Horizon Credit Union:

Horizon Credit Union was chartered in 1990 and its charter number is 67264. The National Credit Union Administration (NCUA) is the federal agency that charters and supervises federal credit unions and insures savings in federal and most state-chartered credit unions across the country. Horizon Credit Union's address registered with the NCUA is PO BOX 15128, SPOKANE VALLEY, WA 99215. As of 10/25/06 Horizon CU reported $333,113,440 in assets. The credit union currenly has 35,128 members. It's Manager/CEO is Jeffery W. Adams. The credit unions website is www.hzcu.org. Horizon Credit Union is a member of the California Credit Union League .

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Horizon Credit Union Financial Evaluation

As of December 31, 2004 Total Assets: $257,528,992.00 Total Loans: $167,791,719.00 Net Worth Ratio: 10.76 % Share Growth: 14.36 % Loan Growth: 11.69 Loans/Assets Ratio: 65.15 Loans/Assets Ratio: 28.81 Numbers of Members: 28,006 Number of Full-time Employees: 111.5
As of December 31, 2005 Total Assets: $282,994,926.00 Total Loans: $180,453,268.00 Net Worth Ratio: 10.73 % Share Growth: 9.88 % Loan Growth: 7.54 Loans/Assets Ratio: 63.76 Loans/Assets Ratio: 29.89 Numbers of Members: 27811 Number of Full-time Employees: 112
As of December 31, 2006 Total Assets: $333,976,943.00 Total Loans: $227,941,000.00 Net Worth Ratio: 11.74 % Share Growth: 16.93 % Loan Growth: 26.31 Loans/Assets Ratio: 68.25 Loans/Assets Ratio: 25.94 Numbers of Members: 34,857 Number of Full-time Employees: 144.5

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Credit Union News:

(AFX UK Focus) 2008-02-06 04:11 GMT: US Central Federal Credit Union cut to 'AA+', on negative watch - S&P
Interactive Investor - Feb 5, 2008
MUMBAI (Thomson Financial) - Standard & Poor's Rating Services downgraded the US Central Federal Credit Union (USC), and signalled a further possible downgrade, citing mounting concerns regarding USC's exposure to losses from its large portfolio of higher-risk subprime and Alt-A mortgage-backed securities (MBS).

Full Story: http://www.iii.co.uk/news/%3ftype=afxnews%26articleid=6532828%26subject=companies%26action=article

Around the Valley
The Fresno Bee - Feb 16, 2008
Credit union supports child helmet program

Full Story: http://www.fresnobee.com/263/story/402625.html

Suspect in 3 bank robberies arrested
Atlanta Journal-Constitution - Feb 8, 2008
Forsyth County authorities said late Friday they have arrested a man wanted for three recent bank robberies. Sheriff Ted Paxton said 26-year-old David Ryan Stone was arrested late Thursday night at an extended stay motel in nearby Dawsonville. Stone is being held without bond in the recent hold-ups of two Crescent Banks and a branch of Georgia Federal Credit Union, all in Forsyth County.

Full Story: http://www.ajc.com/services/content/metro/northfulton/stories/2008/02/08/robbery_0209.html?cxtype=rss&cxsvc=7&cxcat=13

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