Tanner Employees Credit Union

Tanner Employees Credit Union is headquartered in SALT LAKE CITY and is the 56^th largest credit union in the state of Utah. It is also the 5,299^th largest credit union in the nation. It was established in 1957 and as of December of 2011, it had grown to 3 employees and 1,365 members. Tanner Employees Credit Union has a 5-star health rating.

Tanner Employees Credit Union Routing Number: 324079348

Tanner Employees Credit Union Checking Account Rates

Tanner Employees Credit Union Savings Account Rates

Tanner Employees Credit Union CD Rates

Data for Q4 2011

Institution Statistics TANNER EMPLOYEES NCUA # 67165 BankRate Report View Year Chartered 1957 Employees 3 Primary Regulator Assets and Liabilities Assets $6.09 million Loans $3.50 million Deposits $5.42 million Equity Capital $648,000 Loan Loss Allowance $55,000 Unbacked Noncurrent Loans $11,000 Historic Data - December 2010 Assets $6.08 million Equity Capital $651,000 Loan Loss Allowance $50,000 Profit Margin - Quarterly Net Interest Margin 6.8% Return on Assets -0.03% Return on Equity -0.31% Interest Income $249,000 Non-Interest Income $38,000

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 Tanner Employees Credit Union had $11,000 in non-current loans and owned real-estate with $703,000 in equity and loan loss allowances on hand to cover it. This gives Tanner Employees Credit Union a Texas Ratio of 1.56% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Deposit Growth In the past year, Tanner Employees Credit Union has increased its total deposits by $7,000, resulting in 0.13% 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 Tanner Employees Credit Union has shown is 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. Tanner Employees Credit Union has $6.09 million in assets with $703,000 in equity, resulting in a capitalization level of 11.54%, which is above average.

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