Tewksbury Credit Union

Tewksbury Credit Union is headquartered in Tewksbury and is the 72^nd largest credit union in the state of Massachusetts. It is also the 2,310^st largest credit union in the nation. It was established in 1960 and as of December of 2011, it had grown to 11 employees and 3,888 members. Tewksbury Credit Union's CD rates are 11% higher than the national average, and it has a 3-star health rating.

Tewksbury Credit Union Checking Account Rates

Tewksbury Credit Union Savings Account Rates

Tewksbury Credit Union CD Rates

Data for Q4 2011

Institution Statistics TEWKSBURY NCUA # 13926 BankRate Report View Year Chartered 1960 Employees 11 Primary Regulator Assets and Liabilities Assets $47.21 million Loans $30.95 million Deposits $41.85 million Equity Capital $5.18 million Loan Loss Allowance $730,000 Unbacked Noncurrent Loans $557,000 Real Estate Owned $344,000 Historic Data - December 2010 Assets $49.46 million Equity Capital $4.70 million Loan Loss Allowance $935,000 Unbacked Noncurrent Loans $1.21 million Profit Margin - Quarterly Net Interest Margin 5.71% Return on Assets 1.03% Return on Equity 9.34% Interest Income $2.20 million Non-Interest Income $332,000

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 Tewksbury Credit Union had $901,000 in non-current loans and owned real-estate with $5.91 million in equity and loan loss allowances on hand to cover it. This gives Tewksbury Credit Union a Texas Ratio of 15.25% 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 Tewksbury Credit Union decreased slightly from 21.40% as of December 31, 2010 to 15.25% as of December 31, 2011, resulting in a positive change of 28.76%.This indicates that the balance sheet and financial strength for Tewksbury Credit Union has improved slightly in recent periods. Deposit Growth In the past year, Tewksbury Credit Union has decreased its total deposits by -$2.77 million, resulting in -6.22% 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 Tewksbury 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. Tewksbury Credit Union has $47.21 million in assets with $5.91 million in equity, resulting in a capitalization level of 12.52%, which is excellent.

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