Wyoming County School Emp Credit Union

Wyoming County School Emp Credit Union is headquartered in Tunkhannock and is the 214^st largest credit union in the state of Pennsylvania. It is also the 3,977^th largest credit union in the nation. It was established in 1956 and as of December of 2011, it had grown to 5 employees and 1,278 members. Wyoming County School Emp Credit Union has a 5-star health rating.

Data for Q4 2011

Institution Statistics WYOMING COUNTY SCHOOL EMP NCUA # 10846 BankRate Report View Year Chartered 1956 Employees 5 Primary Regulator Assets and Liabilities Assets $15.08 million Loans $6.45 million Deposits $13.68 million Equity Capital $1.11 million Loan Loss Allowance $54,000 Unbacked Noncurrent Loans $34,000 Historic Data - December 2010 Assets $14.47 million Equity Capital $973,000 Loan Loss Allowance $35,000 Unbacked Noncurrent Loans $160,000 Profit Margin - Quarterly Net Interest Margin 5.23% Return on Assets 0.9% Return on Equity 12.24% Interest Income $510,000 Non-Interest Income $33,000

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 Wyoming County School Emp Credit Union had $34,000 in non-current loans and owned real-estate with $1.16 million in equity and loan loss allowances on hand to cover it. This gives Wyoming County School Emp Credit Union a Texas Ratio of 2.92% 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 Wyoming County School Emp Credit Union decreased significantly from 15.87% as of December 31, 2010 to 2.92% as of December 31, 2011, resulting in a positive change of 81.61%.This indicates that the balance sheet and financial strength for Wyoming County School Emp Credit Union has improved significantly in recent periods. Deposit Growth In the past year, Wyoming County School Emp Credit Union has increased its total deposits by $434,000, resulting in 3.28% 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 Wyoming County School Emp 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. Wyoming County School Emp Credit Union has $15.08 million in assets with $1.16 million in equity, resulting in a capitalization level of 7.73%, which is below average.

No reviews have been left for this bank yet. Be the first to review.