United CU (IN)

United CU (IN) is headquartered in Warsaw and is the 115^st largest credit union in the state of Indiana. It is also the 4,402^nd largest credit union in the nation. It was established in 1973 and as of December of 2012, it had grown to 5 employees and 2,304 members. United CU (IN) has a 5-star health rating.

Related Posts

United CU (IN) Savings Account Rates

United CU (IN) CD Rates

Data for Q4 2012

Institution Statistics UNITED NCUA # 68272 BankRate Report View Year Chartered 1973 Employees 5 Primary Regulator Assets and Liabilities Assets $11.18 million Loans $5.13 million Deposits $9.69 million Equity Capital $1.43 million Loan Loss Allowance $64,000 Unbacked Noncurrent Loans $74,000 Historic Data - December 2011 Assets $10.62 million Equity Capital $1.41 million Loan Loss Allowance $103,000 Unbacked Noncurrent Loans $82,000 Profit Margin - Quarterly Net Interest Margin 6.5% Return on Assets 0.2% Return on Equity 1.54% Interest Income $394,000 Non-Interest Income $201,000

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, 2012 United CU (IN) had $74,000 in non-current loans and owned real-estate with $1.49 million in equity and loan loss allowances on hand to cover it. This gives United CU (IN) a Texas Ratio of 4.95% 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 CU (IN) held steady from 5.43% as of December 31, 2011 to 4.95% as of December 31, 2012, resulting in a positive change of 8.73%.This indicates that the balance sheet and financial strength for United CU (IN) has held steady in recent periods. Deposit Growth In the past year, United CU (IN) has increased its total deposits by $490,000, resulting in 5.33% 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 CU (IN) 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 CU (IN) has $11.18 million in assets with $1.49 million in equity, resulting in a capitalization level of 13.36%, which is excellent.

No reviews have been left for this bank yet. Be the first to review.