United Community Credit Union

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Overview / Commentary

myuccu.com

217-224-1093

P.O. Box 1207
Quincy, IL 62306

United Community Credit Union is headquartered in Quincy and is the 60^th largest credit union in the state of Illinois. It is also the 1,948^th largest credit union in the nation. It was established in 1941 and as of December of 2013, it had grown to 25 employees and 7,714 members. United Community Credit Union's savings rates are 15% higher than the national average, and it has a B health rating.

Field of Membership Restrictions

Individuals living or working in the counties of Adams, Brown, Hancock, Pike, and Schuyler in Illinois and individuals living or working in Lewis, Marion, & Ralls counties in Missouri are eligible to join our credit union. Any employee who works at one of our select employee groups is also able to belong. Our eligible employee groups are listed under Membership Information. - See Details

2009

6/29 - 4.07% 60-Month CD and Other High CD Rates at United Community Credit Union in IL & MO - Local Only

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Health

Data for Q4 2013

Institution Health

Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. United Community Credit Union has a relatively low asset base.

Texas Ratio

GRADE:

B+

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, 2013 United Community Credit Union had $658,000 in non-current loans and owned real-estate with $4.98 million in equity and loan loss allowances on hand to cover it. This gives United Community Credit Union a Texas Ratio of 13.21% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:

B+

The Texas Ratio for United Community Credit Union decreased slightly from 17.15% as of December 31, 2012 to 13.21% as of December 31, 2013, resulting in a positive change of 22.96%.This indicates that the balance sheet and financial strength for United Community Credit Union has improved slightly in recent periods.

Deposit Growth

GRADE:

In the past year, United Community Credit Union has increased its total deposits by $2.44 million, resulting in 4.17% 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 Community Credit Union has shown is excellent.

Capitalization

GRADE:

C-

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 Community Credit Union has $65.87 million in assets with $4.98 million in equity, resulting in a capitalization level of 7.56%, which is below average.

Institution Statistics

Overall
NCUA #	60095
Year Chartered	1941
Employees	25
Primary Regulator

Assets and Liabilities
Assets	$65.87 million
Loans	$48.42 million
Deposits	$61.05 million
Equity Capital	$4.67 million
Loan Loss Allowance	$307,000
Unbacked Noncurrent Loans	$386,000
Real Estate Owned	$272,000

Historic Data - December 2012
Assets	$63.09 million
Equity Capital	$4.13 million
Loan Loss Allowance	$304,000
Unbacked Noncurrent Loans	$386,000
Real Estate Owned	$157,000

Profit Margin - Quarterly
Net Interest Margin	5.02%
Return on Assets	0.82%
Return on Equity	11.51%
Interest Income	$2.81 million

Rates

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