Telcom Credit Union

Telcom Credit Union is headquartered in Novi and is the 20^th largest credit union in the state of Michigan. It is also the 452^nd largest credit union in the nation. It was established in 1936 and as of December of 2011, it had grown to 105 employees and 32,976 members. Telcom Credit Union has a 4-star health rating.

Telcom Credit Union Routing Number: 272479388

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Data for Q4 2011

Institution Statistics TELCOM NCUA # 62236 BankRate Report View Year Chartered 1936 Employees 105 Primary Regulator Assets and Liabilities Assets $433.94 million Loans $249.76 million Deposits $365.84 million Equity Capital $60.24 million Loan Loss Allowance $5.21 million Unbacked Noncurrent Loans $5.61 million Real Estate Owned $2.58 million Historic Data - December 2010 Assets $457.65 million Equity Capital $63.50 million Loan Loss Allowance $3.31 million Unbacked Noncurrent Loans $6.33 million Real Estate Owned $4.29 million Profit Margin - Quarterly Net Interest Margin 5.88% Return on Assets -0.8% Return on Equity -5.78% Interest Income $17.45 million Non-Interest Income $2.99 million

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 Telcom Credit Union had $8.19 million in non-current loans and owned real-estate with $65.45 million in equity and loan loss allowances on hand to cover it. This gives Telcom Credit Union a Texas Ratio of 12.51% 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 Telcom Credit Union decreased slightly from 15.89% as of December 31, 2010 to 12.51% as of December 31, 2011, resulting in a positive change of 21.26%.This indicates that the balance sheet and financial strength for Telcom Credit Union has improved slightly in recent periods. Deposit Growth In the past year, Telcom Credit Union has decreased its total deposits by -$19.17 million, resulting in -4.98% 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 Telcom Credit Union has shown is below 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. Telcom Credit Union has $433.94 million in assets with $65.45 million in equity, resulting in a capitalization level of 15.08%, which is excellent.

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