A C M G Credit Union

A C M G Credit Union is headquartered in Solvay and is the 102^nd largest credit union in the state of New York. It is also the 2,228^th largest credit union in the nation. It was established in 1953 and as of December of 2011, it had grown to 20 employees and 7,720 members. A C M G Credit Union has a 4-star health rating.

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A C M G Credit Union IRA Rates

Data for Q4 2011

Institution Statistics A C M G NCUA # 8512 BankRate Report View Year Chartered 1953 Employees 20 Primary Regulator Assets and Liabilities Assets $50.40 million Loans $31.90 million Deposits $46.35 million Equity Capital $3.56 million Loan Loss Allowance $520,000 Unbacked Noncurrent Loans $314,000 Real Estate Owned $25,000 Historic Data - December 2010 Assets $48.08 million Equity Capital $3.21 million Loan Loss Allowance $497,000 Unbacked Noncurrent Loans $448,000 Real Estate Owned $4,000 Profit Margin - Quarterly Net Interest Margin 7.02% Return on Assets 0.66% Return on Equity 9.42% Interest Income $2.59 million Non-Interest Income $1.20 million

Institution Health Overall Score: 4 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 A C M G Credit Union had $339,000 in non-current loans and owned real-estate with $4.08 million in equity and loan loss allowances on hand to cover it. This gives A C M G Credit Union a Texas Ratio of 8.31% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for A C M G Credit Union decreased slightly from 12.21% as of December 31, 2010 to 8.31% as of December 31, 2011, resulting in a positive change of 31.92%.This indicates that the balance sheet and financial strength for A C M G Credit Union has improved slightly in recent periods. Deposit Growth In the past year, A C M G Credit Union has increased its total deposits by $1.9 million, resulting in 4.28% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth A C M G Credit Union has shown is above average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. A C M G Credit Union has $50.4 million in assets with $4.08 million in equity, resulting in a capitalization level of 8.09%, which is average.

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