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  • First Quarter 2017Mid-Year 2020

    Bellwether Community Credit

  • Source: Datatrac, NCUA, and CUNA. (1) Rates and fees as of 11/2/2020. (2) Assumes 2.1 credit union members per household. (3) A "loyal member" is assumed to have a $30,000, 60-month new auto loan, a classic credit card with an average balance of $5,000, a $200,000, 30-year fixed rate mortgage (a 30-year fixed rate mortgage is replaced with a 5-year adjustable rate mortgage if it yields a greater benefit as it is assumed more in demand) , $5,000 in an interest-bearing checking account, $10,000 in a one-year certificate account, and $2,500 in a money market account.

    www.datatrac.net/memberbenefits

  • 0.06

    0.04

    0.05

    0.29

    0.17

    Regular savings, $1,000 balance

    Share draft checking, $5,000 balance

    Money Market Accounts

    1 Year certificate $10,000 balance

    Retirement (IRA) accounts

    by Savings Account Type

    New Hampshire Banks Your Credit Union

    Savings Product Comparative Interest Rates (%)

  • 2.99 2.99

    8.65

    3.38 2.75

    3.13 3.00

    8.99 8.99

    4.64 5.08

    10.73

    3.46 3.01 3.35

    3.98

    12.12

    13.41

    60-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 - platinum

    Your Credit Union New Hampshire Banks

    by Loan Type

    Loan Product Comparative Interest Rates (%)

  • $30.00 $30.79 $35.00 $34.18

    $1,340.20 $1,361.00

    Bellwether Community Credit Union Area Banks

    by Type

    Share draft checking, NSF fee Credit cards, late fee Mortgages, closing costs

    Comparative Fees

  • Rate at your Average Rate Rate Difference Loan Products Credit Union (%) * at Banks (%) * vs. Banks (%) 60-month new car (A paper) 2.99 4.64 -1.65 48-month used car (A paper) 2.99 5.08 -2.09 Unsecured loan (A paper) 8.65 10.73 -2.08 5-year adjustable rate 1st mortgage, 0 pts 3.38 3.46 -0.09 15-year fixed rate 1st mortgage, 0 pts 2.75 3.01 -0.26 30-year fixed rate 1st mortgage, 0 pts 3.13 3.35 -0.23 Home equity / 2nd mtg, 80% LTV 0 pts 3.00 3.98 -0.98 Credit card - classic 8.99 12.12 -3.13 Credit card - platinum 8.99 13.41 -4.42

    Savings Products Regular savings, $1,000 balance 0.01 0.06 -0.05 Share draft checking, $5,000 balance 0.01 0.04 -0.03 Money Market Accounts 0.05 0.05 0.00 1 Year certificate $10,000 balance 0.50 0.29 0.21 Retirement (IRA) accounts 0.28 0.17 0.11

    Fee Income Share draft checking, NSF fee $30.00 $30.79 -$0.79 Credit cards, late fee $35.00 $34.18 $0.82 Mortgages, closing costs $1,340.20 $1,361.00 -$20.80

    *Rates and fees as of 11/2/2020. Credit union rates provided by individual credit union, bank rates provided by Datatrac.

    Interest Rates at Bellwether Community Credit Union

    Banking Institutions in New Hampshire and

  • $96,563

    $2,083,139

    $97,043 $45,917 $149,233 $146,296

    $593,279

    $343,976

    Compared to Banking Institutions in Your State

    Y o u r C r e d i t U n i o n ' s T o t a l L

    by Loan Type

    Your Credit Union's Total Loan Rate Benefits

  • -$37,139 -$14,704

    $1,007

    $294,281

    $36,221

    Regular shares Share draft checking Money market accounts Certificate accounts Retirement (IRA) accounts

    Compared to Banking Institutions in Your State by Account Type

    Your Credit Union's Total Savings Dividend Benefits

  • $268

    $225

    $123 $117

    $302 $301

    $262

    $156

    $221

    60-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 - platinum

    Annual Member Benefit of Loan Products with Various Terms

    Terms on loan products included are as follows: New Car: $30,000; Used Car: $20,000; Unsecured Loan: $10,000 (5 years) 5 Year Adj: $200,000; 15 Year Fixed: $200,000; 30 Year Fixed: $200,000

  • Savings terms include: Regular Savings: $1,000 balance; Share Draft Checking: $5,000; Money Market Accounts: $2,500 balance; 1-Yr Certificates: $10,000

    $0 $0 $0

    $21

    Regular savings, $1,000 balance Share draft checking, $5,000 balance Money Market Accounts 1 Year certificate $10,000 balance

    Annual Member Benefit on Savings Products with Various Terms

  • Rate Avg. Balance Difference Financial Benefit

    at Your vs. New Hampshire to Your Loans Credit Union (1) Banks (%) (2) Members New car loans 5,845,216 -1.65 $96,563 Used car loans 99,671,720 -2.09 $2,083,139 Personal unsecured loans 4,656,569 -2.08 $97,043 5-year adjustable rate 1st mortgage 52,178,341 -0.09 $45,917 15-year fixed rate 1st mortgage 56,742,554 -0.26 $149,233 30-year fixed rate 1st mortgage 63,884,502 -0.23 $146,296 Home equity / 2nd mortgage loans 60,849,149 -0.98 $593,279 Credit cards 9,968,164 -3.13 $343,976 Interest rebates $0 Total CU member benefits arising from lower interest rates on loan products: $3,555,446

    Savings Regular shares 79,019,114 -0.05 -$37,139 Share draft checking 50,704,280 -0.03 -$14,704 Money market accounts 100,650,520 0.00 $1,007 Certificate accounts 139,469,797 0.21 $294,281 Retirement (IRA) accounts 34,170,834 0.11 $36,221 Bonus dividends in period $0 Total CU member benefit arising from higher interest rates on savings products: $279,666

    Fee Income Total CU member benefit arising from fewer/lower fees: $22,453

    Total CU member benefit arising from interest rates on loan and savings products and lower fees: $3,857,565

    Total CU member benefit / member: $113 Total CU member benefit / member household: $237

    Source: Datatrac, NCUA, and CUNA (1) Average balance as of June 2020 and June 2019 according to the NCUA call report. (2) Rates and fees as of 11/2/2020. Credit union rates provided by individual credit union, bank rates provided by Datatrac.

    Estimated Financial Benefits for Bellwether Community Credit Union

  • Credit unions generally provide financial benefits to members by charging less for loans, paying more on deposits and charging fewer/lower fees compared to banking institutions.

    is hereby granted to:

    Bellwether Community Credit Union

    The Credit Union National Association has determined that Bellwether Community Credit Union provided $3,857,565 in direct financial benefits to its 34,200 members during the twelve months ending in June 2020. These benefits are equivalent to approximately $237 per member household.

    Bellwether Community Credit Union provided loyal high-use member households $811 in direct financial benefits.

  • Demographic Information Jun 20 Jun 19 Number of branches 3 3 Total assets ($ mil) 521 528 Total loans ($ mil) 347 366 Total surplus funds ($ mil) 151 138 Total savings ($ mil) 417 393 Total members (thousands) 33 35

    Growth Rates (Year-to-date) Total assets -1.2 % 3.9 % Total loans -5.4 % 3.5 % Total surplus funds 9.4 % 4.8 % Total savings 6.0 % 4.1 % Total members -6.1 % -4.0 %

    Earnings - Basis Pts. Yield on total assets 332 381 - Dividend/interest cost of assets 108 125 + Fee & other income 57 100 - Operating expense 272 290 - Loss Provisions 33 30 = Net Income (ROA) -24 36

    Capital adequacy Net worth / assets 9.7 9.6

    Asset quality Delinquencies / loans 0.4 0.4 Net chargeoffs / average loans 0.3 0.4 Total borrower-bankruptcies 27 18 Bankruptcies per 1000 members 0.8 0.5

    Asset/Liability Management Loans / savings 83.2 93.2 Loans / assets 66.5 69.4 Long-term assets / assets 46.7 40.1 Core deposits/shares & borrowings 30.5 25.1

    Productivity Members/potential members 0.9 6.0 Borrowers/members 60.7 65.0 Members/FTE 399 408 Average shares/members ($) 12,576 11,142 Average loan balances ($) 17,228 15,983 Salary & Benefits/FTE 91,806 92,766

    Bellwether Community Credit Union Performance Profile

  • www.datatrac.net/memberbenefits