Two Harbors Credit Union

Two Harbors Credit Union is headquartered in Two Harbors and is the 48^th largest credit union in the state of Minnesota. It is also the 2,036^th largest credit union in the nation. It was established in 1948 and as of December of 2011, it had grown to 13 employees and 5,272 members. Two Harbors Credit Union's savings rates are 2X the national average, and it boasts a 5-star health rating.

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Two Harbors Credit Union Savings Account Rates

Two Harbors Credit Union Money Market Rates

Two Harbors Credit Union CD Rates

Data for Q4 2011

Institution Statistics TWO HARBORS NCUA # 5721 BankRate Report View Year Chartered 1948 Employees 13 Primary Regulator Assets and Liabilities Assets $58.52 million Loans $40.00 million Deposits $48.91 million Equity Capital $9.34 million Loan Loss Allowance $222,000 Unbacked Noncurrent Loans $751,000 Historic Data - December 2010 Assets $57.65 million Equity Capital $8.81 million Loan Loss Allowance $130,000 Unbacked Noncurrent Loans $464,000 Profit Margin - Quarterly Net Interest Margin 4.8% Return on Assets 0.91% Return on Equity 5.67% Interest Income $2.70 million Non-Interest Income $449,000

Institution Health Overall Score: 5 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 Two Harbors Credit Union had $751,000 in non-current loans and owned real-estate with $9.56 million in equity and loan loss allowances on hand to cover it. This gives Two Harbors Credit Union a Texas Ratio of 7.85% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Two Harbors Credit Union held steady from 5.19% as of December 31, 2010 to 7.85% as of December 31, 2011, resulting in a negative change of 51.33%. This indicates that the balance sheet and financial strength for Two Harbors Credit Union has held steady in recent periods. Deposit Growth In the past year, Two Harbors Credit Union has increased its total deposits by $327,000, resulting in 0.67% 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 Two Harbors Credit Union has shown is 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. Two Harbors Credit Union has $58.52 million in assets with $9.56 million in equity, resulting in a capitalization level of 16.34%, which is excellent.

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