Springfield Street Railway Emp. Credit Union

Springfield Street Railway Emp. Credit Union is headquartered in springfield and is the 197^th largest credit union in the state of Massachusetts. It is also the 6,510^st largest credit union in the nation. It was established in 1926 and as of December of 2011, it had grown to 1 employees and 272 members. Springfield Street Railway Emp. Credit Union has a 5-star health rating.

Data for Q4 2011

Institution Statistics SPRINGFIELD STREET RAILWAY EMP. NCUA # 67965 BankRate Report View Year Chartered 1926 Employees 1 Primary Regulator Assets and Liabilities Assets $1.50 million Loans $682,000 Deposits $1.18 million Equity Capital $311,000 Loan Loss Allowance $21,000 Unbacked Noncurrent Loans $3,000 Historic Data - December 2010 Assets $1.57 million Equity Capital $321,000 Loan Loss Allowance $20,000 Unbacked Noncurrent Loans $37,000 Profit Margin - Quarterly Net Interest Margin 11.61% Return on Assets -0.6% Return on Equity -2.89% Interest Income $96,000

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 Springfield Street Railway Emp. Credit Union had $3,000 in non-current loans and owned real-estate with $332,000 in equity and loan loss allowances on hand to cover it. This gives Springfield Street Railway Emp. Credit Union a Texas Ratio of 0.90% 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 Springfield Street Railway Emp. Credit Union decreased significantly from 10.85% as of December 31, 2010 to 0.90% as of December 31, 2011, resulting in a positive change of 91.67%.This indicates that the balance sheet and financial strength for Springfield Street Railway Emp. Credit Union has improved significantly in recent periods. Deposit Growth In the past year, Springfield Street Railway Emp. Credit Union has decreased its total deposits by $-64,000, resulting in -5.13% 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 Springfield Street Railway Emp. 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. Springfield Street Railway Emp. Credit Union has $1.5 million in assets with $332,000 in equity, resulting in a capitalization level of 22.13%, which is excellent.

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