St. Ludmila S Credit Union

St. Ludmila S Credit Union is headquartered in Cedar Rapids and is the 117^st largest credit union in the state of Iowa. It is also the 6,700^th largest credit union in the nation. It was established in 1962 and as of March of 2013, it had grown to employees and 190 members. St. Ludmila S Credit Union has a 5-star health rating.

Data for Q1 2013

Institution Statistics ST. LUDMILA S NCUA # 65062 BankRate Report View Year Chartered 1962 Employees 0 Primary Regulator Assets and Liabilities Assets $384,000 Loans $212,000 Deposits $276,000 Equity Capital $107,000 Loan Loss Allowance $7,000 Unbacked Noncurrent Loans $3,000 Historic Data - March 2012 Assets $379,000 Equity Capital $108,000 Loan Loss Allowance $7,000 Unbacked Noncurrent Loans $27,000 Profit Margin - Quarterly Net Interest Margin 1.42% Return on Assets 0% Return on Equity 0% 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 March 31, 2013 St. Ludmila S Credit Union had $3,000 in non-current loans and owned real-estate with $114,000 in equity and loan loss allowances on hand to cover it. This gives St. Ludmila S Credit Union a Texas Ratio of 2.63% 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. Ludmila S Credit Union decreased significantly from 23.48% as of March 31, 2012 to 2.63% as of March 31, 2013, resulting in a positive change of 88.79%.This indicates that the balance sheet and financial strength for St. Ludmila S Credit Union has improved significantly in recent periods. Deposit Growth In the past year, St. Ludmila S Credit Union has increased its total deposits by $6,000, resulting in 2.22% 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. Ludmila 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. Ludmila S Credit Union has $384,000 in assets with $114,000 in equity, resulting in a capitalization level of 29.69%, which is excellent.

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