Washington Gas Light Credit Union

Washington Gas Light Credit Union is headquartered in Springfield and is the 43^rd largest credit union in the state of Virginia. It is also the 1,572^nd largest credit union in the nation. It was established in 1939 and as of December of 2011, it had grown to 16 employees and 6,326 members. Washington Gas Light Credit Union's CD rates are 18% higher than the national average, and it boasts a 5-star health rating.

Washington Gas Light Credit Union Savings Account Rates

Washington Gas Light Credit Union Money Market Rates

Washington Gas Light Credit Union CD Rates

Washington Gas Light Credit Union IRA Rates

Data for Q4 2011

Institution Statistics WASHINGTON GAS LIGHT NCUA # 3323 BankRate Report View Year Chartered 1939 Employees 16 Primary Regulator Assets and Liabilities Assets $84.99 million Loans $31.72 million Deposits $69.02 million Equity Capital $15.76 million Loan Loss Allowance $252,000 Unbacked Noncurrent Loans $86,000 Historic Data - December 2010 Assets $81.51 million Equity Capital $15.42 million Loan Loss Allowance $348,000 Unbacked Noncurrent Loans $275,000 Profit Margin - Quarterly Net Interest Margin 5.49% Return on Assets 0.12% Return on Equity 0.65% Interest Income $2.57 million Non-Interest Income $766,000

Institution Health Overall Score: 5 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 Washington Gas Light Credit Union had $86,000 in non-current loans and owned real-estate with $16.02 million in equity and loan loss allowances on hand to cover it. This gives Washington Gas Light Credit Union a Texas Ratio of 0.54% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Washington Gas Light Credit Union decreased significantly from 1.74% as of December 31, 2010 to 0.54% as of December 31, 2011, resulting in a positive change of 69.21%.This indicates that the balance sheet and financial strength for Washington Gas Light Credit Union has improved significantly in recent periods. Deposit Growth In the past year, Washington Gas Light Credit Union has increased its total deposits by $3.05 million, resulting in 4.63% 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 Washington Gas Light 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. Washington Gas Light Credit Union has $84.99 million in assets with $16.02 million in equity, resulting in a capitalization level of 18.85%, which is excellent.

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