ASE Federal Credit Union:

ASE Federal Credit Union was chartered in 1969 and its charter number is 19318. ASE Federal Credit Union's address registered with the NCUA is 7620 GERMAN HILL ROAD, BALTIMORE, MD 21222. As of 10/30/06, ASE FCU reported $3,136,119 in assets. The credit union currently has 739 members. It's Manager/CEO is Lawrence G. Vasold Jr.. The credit unions website is www.asecu.net

ASE Federal Credit Union is a member of the Maryland Credit Union League.

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ASE Federal Credit Union Financial Evaluation

As of December 31, 2004 Total Assets: $3,744,469.00 Total Loans: $1,921,266.00 Net Worth Ratio: 18.11 % Share Growth: -3.25 % Loan Growth: -9.8 Loans/Assets Ratio: 51.3 Loans/Assets Ratio: 47.53 Numbers of Members: 781 Number of Full-time Employees: 1.5
As of December 31, 2005 Total Assets: $3,394,922.00 Total Loans: $1,856,971.00 Net Worth Ratio: 19.75 % Share Growth: -11.19 % Loan Growth: -3.34 Loans/Assets Ratio: 54.69 Loans/Assets Ratio: 44.21 Numbers of Members: 729 Number of Full-time Employees: 1
As of December 31, 2006 Total Assets: $3,239,709.00 Total Loans: $1,983,837.00 Net Worth Ratio: 17.94 % Share Growth: -2.46 % Loan Growth: 6.83 Loans/Assets Ratio: 61.23 Loans/Assets Ratio: 37.22 Numbers of Members: 749 Number of Full-time Employees: 2

In Maryland, this credit union competes with Navy Federal Credit Union and other credit unions for your business.

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Credit Union News:

Credit Union Controversy Continues 2/16/08 CBS 7 News Staff February 16, 2008
CBS 7 West Texas - Feb 16, 2008
Odessa, TX- The controversy continues to circle over First Basin Credit Union. First, there was going to be a vote- should the credit union become a bank?

Full Story: http://www.cbs7.com/news/details.asp?ID=4788

Police log: Two arrested in bank robbery
The York Dispatch - Feb 8, 2008
Pennsylvania State Police arrested two York County residents Wednesday and charged them with robbing a Dauphin County credit union.

Full Story: http://yorkdispatch.inyork.com/yd/local/ci_8203133?source=rss

U.S. Central Federal Credit Union of Lenexa takes $760 million markdown
The Kansas City Star - Feb 5, 2008
The subprime mortgage meltdown has seeped into yet another corner of the financial world. U.S. Central Federal Credit Union of Lenexa, which invests funds on behalf of the nation's regional credit unions, said it took a $760 million markdown on the $40 billion in investment securities it holds for sale.

Full Story: http://www.kansascity.com/business/companies/story/477132.html

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