USU Charter Credit Union

USU Charter Credit Union is headquartered in Logan and is the 14^st largest credit union in the state of Utah. It is also the 1,144^th largest credit union in the nation. It was established in 1957 and as of December of 2011, it had grown to 56 employees and 21,019 members. USU Charter Credit Union has a 4-star health rating.

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USU Charter Credit Union CD Rates

Data for Q4 2011

Institution Statistics USU CHARTER NCUA # 24677 BankRate Report View Year Chartered 1957 Employees 56 Primary Regulator Assets and Liabilities Assets $136.43 million Loans $95.52 million Deposits $125.03 million Equity Capital $11.07 million Loan Loss Allowance $1.40 million Unbacked Noncurrent Loans $804,000 Real Estate Owned $381,000 Historic Data - December 2010 Assets $135.62 million Equity Capital $11.08 million Loan Loss Allowance $1.71 million Unbacked Noncurrent Loans $1.58 million Real Estate Owned $877,000 Profit Margin - Quarterly Net Interest Margin 5.01% Return on Assets -0.01% Return on Equity -0.13% Interest Income $5.46 million Non-Interest Income $1.68 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 USU Charter Credit Union had $1.18 million in non-current loans and owned real-estate with $12.47 million in equity and loan loss allowances on hand to cover it. This gives USU Charter Credit Union a Texas Ratio of 9.50% 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 USU Charter Credit Union decreased significantly from 19.19% as of December 31, 2010 to 9.50% as of December 31, 2011, resulting in a positive change of 50.48%.This indicates that the balance sheet and financial strength for USU Charter Credit Union has improved significantly in recent periods. Deposit Growth In the past year, USU Charter Credit Union has increased its total deposits by $855,000, resulting in 0.69% 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 USU Charter Credit Union 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. USU Charter Credit Union has $136.43 million in assets with $12.47 million in equity, resulting in a capitalization level of 9.14%, which is average.

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