Teamsters Local #238 Credit Union

Teamsters Local #238 Credit Union is headquartered in Cedar Rapids and is the 76^th largest credit union in the state of Iowa. It is also the 5,042^nd largest credit union in the nation. It was established in 1955 and as of December of 2011, it had grown to 2 employees and 2,452 members. Teamsters Local #238 Credit Union has a 3-star health rating.

Data for Q4 2011

Institution Statistics TEAMSTERS LOCAL #238 NCUA # 65606 BankRate Report View Year Chartered 1955 Employees 2 Primary Regulator Assets and Liabilities Assets $7.43 million Loans $5.49 million Deposits $6.33 million Equity Capital $1.08 million Loan Loss Allowance $51,000 Unbacked Noncurrent Loans $195,000 Historic Data - December 2010 Assets $8.29 million Equity Capital $1.07 million Loan Loss Allowance $53,000 Unbacked Noncurrent Loans $231,000 Profit Margin - Quarterly Net Interest Margin 4.62% Return on Assets 0.18% Return on Equity 1.2% Interest Income $333,000 Non-Interest Income $130,000

Institution Health Overall Score: 3 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 Teamsters Local #238 Credit Union had $195,000 in non-current loans and owned real-estate with $1.13 million in equity and loan loss allowances on hand to cover it. This gives Teamsters Local #238 Credit Union a Texas Ratio of 17.21% 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 Teamsters Local #238 Credit Union decreased slightly from 20.61% as of December 31, 2010 to 17.21% as of December 31, 2011, resulting in a positive change of 16.48%.This indicates that the balance sheet and financial strength for Teamsters Local #238 Credit Union has improved slightly in recent periods. Deposit Growth In the past year, Teamsters Local #238 Credit Union has decreased its total deposits by $-880,000, resulting in -12.21% 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 Teamsters Local #238 Credit Union has shown is poor. 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. Teamsters Local #238 Credit Union has $7.43 million in assets with $1.13 million in equity, resulting in a capitalization level of 15.26%, which is excellent.

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