Upstate Milk Employees Credit Union

Upstate Milk Employees Credit Union is headquartered in Cheektowaga and is the 343^rd largest credit union in the state of New York. It is also the 6,244^th largest credit union in the nation. It was established in 1971 and as of December of 2011, it had grown to 1 employees and 530 members. Upstate Milk Employees Credit Union has a 4-star health rating.

Data for Q4 2011

Institution Statistics UPSTATE MILK EMPLOYEES NCUA # 20547 BankRate Report View Year Chartered 1971 Employees 1 Primary Regulator Assets and Liabilities Assets $2.28 million Loans $932,000 Deposits $2.01 million Equity Capital $266,000 Loan Loss Allowance $5,000 Unbacked Noncurrent Loans $33,000 Historic Data - December 2010 Assets $1.91 million Equity Capital $260,000 Loan Loss Allowance $22,000 Unbacked Noncurrent Loans $20,000 Profit Margin - Quarterly Net Interest Margin 6.34% Return on Assets 0.22% Return on Equity 1.88% Interest Income $81,000 Non-Interest Income $1,000

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 December 31, 2011 Upstate Milk Employees Credit Union had $33,000 in non-current loans and owned real-estate with $271,000 in equity and loan loss allowances on hand to cover it. This gives Upstate Milk Employees Credit Union a Texas Ratio of 12.18% 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 Upstate Milk Employees Credit Union increased slightly from 7.09% as of December 31, 2010 to 12.18% as of December 31, 2011, resulting in a negative change of 71.70%. This indicates that the balance sheet and financial strength for Upstate Milk Employees Credit Union has declined slightly in recent periods. Deposit Growth In the past year, Upstate Milk Employees Credit Union has increased its total deposits by $368,000, resulting in 22.44% 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 Upstate Milk Employees 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. Upstate Milk Employees Credit Union has $2.28 million in assets with $271,000 in equity, resulting in a capitalization level of 11.89%, which is above average.

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