U S #1364 Credit Union

U S #1364 Credit Union is headquartered in MERRILLVILLE and is the 39^th largest credit union in the state of Indiana. It is also the 1,638^th largest credit union in the nation. It was established in 1936 and as of December of 2011, it had grown to 13 employees and 8,421 members. U S #1364 Credit Union has a 3-star health rating.

U S #1364 Credit Union Savings Account Rates

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U S #1364 Credit Union IRA Rates

Data for Q4 2011

Institution Statistics U S #1364 NCUA # 1364 BankRate Report View Year Chartered 1936 Employees 13 Primary Regulator Assets and Liabilities Assets $81.00 million Loans $51.62 million Deposits $74.44 million Equity Capital $5.99 million Loan Loss Allowance $491,000 Unbacked Noncurrent Loans $1.17 million Historic Data - December 2010 Assets $78.97 million Equity Capital $5.57 million Loan Loss Allowance $487,000 Unbacked Noncurrent Loans $689,000 Profit Margin - Quarterly Net Interest Margin 4.32% Return on Assets 0.56% Return on Equity 7.58% Interest Income $2.97 million Non-Interest Income $1.08 million

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 U S #1364 Credit Union had $1.17 million in non-current loans and owned real-estate with $6.48 million in equity and loan loss allowances on hand to cover it. This gives U S #1364 Credit Union a Texas Ratio of 18.02% 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 U S #1364 Credit Union increased slightly from 11.37% as of December 31, 2010 to 18.02% as of December 31, 2011, resulting in a negative change of 58.51%. This indicates that the balance sheet and financial strength for U S #1364 Credit Union has declined slightly in recent periods. Deposit Growth In the past year, U S #1364 Credit Union has increased its total deposits by $1.34 million, resulting in 1.83% 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 U S #1364 Credit Union has shown is above 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. U S #1364 Credit Union has $81 million in assets with $6.48 million in equity, resulting in a capitalization level of 8.00%, which is average.

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