United Business & Industry Credit Union

United Business & Industry Credit Union Locations

120 Woodford Avenue
Plainville, CT 06062
860 747-4152
www.ubifcu.com

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United Business & Industry Credit Union is headquartered in Plainville and is the 18^st largest credit union in the state of Connecticut. It is also the 1,682^nd largest credit union in the nation. It was established in 1951 and as of December of 2011, it had grown to 20 employees and 10,783 members. United Business & Industry Credit Union's savings rates are 3X the national average, and it boasts a 5-star health rating.

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See Rates for: Savings | Money Market | CD | IRA

United Business & Industry Credit Union Savings Account Rates

Apy	Min	Max	Product
2.02%	$15k	-	Health Saving Account
0.50%	$100	-	IRA Holding Share Account
0.35%	$100	-	Christmas Club Account
0.35%	$100	-	Vacation Club Account
0.20%	$100	-	Youth Share Saving Account
0.15%	$100	-	Master Share Saving Account
0.15%	$100	-	Secondary Share Account

United Business & Industry Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.71%	$250k	-	Super Saver Money Market Account

United Business & Industry Credit Union CD Rates

Apy	Min	Max	Product
1.71%	$50k	-	60 Month Jumbo CD
1.66%	$1k	-	60 Month CD
1.56%	$50k	-	48 Month Jumbo CD
1.51%	$1k	-	48 Month CD
1.31%	$50k	-	36 Month Jumbo New Money Only CD
1.26%	$50k	-	36 Months Jumbo Special
1.26%	$5k	-	36 New Money Only CD
1.21%	$1k	-	36 Month CD Special
0.90%	$50k	-	30 Months Jumbo CD
0.85%	$1k	-	30 Month CD
0.85%	$50k	-	24 Months Jumbo CD
0.80%	$1k	-	24 Month CD
0.70%	$50k	-	18 Month Jumbo CD
0.65%	$1k	-	18 Month CD
0.60%	$50k	-	12 Month Jumbo New Money Only CD
0.55%	$50k	-	12 Month Jumbo CD
0.55%	$5k	-	12 Month New Money Only CD
0.50%	$1k	-	12 Month CD
0.40%	$50k	-	6 Month JUMBO CD
0.35%	$1k	-	6 Month CD
0.35%	$50k	-	3 Month Jumbo CD
0.30%	$1k	-	3 Month CD

United Business & Industry Credit Union IRA Rates

Apy	Min	Max	Product
1.81%	$50k	-	60 Month Jumbo IRA
1.76%	$1k	-	60 Month IRA
1.66%	$50k	-	48 Month Jumbo IRA
1.61%	$1k	-	48 Month IRA Special
1.41%	$50k	-	36 Months Jumbo New Money Only IRA
1.36%	$50k	-	36 Months Jumbo Special IRA
1.36%	$5k	-	36 Month New Money Only IRA
1.31%	$1k	-	36 Month IRA Special
0.95%	$50k	-	24 Months Jumbo IRA
0.90%	$1k	-	24 Month IRA
0.80%	$50k	-	18 Months Jumbo IRA
0.75%	$1k	-	18 Month IRA
0.65%	$50k	-	12 Month Jumbo IRA
0.60%	$1k	-	12 Month IRA
0.50%	$100	-	Traditional IRA
0.50%	$100	-	Roth IRA
0.50%	$100	-	Education IRA
0.50%	$100	-	Conduit IRA

Rates updated: 5/27/2012

Data for Q4 2011

Institution Statistics

UNITED BUSINESS & INDUSTRY
NCUA #	7244
BankRate Report	View
Year Chartered	1951
Employees	20
Primary Regulator
Assets and Liabilities
Assets	$78.24 million
Loans	$52.98 million
Deposits	$71.18 million
Equity Capital	$6.25 million
Loan Loss Allowance	$480,000
Unbacked Noncurrent Loans	$231,000
Historic Data - December 2010
Assets	$72.97 million
Equity Capital	$5.85 million
Loan Loss Allowance	$413,000
Unbacked Noncurrent Loans	$206,000
Profit Margin - Quarterly
Net Interest Margin	5.04%
Return on Assets	0.45%
Return on Equity	5.61%
Interest Income	$3.40 million
Non-Interest Income	$871,000

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 United Business & Industry Credit Union had $231,000 in non-current loans and owned real-estate with $6.73 million in equity and loan loss allowances on hand to cover it. This gives United Business & Industry Credit Union a Texas Ratio of 3.43% 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 United Business & Industry Credit Union held steady from 3.29% as of December 31, 2010 to 3.43% as of December 31, 2011, resulting in a negative change of 4.22%. This indicates that the balance sheet and financial strength for United Business & Industry Credit Union has held steady in recent periods.
Deposit Growth
In the past year, United Business & Industry Credit Union has increased its total deposits by $4.71 million, resulting in 7.09% 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 United Business & Industry 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. United Business & Industry Credit Union has $78.24 million in assets with $6.73 million in equity, resulting in a capitalization level of 8.61%, which is average.

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