University Of Southern Mississippi Credit Union

University Of Southern Mississippi Credit Union is headquartered in HATTIESBURG and is the 22^nd largest credit union in the state of Mississippi. It is also the 3,352^nd largest credit union in the nation. It was established in 1956 and as of December of 2011, it had grown to 11 employees and 5,584 members. University Of Southern Mississippi Credit Union's savings rates are 15% higher than the national average, and it has a 3-star health rating.

University Of Southern Mississippi Credit Union Savings Account Rates

University Of Southern Mississippi Credit Union Money Market Rates

University Of Southern Mississippi Credit Union CD Rates

University Of Southern Mississippi Credit Union IRA Rates

Data for Q4 2011

Institution Statistics UNIVERSITY OF SOUTHERN MISSISSIPPI NCUA # 24668 BankRate Report View Year Chartered 1956 Employees 11 Primary Regulator Assets and Liabilities Assets $22.79 million Loans $14.24 million Deposits $21.12 million Equity Capital $1.51 million Loan Loss Allowance $53,000 Unbacked Noncurrent Loans $366,000 Historic Data - December 2010 Assets $19.62 million Equity Capital $1.42 million Loan Loss Allowance $53,000 Unbacked Noncurrent Loans $307,000 Profit Margin - Quarterly Net Interest Margin 5.43% Return on Assets 0.3% Return on Equity 4.51% Interest Income $875,000 Non-Interest Income $494,000

Institution Health Overall Score: 3 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 University Of Southern Mississippi Credit Union had $366,000 in non-current loans and owned real-estate with $1.56 million in equity and loan loss allowances on hand to cover it. This gives University Of Southern Mississippi Credit Union a Texas Ratio of 23.45% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for University Of Southern Mississippi Credit Union held steady from 20.86% as of December 31, 2010 to 23.45% as of December 31, 2011, resulting in a negative change of 12.42%. This indicates that the balance sheet and financial strength for University Of Southern Mississippi Credit Union has held steady in recent periods. Deposit Growth In the past year, University Of Southern Mississippi Credit Union has increased its total deposits by $2.99 million, resulting in 16.47% 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 University Of Southern Mississippi 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. University Of Southern Mississippi Credit Union has $22.79 million in assets with $1.56 million in equity, resulting in a capitalization level of 6.85%, which is below average.

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