Spring Mill Employees Credit Union

Spring Mill Employees Credit Union is headquartered in Roaring Spring and is the 142^nd largest credit union in the state of Pennsylvania. It is also the 2,808^th largest credit union in the nation. It was established in 1954 and as of December of 2011, it had grown to 7 employees and 4,140 members. Spring Mill Employees Credit Union's savings rates are 3X the national average, and it boasts a 5-star health rating.

Spring Mill Employees Credit Union Savings Account Rates

Spring Mill Employees Credit Union CD Rates

Data for Q4 2011

Institution Statistics SPRING MILL EMPLOYEES NCUA # 9681 BankRate Report View Year Chartered 1954 Employees 7 Primary Regulator Assets and Liabilities Assets $32.57 million Loans $10.55 million Deposits $29.36 million Equity Capital $3.11 million Loan Loss Allowance $32,000 Unbacked Noncurrent Loans $66,000 Historic Data - December 2010 Assets $29.99 million Equity Capital $2.99 million Loan Loss Allowance $61,000 Unbacked Noncurrent Loans $145,000 Real Estate Owned $50,000 Profit Margin - Quarterly Net Interest Margin 5.4% Return on Assets 0.36% Return on Equity 3.8% Interest Income $987,000 Non-Interest Income $175,000

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 Spring Mill Employees Credit Union had $66,000 in non-current loans and owned real-estate with $3.14 million in equity and loan loss allowances on hand to cover it. This gives Spring Mill Employees Credit Union a Texas Ratio of 2.10% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Spring Mill Employees Credit Union decreased significantly from 6.40% as of December 31, 2010 to 2.10% as of December 31, 2011, resulting in a positive change of 67.12%.This indicates that the balance sheet and financial strength for Spring Mill Employees Credit Union has improved significantly in recent periods. Deposit Growth In the past year, Spring Mill Employees Credit Union has increased its total deposits by $2.43 million, resulting in 9.02% 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 Spring Mill Employees 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. Spring Mill Employees Credit Union has $32.57 million in assets with $3.14 million in equity, resulting in a capitalization level of 9.63%, which is average.

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