Westex Community Credit Union

Westex Community Credit Union is headquartered in Kermit and is the 188^th largest credit union in the state of Texas. It is also the 2,472^nd largest credit union in the nation. It was established in 1960 and as of December of 2011, it had grown to 29 employees and 6,512 members. Westex Community Credit Union's savings rates are 92% higher than the national average, and it boasts a 5-star health rating.

Westex Community Credit Union Checking Account Rates

Westex Community Credit Union Savings Account Rates

Westex Community Credit Union Money Market Rates

Westex Community Credit Union CD Rates

Data for Q4 2011

Institution Statistics WESTEX COMMUNITY NCUA # 67915 BankRate Report View Year Chartered 1960 Employees 29 Primary Regulator Assets and Liabilities Assets $42.08 million Loans $25.62 million Deposits $36.49 million Equity Capital $4.09 million Loan Loss Allowance $334,000 Unbacked Noncurrent Loans $291,000 Historic Data - December 2010 Assets $34.15 million Equity Capital $3.66 million Loan Loss Allowance $247,000 Unbacked Noncurrent Loans $280,000 Profit Margin - Quarterly Net Interest Margin 8.36% Return on Assets 1.01% Return on Equity 10.45% Interest Income $2.25 million Non-Interest Income $974,000

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 Westex Community Credit Union had $291,000 in non-current loans and owned real-estate with $4.42 million in equity and loan loss allowances on hand to cover it. This gives Westex Community Credit Union a Texas Ratio of 6.58% 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 Westex Community Credit Union held steady from 7.17% as of December 31, 2010 to 6.58% as of December 31, 2011, resulting in a positive change of 8.15%.This indicates that the balance sheet and financial strength for Westex Community Credit Union has held steady in recent periods. Deposit Growth In the past year, Westex Community Credit Union has increased its total deposits by $6.42 million, resulting in 21.34% 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 Westex Community 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. Westex Community Credit Union has $42.08 million in assets with $4.42 million in equity, resulting in a capitalization level of 10.51%, which is above average.

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