Ukrainian Selfreliance Michigan Credit Union

Ukrainian Selfreliance Michigan Credit Union is headquartered in WARREN and is the 73^rd largest credit union in the state of Michigan. It is also the 1,257^th largest credit union in the nation. It was established in 1952 and as of December of 2011, it had grown to 17 employees and 4,847 members. Ukrainian Selfreliance Michigan Credit Union has a 2-star health rating.

Data for Q4 2011

Institution Statistics UKRAINIAN SELFRELIANCE MICHIGAN NCUA # 8000 BankRate Report View Year Chartered 1952 Employees 17 Primary Regulator Assets and Liabilities Assets $119.31 million Loans $51.64 million Deposits $108.43 million Equity Capital $9.44 million Loan Loss Allowance $3.46 million Unbacked Noncurrent Loans $5.75 million Real Estate Owned $585,000 Historic Data - December 2010 Assets $124.48 million Equity Capital $9.50 million Loan Loss Allowance $3.34 million Unbacked Noncurrent Loans $3.17 million Real Estate Owned $1.73 million Profit Margin - Quarterly Net Interest Margin 4.81% Return on Assets 0.01% Return on Equity 0.1% Interest Income $3.63 million Non-Interest Income ($113,000)

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 Ukrainian Selfreliance Michigan Credit Union had $6.34 million in non-current loans and owned real-estate with $12.9 million in equity and loan loss allowances on hand to cover it. This gives Ukrainian Selfreliance Michigan Credit Union a Texas Ratio of 49.15% 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 Ukrainian Selfreliance Michigan Credit Union increased slightly from 38.22% as of December 31, 2010 to 49.15% as of December 31, 2011, resulting in a negative change of 28.60%. This indicates that the balance sheet and financial strength for Ukrainian Selfreliance Michigan Credit Union has declined slightly in recent periods. Deposit Growth In the past year, Ukrainian Selfreliance Michigan Credit Union has decreased its total deposits by -$5.46 million, resulting in -4.8% 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 Ukrainian Selfreliance Michigan Credit Union has shown is below 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. Ukrainian Selfreliance Michigan Credit Union has $119.3 million in assets with $12.9 million in equity, resulting in a capitalization level of 10.81%, which is above average.

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