State Employees Cu Of Maryland, Inc

State Employees Cu Of Maryland, Inc is headquartered in Linthicum and is the 2^nd largest credit union in the state of Maryland. It is also the 51^st largest credit union in the nation. It was established in 1951 and as of December of 2011, it had grown to 441 employees and 220,551 members. State Employees Cu Of Maryland, Inc's money market rates are 36% higher than the national average, and it boasts a 5-star health rating.

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Data for Q4 2011

Institution Statistics STATE EMPLOYEES CU OF MARYLAND, INC NCUA # 66330 BankRate Report View Year Chartered 1951 Employees 441 Primary Regulator Assets and Liabilities Assets $2.26 billion Loans $1.63 billion Deposits $2.02 billion Equity Capital $221.57 million Loan Loss Allowance $24.36 million Unbacked Noncurrent Loans $23.40 million Real Estate Owned $538,000 Historic Data - December 2010 Assets $2.09 billion Equity Capital $201.28 million Loan Loss Allowance $26.42 million Unbacked Noncurrent Loans $33.55 million Real Estate Owned $515,000 Profit Margin - Quarterly Net Interest Margin 5.13% Return on Assets 0.64% Return on Equity 6.55% Interest Income $93.74 million Non-Interest Income $31.24 million

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 State Employees Cu Of Maryland, Inc had $23.94 million in non-current loans and owned real-estate with $245.93 million in equity and loan loss allowances on hand to cover it. This gives State Employees Cu Of Maryland, Inc a Texas Ratio of 9.74% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for State Employees Cu Of Maryland, Inc decreased slightly from 14.96% as of December 31, 2010 to 9.74% as of December 31, 2011, resulting in a positive change of 34.94%.This indicates that the balance sheet and financial strength for State Employees Cu Of Maryland, Inc has improved slightly in recent periods. Deposit Growth In the past year, State Employees Cu Of Maryland, Inc has increased its total deposits by $139.84 million, resulting in 7.45% 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 State Employees Cu Of Maryland, Inc 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. State Employees Cu Of Maryland, Inc has $2.26 billion in assets with $245.93 million in equity, resulting in a capitalization level of 10.90%, which is above average.