Spojnia Credit Union

Spojnia Credit Union is headquartered in Scranton and is the 198^th largest credit union in the state of Pennsylvania. It is also the 3,652^nd largest credit union in the nation. It was established in 1974 and as of December of 2011, it had grown to 3 employees and 1,117 members. Spojnia Credit Union has a 5-star health rating.

Spojnia Credit Union Routing Number: 231385992

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Data for Q4 2011

Institution Statistics SPOJNIA NCUA # 62998 BankRate Report View Year Chartered 1974 Employees 3 Primary Regulator Assets and Liabilities Assets $18.87 million Loans $4.06 million Deposits $16.13 million Equity Capital $2.74 million Loan Loss Allowance $22,000 Unbacked Noncurrent Loans $29,000 Historic Data - December 2010 Assets $19.39 million Equity Capital $2.80 million Loan Loss Allowance $4,000 Profit Margin - Quarterly Net Interest Margin 2.45% Return on Assets -0.29% Return on Equity -2.01% Interest Income $512,000 Non-Interest Income $3,000

Institution Health Overall Score: 5 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 Spojnia Credit Union had $29,000 in non-current loans and owned real-estate with $2.76 million in equity and loan loss allowances on hand to cover it. This gives Spojnia Credit Union a Texas Ratio of 1.05% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Deposit Growth In the past year, Spojnia Credit Union has decreased its total deposits by $-462,000, resulting in -2.78% 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 Spojnia 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. Spojnia Credit Union has $18.87 million in assets with $2.76 million in equity, resulting in a capitalization level of 14.63%, which is excellent.

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