, 2010 to 11.94% as of December 31, 2011, resulting in a positive change of 47.58%.This indicates that the balance sheet and financial strength for Spire Credit Union has improved significantly in recent periods. Deposit Growth In the past year, Spire Credit Union has increased its total deposits by $10.7 million, resulting in 2.21% 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 Spire Credit Union has shown is above 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. Spire Credit Union has $536.74 million in assets with $48.55 million in equity, resulting in a capitalization level of 9.04%, which is average.

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