St. Jean's Credit Union

St. Jean's Credit Union is headquartered in lynn and is the 43^rd largest credit union in the state of Massachusetts. It is also the 1,143^rd largest credit union in the nation. It was established in 1910 and as of March of 2013, it had grown to 33 employees and 15,136 members. St. Jean's Credit Union has a 5-star health rating.

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Data for Q1 2013

Institution Statistics ST. JEAN'S NCUA # 67959 BankRate Report View Year Chartered 1910 Employees 33 Primary Regulator Assets and Liabilities Assets $148.29 million Loans $85.35 million Deposits $132.90 million Equity Capital $14.42 million Loan Loss Allowance $697,000 Unbacked Noncurrent Loans $401,000 Real Estate Owned $691,000 Historic Data - March 2012 Assets $146.13 million Equity Capital $13.88 million Loan Loss Allowance $778,000 Unbacked Noncurrent Loans $2.04 million Real Estate Owned $140,000 Profit Margin - Quarterly Net Interest Margin 1.14% Return on Assets 0.35% Return on Equity 3.63% Interest Income $1.15 million Non-Interest Income $490,000

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 March 31, 2013 St. Jean's Credit Union had $1.09 million in non-current loans and owned real-estate with $15.12 million in equity and loan loss allowances on hand to cover it. This gives St. Jean's Credit Union a Texas Ratio of 7.22% 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 St. Jean's Credit Union decreased significantly from 14.86% as of March 31, 2012 to 7.22% as of March 31, 2013, resulting in a positive change of 51.40%.This indicates that the balance sheet and financial strength for St. Jean's Credit Union has improved significantly in recent periods. Deposit Growth In the past year, St. Jean's Credit Union has increased its total deposits by $1.42 million, resulting in 1.08% 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 St. Jean's 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. St. Jean's Credit Union has $148.29 million in assets with $15.12 million in equity, resulting in a capitalization level of 10.19%, which is above average.