United CU (IN)

United CU (IN) is headquartered in Warsaw and is the 120^th largest credit union in the state of Indiana. It is also the 4,556^th largest credit union in the nation. It was established in 1973 and as of September of 2011, it had grown to 3 employees and 2,351 members. United CU (IN) has a 4-star health rating.

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Data for Q3 2011

Institution Statistics UNITED NCUA # 68272 BankRate Report View Year Established 1973 Employees 3 Primary Regulator Assets and Liabilities Assets $10.66 million Loans $5.87 million Deposits $9.24 million Equity Capital $1.39 million Loan Loss Allowance $112,000 Unbacked Noncurrent Loans $119,000 Historic Data - September 2010 Assets $10.81 million Equity Capital $1.37 million Loan Loss Allowance $137,000 Unbacked Noncurrent Loans $91,000 Profit Margin - Quarterly Net Interest Margin 4.6% Return on Assets 0.2% Return on Equity 1.53% Interest Income $334,000 Non-Interest Income $141,000

Institution Health Overall Score: 4 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 September 30, 2011 United CU (IN) had $119,000 in non-current loans and owned real-estate with $1.5 million in equity and loan loss allowances on hand to cover it. This gives United CU (IN) a Texas Ratio of 7.91% 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 6.06% as of September 30, 2010 to 7.91% as of September 30, 2011, resulting in a negative change of 30.60%. 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 decreased its total deposits by $-166,000, resulting in -1.77% 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 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. United CU (IN) has $10.66 million in assets with $1.5 million in equity, resulting in a capitalization level of 14.11%, which is excellent.

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