Weber State Credit Union

Weber State Credit Union is headquartered in OGDEN and is the 19^st largest credit union in the state of Utah. It is also the 1,546^th largest credit union in the nation. It was established in 1957 and as of September of 2011, it had grown to 32 employees and 9,248 members. Weber State Credit Union has a 3-star health rating.

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Data for Q3 2011

Institution Statistics WEBER STATE NCUA # 11520 BankRate Report View Year Established 1957 Employees 32 Primary Regulator Assets and Liabilities Assets $86.86 million Loans $67.02 million Deposits $78.90 million Equity Capital $7.62 million Loan Loss Allowance $465,000 Unbacked Noncurrent Loans $986,000 Real Estate Owned $1.36 million Historic Data - September 2010 Assets $85.74 million Equity Capital $7.69 million Loan Loss Allowance $284,000 Unbacked Noncurrent Loans $800,000 Real Estate Owned $1.63 million Profit Margin - Quarterly Net Interest Margin 3.62% Return on Assets 0.42% Return on Equity 4.82% Interest Income $2.96 million Non-Interest Income $760,000

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 September 30, 2011 Weber State Credit Union had $2.35 million in non-current loans and owned real-estate with $8.08 million in equity and loan loss allowances on hand to cover it. This gives Weber State Credit Union a Texas Ratio of 29.08% 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 Weber State Credit Union held steady from 30.50% as of September 30, 2010 to 29.08% as of September 30, 2011, resulting in a positive change of 4.65%.This indicates that the balance sheet and financial strength for Weber State Credit Union has held steady in recent periods. Deposit Growth In the past year, Weber State Credit Union has increased its total deposits by $1.73 million, resulting in 2.25% 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 Weber State 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. Weber State Credit Union has $86.86 million in assets with $8.08 million in equity, resulting in a capitalization level of 9.30%, which is average.

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