|
|
Benchmarks
HIGHLIGHTS
|
Dec 31, 2005 |
| Very low or low income members |
66% |
| Minority group members |
28% |
| Jobs created or maintained by our business loans |
215 |
| Average size first mortgage |
93,262 |
| Microenterprise class participants |
384 |
| IDAs |
76 |
| Youth Credit Union deposits |
$685,567
|
| # of member service transactions in December |
281,954
|
| Tax returns prepared, 2004 tax year |
906
|
People receiving personal finance training |
273
|
FINANCIAL INDICATORS
|
Dec 31, 2005 |
| Net Capital / Assets |
9.25 |
| Assets |
$51,282,327 |
| DQ to Loans |
4.26% |
| Net Charge-Off / Loans |
0.53% |
| YTD Net Income |
$507,673 |
| Deployment Loans / Shares |
73.1% |
| Expenses as a % of Assets |
5.85% |
| Loan Growth |
7.87% |
| Share growth |
3.30% |
| MEMBER PROFILE |
Dec 31, 2004 |
| |
% of Membership |
| Household Income (HUD guidelines) |
| Very Low (50% of median) |
46% |
| Low (80% of median) |
20% |
| Median |
11% |
| 120% Median and Above |
23% |
| |
|
| Self Employment income |
22% |
Previously unbanked for at least 1 year |
13% |
| Women |
64% |
| Ethnicity |
| Asian |
2% |
| African American |
8% |
| Caucasian |
81% |
| Hispanic/Latino |
13% |
| Native Am |
1% |
| Other |
4% |
| STAFF PROFILE |
Dec 31, 2005 |
| Avg Staff Years of Service |
6.5 yrs |
| Turnover rate |
13% |
| Staff receiving promotions |
10% |
| Number of Full Time Equivalents |
40 |
| Women |
60% |
| Men |
40% |
| Racial/ethnic minorities |
11% |
| Living wage |
$9.18 (2004) $9.67 (2005) |
| BOARD |
2004 |
| Board attendance |
78% |
| Women |
45% |
| Men |
55% |
| Racial/ethnic minorities |
18% |
| VISA |
12/31/05 |
Total # Credit cards
|
707 |
| Total # Debit cards |
4,603 |
| BUSINESS LENDING |
12/31/05 |
Since 1979 |
| Loans Closed |
$3,067,411 |
$12,557,189 |
| Loans Closed |
93 |
3,514 |
| Jobs created or retained |
219 |
983 |
| Loans to women or minority owned businesses |
37 |
1,637 |
| Loans to businesses less than 3 yrs old |
57 |
2,257 |
| Median $ size of business loan |
$20,712 |
$32,983 |
| CONSUMER LOANS |
12/31/05 |
Since 1979
|
| Loans Closed |
$3,866,114.29 |
$50,413,008.72
|
| Loans Closed |
690 |
14,901
|
| MORTGAGE LENDING |
12/31/05 |
Since 1982
|
| Loans Closed |
$7,820,850 |
$112,338,070
|
| Loans Closed |
127 |
1,782
|
| Avg Size First Mortgage |
99,262 |
|
| Avg HE size |
40,441 |
|
| % under 80% median income |
32% |
|
| DEVELOPMENT |
Dec 31, 2004
|
| Grant Dollars Raised |
$281,616
|
| National Below Cost Deposits |
$973,209
|
| Secondary Capital |
$3,045,785
|
| BUSINESS CENTS TRAINING |
12/04/04
|
Since 1999
|
| 11-week entrepreneurial training courses |
6
|
25
|
| People Receiving Group Training |
384
|
1540
|
| Seminars |
7
|
28
|
| Businesses Opened or Expanded |
32
|
|
| Women & minority clients |
236
|
|
| Minority group members |
46
|
|
| Low or very low income |
233
|
|
| IDA |
12/31/04 |
Since 1997 |
| # of open IDA accounts |
76 |
|
| # of IDA graduates |
|
142 |
| # of asset goals acquired |
|
172 |
| Number of IDA's for home purchases |
|
32 |
| Number of IDA's for business capitalization |
|
40
|
| Number of IDA's for post-secondary education |
|
34 |
| Total amount of savings and match to date |
|
$588,107 |
| YOUTH CREDIT UNION |
Dec 31, 2005 |
| Youth19 and under, Deposits |
$760,026.44 |
| Youth with savings accounts |
1225 |
| Youth with checking accounts |
129 |
| Youth with VISA Debit cards |
106 |
| Youth with VISA Credit card |
56 |
| MARKETING |
December 31, 2005 |
| Number of Members |
8,204 |
| # Accts per member |
2.217 |
| Share Draft Accounts |
65% |
| Debit cards |
43% |
| Loans |
23% |
| Line Of Credit |
15% |
| Tax Prep. Program |
9% |
| Credit cards |
8% |
| Business CENTS |
6% |
| Mortgages sold |
.3% |
| IDA |
2% |
| Money Wise |
2% |
MEMBER SERVICE |
Dec 31, 2005 |
| Avg Months teller experience |
11 |
| CUES training modules completed |
46 |
| Number transactions |
278,496 |
| Tax Prep Program |
6/30/05 |
Since 2002 |
| Returns Prepared |
906 |
2080 |
| Tax Refunds Received |
$1.3 million |
$2.6 Million |
| Preparation Fees Saved |
200,000 |
|
| Refund Express Loans |
$120,168 |
293,440 |
| Refund Anticipation Loans (RALs) fees avoided |
$11,200 |
33,800 |
| New Members |
67 |
225 |
| Unbanked portion of New Members |
25% |
25% |
| active volunteers |
46 |
83 |
| # of hours worked by Volunteers |
1100 |
1910 |
MONEY WISE |
Dec 31, 2004 |
People Receiving Training |
273 |
| Women & minority clients |
157 |
| Receiving disability income |
7 |
| Minority group members |
131 |
| At or below HUD's low/moderate income guides |
131 |
|
Community Partnership Lending
|
12/31/05 |
Since 1997 |
| Loans Closed |
$183,064.25 |
$1,213,616 |
| Loans Closed |
60 |
397 |
| Avg Size Loan |
$3,051 |
|
Number of Active Partnerships |
8 |
| Types of loans Vehicle, Small Business, Wheels to Work, Emergency,
Consolidation, Security Deposit |
|
FINANCIAL COUNSELING
|
Dec 31, 2004 |
Since 2003 |
| Phone Calls taken by Balance |
139 |
205 |
|
built by Cyrus
