Georgia. Mid-Year Prepared by: CUNA Economics and Statistics

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1 Georgia Mid-Year 2015 Prepared by: CUNA Economics and Statistics

2 Source: Informa Research Services, NCUA, and CUNA. (1)Assumes 1.9 credit union members per household.

3 Loan Product Comparative Interest Rates (%) by Loan Type month new car (A paper) 48-month used car (A paper) Unsecured loan (A paper) 5-year adjustable rate 1st mortgage, 0 pts 15-year fixed rate 1st mortgage, 0 pts 30-year fixed rate 1st mortgage, 0 pts Home equity / 2nd mtg, 80% LTV 0 pts Credit card - classic Credit card - gold Georgia Credit Unions Georgia Banks

4 Savings Product Comparative Interest Rates (%) by Savings Account Type Retirement (IRA) accounts Year certificate $10,000 balance Money market accounts Share draft checking, $5,000 balance Regular savings, $1,000 balance Georgia Credit Unions Georgia Banks

5 Comparative Fees by Type $1, $1, $29.50 $32.18 $24.56 $34.18 Share draft checking, NSF fee Credit cards, late fee Mortgages, closing costs Georgia Credit Unions Georgia Banks

6 Average Rate at Average Rate Rate Difference Loan Products Credit Unions (%) at Banks (%) vs. Banks (%) 60-month new car (A paper) month used car (A paper) Unsecured loan (A paper) year adjustable rate 1st mortgage, 0 pts year fixed rate 1st mortgage, 0 pts year fixed rate 1st mortgage, 0 pts Home equity / 2nd mtg, 80% LTV 0 pts Credit card - classic Credit card - gold Savings Products Regular savings, $1,000 balance Share draft checking, $5,000 balance Money market accounts Year certificate $10,000 balance Retirement (IRA) accounts Fee Income Georgia Credit Union and Banking Institution Mid-year 2015 Average Interest Rates and Fees Share draft checking, NSF fee $29.50 $ $2.68 Credit cards, late fee $24.56 $ $9.62 Mortgages, closing costs $1, $1, $ Source: Informa Research Services

7 State Credit Union's Total Loan Rate Benefits Compared to State Banking Institutions by Loan Type $45,588,806 $33,355,061 $17,506,959 $1,631,861 $435,111 $2,276,563 -$957,276 -$1,573,012 New car loans Used car loans Personal unsecured loans 5-year adjustable rate 1st mortgage 15-year fixed rate 1st mortgage 30-year fixed rate 1st mortgage Home equity / 2nd mortgage loans Credit cards

8 State Credit Union's Total Savings Dividend Benefits Compared to State Banking Institutions by Account Type $11,381,934 $8,443,368 $7,170,582 $3,517,566 $2,864,470 Regular shares Share draft checking Money market accounts Certificate accounts Retirement (IRA) accounts

9 Rate Total Avg. Balance Difference Financial Benefit at vs. Georgia to Your Loans Credit Unions (1) Banks (%) (2) Members New car loans 2,142,834, $17,506,959 Used car loans 3,317,962, $45,588,806 Personal unsecured loans 501,191, $957,276 5-year adjustable rate 1st mortgage 1,041,729, $1,573, year fixed rate 1st mortgage 1,359,884, $1,631, year fixed rate 1st mortgage 1,450,369, $435,111 Home equity / 2nd mortgage loans 878,981, $2,276,563 Credit cards 682,456, $33,355,061 Interest rebates $912 Total CU member benefits arising from lower interest rates on loan products: $98,264,984 Savings Regular shares 6,289,984, $7,170,582 Share draft checking 3,027,797, $11,381,934 Money market accounts 3,504,088, $3,517,566 Certificate accounts 2,984,754, $8,443,368 Retirement (IRA) accounts 1,494,761, $2,864,470 Bonus dividends in period $0 Total CU member benefit arising from higher interest rates on savings products: $33,377,921 Fee Income Estimated Financial Benefits for Georgia Credit Unions Mid-year 2015 Total CU member benefit arising from fewer / lower fees: $23,947,777 Total CU member benefit arising from interest rates on loans, savings products and lower fees: $155,590,682 Total CU member benefit / member: $77 Total CU member benefit / member household: $145 Source: Informa Research Services, NCUA, and CUNA (1) Average balance as of Mid-year 2015 and Mid-year 2014, according to the NCUA call report.; (2) Source for rates and fees: Informa Research Services;

10 Georgia Credit Union Performance Profile Demographic Information Jun 15 Jun 14 Number of branches Total assets ($ mil) 20,337 19,660 Total loans ($ mil) 12,533 11,220 Total surplus funds ($ mil) 6,948 7,690 Total savings ($ mil) 17,656 17,147 Total members (thousands) 2,066 2,015 Growth Rates (Trailing 12 months) * Total assets 3.7 % 2.5 % Total loans 11.7 % 7.4 % Total surplus funds -9.1 % -3.8 % Total savings 3.3 % 1.9 % Total members 3.3 % 2.7 % Earnings - Basis Pts. * Yield on total assets Dividend / interest cost of assets Fee & other income Operating expense Loss Provisions Net Income (ROA) after stabilization exp Capital Adequacy Net worth / assets Asset Quality * Delinquencies / loans Net chargeoffs / average loans Total borrower-bankruptcies Bankruptcies per 1000 members Asset/Liability Management Loans / savings Loans / assets Long-term assets / assets Core deposits/shares & borrowings Productivity Members / potential members Borrowers / members Members / FTE Average shares / members ($) 8,545 8,509 Average loan balances ($) 9,122 9,571 Salary & Benefits / FTE 68,641 67,051 * Earnings, net chargeoffs, and bankruptcies are year-to-date numbers annualized. Due to significant seasonal variation, balance sheet growth rates are for the trailing 12 months.

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