Wecu

Wecu is headquartered in Marysville and is the 142^nd largest credit union in the state of Ohio. It is also the 3,180^th largest credit union in the nation. It was established in 1972 and as of December of 2011, it had grown to 7 employees and 2,911 members. Wecu's savings rates are 92% higher than the national average, and it has a 4-star health rating.

Wecu Savings Account Rates

Wecu CD Rates

Data for Q4 2011

Institution Statistics WECU NCUA # 63616 BankRate Report View Year Chartered 1972 Employees 7 Primary Regulator Assets and Liabilities Assets $25.43 million Loans $10.06 million Deposits $22.99 million Equity Capital $2.38 million Loan Loss Allowance $45,000 Unbacked Noncurrent Loans $232,000 Real Estate Owned $72,000 Historic Data - December 2010 Assets $23.94 million Equity Capital $2.36 million Loan Loss Allowance $53,000 Unbacked Noncurrent Loans $98,000 Profit Margin - Quarterly Net Interest Margin 4.47% Return on Assets 0.06% Return on Equity 0.63% Interest Income $870,000 Non-Interest Income $228,000

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 Wecu had $304,000 in non-current loans and owned real-estate with $2.42 million in equity and loan loss allowances on hand to cover it. This gives Wecu a Texas Ratio of 12.55% 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 Wecu increased slightly from 4.06% as of December 31, 2010 to 12.55% as of December 31, 2011, resulting in a negative change of 209.05%. This indicates that the balance sheet and financial strength for Wecu has declined slightly in recent periods. Deposit Growth In the past year, Wecu has increased its total deposits by $1.57 million, resulting in 7.31% 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 Wecu 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. Wecu has $25.43 million in assets with $2.42 million in equity, resulting in a capitalization level of 9.53%, which is average.

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