Valley State Employees Credit Union

Valley State Employees Credit Union is headquartered in SAGINAW and is the 205^th largest credit union in the state of Michigan. It is also the 3,358^th largest credit union in the nation. It was established in 1955 and as of December of 2011, it had grown to 4 employees and 2,741 members. Valley State Employees Credit Union's savings rates are 44% higher than the national average, and it has a 4-star health rating.

Valley State Employees Credit Union Savings Account Rates

Valley State Employees Credit Union CD Rates

Valley State Employees Credit Union IRA Rates

Data for Q4 2011

Institution Statistics VALLEY STATE EMPLOYEES NCUA # 60775 BankRate Report View Year Chartered 1955 Employees 4 Primary Regulator Assets and Liabilities Assets $22.72 million Loans $10.79 million Deposits $19.85 million Equity Capital $2.80 million Loan Loss Allowance $26,000 Unbacked Noncurrent Loans $136,000 Real Estate Owned $207,000 Historic Data - December 2010 Assets $21.88 million Equity Capital $2.84 million Loan Loss Allowance $34,000 Unbacked Noncurrent Loans $104,000 Real Estate Owned $31,000 Profit Margin - Quarterly Net Interest Margin 5.58% Return on Assets -0.15% Return on Equity -1.21% Interest Income $772,000 Non-Interest Income $111,000

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 Valley State Employees Credit Union had $343,000 in non-current loans and owned real-estate with $2.83 million in equity and loan loss allowances on hand to cover it. This gives Valley State Employees Credit Union a Texas Ratio of 12.14% 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 Valley State Employees Credit Union increased slightly from 4.71% as of December 31, 2010 to 12.14% as of December 31, 2011, resulting in a negative change of 157.94%. This indicates that the balance sheet and financial strength for Valley State Employees Credit Union has declined slightly in recent periods. Deposit Growth In the past year, Valley State Employees Credit Union has increased its total deposits by $893,000, resulting in 4.71% 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 Valley State Employees Credit Union has shown is above 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. Valley State Employees Credit Union has $22.72 million in assets with $2.83 million in equity, resulting in a capitalization level of 12.44%, which is excellent.

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