Number of Corporate Credit Unions

1
Number of Corporate Credit Unions
14
16
15
14
17
15
15
14
2
Corporate Fields ofMembership by Charter Type

• State Charters 14 National
• Federal Charters 12 National
• Kentucky 1 Regional
• LICU 1 IBM credit unions

3
Number of Corporates By Expanded Authorities

• Base 12 (excludes CCUF)
• Base-Plus 10 (excludes Northwest)
• Part I 2 (Constitution Corp One)
• Part II 4 (U.S. Central, WesCorp, Southwest
  Members
• United)
• --------------------------------------------------
  --------------------------------------------------
  ---
• Part III 3 (U.S. Central, WesCorp Members
  United)
• Part IV 4 (U.S. Central, WesCorp, Southwest
  Members United)
• Part V 4 (Members United, Southwest, EasCorp
  Corporate America)

4
Retail Corporate Asset Stratification

• Assets Number
• lt 250 M 5
• 250 M lt 500 M 2 (5 percent of
  assets)
• 500 M lt 1B 4
• 1 B lt 2 B 7
• 2 B lt 5 B 6
• gt5 B 3 (63 percent of assets)

5
Wholesale/Retail Corporate Assets
6
System Assets Compared to Moving DANA
7
SYSTEM MARKETABLE SECURITIESJune 2007

• 84.6 Billion
• USC WesCorp 65.4 billion 78.4
• 4,264 CUSIPS
• 373 Individual counterparties and trusts
  (aggregate issuer exposure)
• 13 Aggregate individual issuer exposures gt 2.5
• Countrywide 301 issues 6.23
• J P Morgan 126 issues 4.84
• GMAC 195 issues 4.58

8
SYSTEM MARKETABLE SECURITIES

• CREDIT QUALITY
• Rated Securities
• 3,231 CUSIPS 80 billion 94
• Unrated Securities
• 1,033 CUSIPS 5 billion 6 (FNMA 57 and
• Freddie Mac 34)
• NRSRO RATINGS/EQUIVALENT
• AAA AA A BBB
• 89 8 1 0

9
RETAIL vs. WHOLESALE CORPORATE CAPITAL
5.8
2.4
10
RETAIL vs. WHOLESALE CORPORATE CAPITAL
11
RETAIL CORPORATE CAPITALRATIOS
12
SYSTEM NET ECONOMIC VALUE RATIOS
13
SYSTEM NEV VOLATILITY 300 bp
14
SYSTEM EARNINGSYEAR-TO-DATE
15
RETAIL CORPORATE EARNINGSYEAR-TO-DATE
16
RETAIL CORPORATE EARNINGSYEAR-TO-DATE
17
U.S. CENTRAL EARNINGSYEAR-TO-DATE
18
REPORTED ACCUMULATED UNREALIZED G/L ON AFS
SECURITIES
19
SYSTEM ISSUES/CHALLENGES

• Financial Issues (e.g., Thin Operating Margins
  and Declining Capital Ratios)
• Compliance/Infrastructure Costs
• System Direction/System Inefficiencies
• Limited Management Depth (Key Person Risk)
• Strategic Positioning - Increasing Competition
  From Both Within Corporate System and External
  Sources
• Operational Risks