Tct Credit Union

Tct Credit Union is headquartered in Ballston Spa and is the 60^th largest credit union in the state of New York. It is also the 1,205^th largest credit union in the nation. It was established in 1959 and as of December of 2011, it had grown to 42 employees and 11,441 members. Tct Credit Union's money market rates are 2X the national average, and it has a 4-star health rating.

Tct Credit Union Savings Account Rates

Tct Credit Union Money Market Rates

Tct Credit Union CD Rates

Tct Credit Union IRA Rates

Data for Q4 2011

Institution Statistics TCT NCUA # 12957 BankRate Report View Year Chartered 1959 Employees 42 Primary Regulator Assets and Liabilities Assets $127.44 million Loans $83.91 million Deposits $117.04 million Equity Capital $9.91 million Loan Loss Allowance $520,000 Unbacked Noncurrent Loans $1.50 million Real Estate Owned $79,000 Historic Data - December 2010 Assets $117.21 million Equity Capital $8.83 million Loan Loss Allowance $434,000 Unbacked Noncurrent Loans $985,000 Profit Margin - Quarterly Net Interest Margin 5.09% Return on Assets 0.67% Return on Equity 8.64% Interest Income $5.80 million Non-Interest Income $708,000

Institution Health Overall Score: 4 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 Tct Credit Union had $1.58 million in non-current loans and owned real-estate with $10.43 million in equity and loan loss allowances on hand to cover it. This gives Tct Credit Union a Texas Ratio of 15.12% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Tct Credit Union held steady from 10.63% as of December 31, 2010 to 15.12% as of December 31, 2011, resulting in a negative change of 42.21%. This indicates that the balance sheet and financial strength for Tct Credit Union has held steady in recent periods. Deposit Growth In the past year, Tct Credit Union has increased its total deposits by $9.05 million, resulting in 8.38% 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 Tct Credit Union 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. Tct Credit Union has $127.44 million in assets with $10.43 million in equity, resulting in a capitalization level of 8.19%, which is average.

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