Town Of Hempstead Employees Credit Union

Town Of Hempstead Employees Credit Union is headquartered in Baldwin and is the 65^th largest credit union in the state of New York. It is also the 1,355^th largest credit union in the nation. It was established in 1963 and as of December of 2011, it had grown to 23 employees and 9,656 members. Town Of Hempstead Employees Credit Union's savings rates are 3X the national average, and it has a 4-star health rating.

Town Of Hempstead Employees Credit Union Checking Account Rates

Town Of Hempstead Employees Credit Union Savings Account Rates

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Town Of Hempstead Employees Credit Union CD Rates

Data for Q4 2011

Institution Statistics TOWN OF HEMPSTEAD EMPLOYEES NCUA # 15539 BankRate Report View Year Chartered 1963 Employees 23 Primary Regulator Assets and Liabilities Assets $108.25 million Loans $52.28 million Deposits $100.55 million Equity Capital $7.12 million Loan Loss Allowance $423,000 Unbacked Noncurrent Loans $1.05 million Historic Data - December 2010 Assets $101.17 million Equity Capital $6.68 million Loan Loss Allowance $367,000 Unbacked Noncurrent Loans $718,000 Profit Margin - Quarterly Net Interest Margin 5.45% Return on Assets 0.1% Return on Equity 1.49% Interest Income $4.37 million Non-Interest Income $557,000

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 Town Of Hempstead Employees Credit Union had $1.05 million in non-current loans and owned real-estate with $7.54 million in equity and loan loss allowances on hand to cover it. This gives Town Of Hempstead Employees Credit Union a Texas Ratio of 13.93% 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 Town Of Hempstead Employees Credit Union held steady from 10.19% as of December 31, 2010 to 13.93% as of December 31, 2011, resulting in a negative change of 36.64%. This indicates that the balance sheet and financial strength for Town Of Hempstead Employees Credit Union has held steady in recent periods. Deposit Growth In the past year, Town Of Hempstead Employees Credit Union has increased its total deposits by $6.57 million, resulting in 6.99% 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 Town Of Hempstead Employees 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. Town Of Hempstead Employees Credit Union has $108.25 million in assets with $7.54 million in equity, resulting in a capitalization level of 6.96%, which is below average.

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