United Services CU (NC)

United Services CU (NC) is headquartered in Asheville and is the 30^th largest credit union in the state of North Carolina. It is also the 2,095^th largest credit union in the nation. It was established in 1954 and as of December of 2011, it had grown to 20 employees and 11,019 members. United Services CU (NC) has a 4-star health rating.

Data for Q4 2011

Institution Statistics UNITED SERVICES NCUA # 60980 BankRate Report View Year Chartered 1954 Employees 20 Primary Regulator Assets and Liabilities Assets $56.16 million Loans $36.56 million Deposits $48.24 million Equity Capital $7.58 million Loan Loss Allowance $614,000 Unbacked Noncurrent Loans $1.08 million Real Estate Owned $101,000 Historic Data - December 2010 Assets $56.10 million Equity Capital $7.41 million Loan Loss Allowance $402,000 Unbacked Noncurrent Loans $484,000 Profit Margin - Quarterly Net Interest Margin 5.32% Return on Assets 0.31% Return on Equity 2.29% Interest Income $2.40 million Non-Interest Income $1.49 million

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 December 31, 2011 United Services CU (NC) had $1.18 million in non-current loans and owned real-estate with $8.2 million in equity and loan loss allowances on hand to cover it. This gives United Services CU (NC) a Texas Ratio of 14.46% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for United Services CU (NC) increased slightly from 6.20% as of December 31, 2010 to 14.46% as of December 31, 2011, resulting in a negative change of 133.22%. This indicates that the balance sheet and financial strength for United Services CU (NC) has declined slightly in recent periods. Deposit Growth In the past year, United Services CU (NC) has decreased its total deposits by $-105,000, resulting in -0.22% 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 Services CU (NC) has shown is 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 Services CU (NC) has $56.16 million in assets with $8.2 million in equity, resulting in a capitalization level of 14.60%, which is excellent.

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