White Gold Credit Union

White Gold Credit Union is headquartered in Raceland and is the 209^th largest credit union in the state of Louisiana. It is also the 6,948^th largest credit union in the nation. It was established in 1955 and as of December of 2011, it had grown to employees and 164 members. White Gold Credit Union has a 4-star health rating.

Data for Q4 2011

Institution Statistics WHITE GOLD NCUA # 62817 BankRate Report View Year Chartered 1955 Employees 0 Primary Regulator Assets and Liabilities Assets $494,000 Loans $403,000 Deposits $350,000 Equity Capital $137,000 Loan Loss Allowance $6,000 Unbacked Noncurrent Loans $35,000 Historic Data - December 2010 Assets $464,000 Equity Capital $139,000 Loan Loss Allowance $5,000 Unbacked Noncurrent Loans $48,000 Profit Margin - Quarterly Net Interest Margin 3.77% Return on Assets -0.2% Return on Equity -0.73% Interest Income $29,000

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 White Gold Credit Union had $35,000 in non-current loans and owned real-estate with $143,000 in equity and loan loss allowances on hand to cover it. This gives White Gold Credit Union a Texas Ratio of 24.48% 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 White Gold Credit Union decreased slightly from 33.33% as of December 31, 2010 to 24.48% as of December 31, 2011, resulting in a positive change of 26.57%.This indicates that the balance sheet and financial strength for White Gold Credit Union has improved slightly in recent periods. Deposit Growth In the past year, White Gold Credit Union has increased its total deposits by $34,000, resulting in 10.76% 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 White Gold 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. White Gold Credit Union has $494,000 in assets with $143,000 in equity, resulting in a capitalization level of 28.95%, which is excellent.

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