Tuscaloosa V A Credit Union

Tuscaloosa V A Credit Union is headquartered in TUSCALOOSA and is the 43^rd largest credit union in the state of Alabama. It is also the 2,360^th largest credit union in the nation. It was established in 1951 and as of December of 2011, it had grown to 16 employees and 5,562 members. Tuscaloosa V A Credit Union's money market rates are 25% higher than the national average, but it has a 2-star health rating.

Tuscaloosa V A Credit Union Savings Account Rates

Tuscaloosa V A Credit Union Money Market Rates

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Tuscaloosa V A Credit Union IRA Rates

Data for Q4 2011

Institution Statistics TUSCALOOSA V A NCUA # 7532 BankRate Report View Year Chartered 1951 Employees 16 Primary Regulator Assets and Liabilities Assets $45.60 million Loans $25.79 million Deposits $41.83 million Equity Capital $3.50 million Loan Loss Allowance $1.50 million Unbacked Noncurrent Loans $2.26 million Real Estate Owned $1.66 million Historic Data - December 2010 Assets $52.17 million Equity Capital $3.95 million Loan Loss Allowance $1.33 million Unbacked Noncurrent Loans $3.11 million Real Estate Owned $795,000 Profit Margin - Quarterly Net Interest Margin 5.86% Return on Assets 0.64% Return on Equity 8.35% Interest Income $1.93 million Non-Interest Income $1.03 million

Institution Health Overall Score: 2 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 Tuscaloosa V A Credit Union had $3.91 million in non-current loans and owned real-estate with $5 million in equity and loan loss allowances on hand to cover it. This gives Tuscaloosa V A Credit Union a Texas Ratio of 78.26% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Tuscaloosa V A Credit Union held steady from 73.95% as of December 31, 2010 to 78.26% as of December 31, 2011, resulting in a negative change of 5.83%. This indicates that the balance sheet and financial strength for Tuscaloosa V A Credit Union has held steady in recent periods. Deposit Growth In the past year, Tuscaloosa V A Credit Union has decreased its total deposits by -$5.85 million, resulting in -12.27% 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 Tuscaloosa V A 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. Tuscaloosa V A Credit Union has $45.6 million in assets with $5 million in equity, resulting in a capitalization level of 10.97%, which is above average.

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