Vigo County Credit Union

Vigo County Credit Union is headquartered in Terre Haute and is the 63^rd largest credit union in the state of Indiana. It is also the 2,546^th largest credit union in the nation. It was established in 1935 and as of December of 2011, it had grown to 13 employees and 8,933 members. Vigo County Credit Union has a 3-star health rating.

Vigo County Credit Union Checking Account Rates

Vigo County Credit Union Savings Account Rates

Vigo County Credit Union CD Rates

Data for Q4 2011

Institution Statistics VIGO COUNTY NCUA # 138 BankRate Report View Year Chartered 1935 Employees 13 Primary Regulator Assets and Liabilities Assets $39.58 million Loans $20.73 million Deposits $36.37 million Equity Capital $2.08 million Loan Loss Allowance $92,000 Unbacked Noncurrent Loans $332,000 Historic Data - December 2010 Assets $37.31 million Equity Capital $2.07 million Loan Loss Allowance $151,000 Unbacked Noncurrent Loans $170,000 Profit Margin - Quarterly Net Interest Margin 4.5% Return on Assets 0.18% Return on Equity 3.52% Interest Income $1.44 million Non-Interest Income $475,000

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 Vigo County Credit Union had $332,000 in non-current loans and owned real-estate with $2.17 million in equity and loan loss allowances on hand to cover it. This gives Vigo County Credit Union a Texas Ratio of 15.31% 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 Vigo County Credit Union increased slightly from 7.65% as of December 31, 2010 to 15.31% as of December 31, 2011, resulting in a negative change of 100.07%. This indicates that the balance sheet and financial strength for Vigo County Credit Union has declined slightly in recent periods. Deposit Growth In the past year, Vigo County Credit Union has increased its total deposits by $2.47 million, resulting in 7.29% 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 Vigo County 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. Vigo County Credit Union has $39.58 million in assets with $2.17 million in equity, resulting in a capitalization level of 5.48%, which is below average.

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