Average User Rating:
1.5 star rating based on 2 reviews.

Americu

1916 Black River Blvd
Rome, NY 13440
315.356.3000
www.americu.org

NCUA

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Americu is headquartered in Rome and is the 12^st largest credit union in the state of New York. It is also the 164^th largest credit union in the nation. It was established in 1978 and as of December of 2012, it had grown to 246 employees and 115,470 members. Americu's savings rates are 3X the national average, and it boasts a 5-star health rating.

Americu Routing Number: 221375802

Competitive CD and IRA CD Rates at AmeriCU in New York - Local Only - 11/16/2011

AmeriCU Credit Union is offering several top CD and IRA CD rates, but there's a catch. The highest rates require the partner relationship. If you meet this requirement, you can qualify for a CD yield ...

Competitive Long-Term CD and IRA CD Rates at AmeriCU in NY - 9/21/2010

AmeriCU Credit Union is offering a competitive rates for its long-term CDs and IRA CDs. These include a 3.05% APY 5-year CD, a 2.70% APY 4-year CD and a 2.40% APY 3-year CD. Minimum deposit is $500. T ...

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See Rates for: Checking | Savings | Money Market | CD | IRA

Americu Checking Account Rates

Apy	Min	Max	Product
0.65%	$25k	-	Prestigious Checking
0.50%	$2,500	-	Performance Checking
0.50%	$500	-	Privileged Checking
0.50%	$25k	-	Select Business Premier Checking
0.30%	$2,500	-	Select Business Value Checking
0.15%	-	-	Select Business Freedom Checking

Americu Savings Account Rates

Apy	Min	Max	Product
2.20%	$100k	-	HSA Checking
2.20%	$100k	-	HSA Savings
0.75%	$50	-	Secured Visa Savings Share
0.60%	$5k	-	IRA Savings Account
0.60%	$5k	-	Roth IRA Savings Account
0.60%	$5k	-	Coverdell ESA
0.45%	$2,500	-	Share Savings
0.45%	$2,500	-	Rising Stars Club
0.45%	$2,500	-	Stars & Stripes Club
0.45%	$2,500	-	Vacation Club
0.45%	$2,500	-	Holiday Club
0.35%	$5k	-	Select Business Savings Account

Americu Money Market Rates

Apy	Min	Max	Product
0.60%	$100k	-	Money Market Savings
0.60%	$100k	-	Select Business Tiered Money Market Account

Americu CD Rates

Apy	Min	Max	Product
2.46%	$500	-	60 - 72 Month Partner Certificate
2.26%	$500	-	48 - 59 Month Partner Certificate
2.21%	$500	-	60 - 72 Month Connect Plus Certificate
2.06%	$500	-	36 - 47 Month Partner Certificate
2.05%	$500	-	60 - 72 Month Flex/Connect Certificate
2.00%	$500	-	48 - 59 Month Connect Plus Certificate
1.95%	$500	-	60 - 72 Month Core Certificate
1.85%	$500	-	48 - 59 Month Flex/Connect Certificate
1.80%	$500	-	36 - 47 Month Connect Plus Certificate
1.75%	$500	-	48 - 59 Month Core Certificate
1.65%	$500	-	36 - 47 Month Flex/Connect Certificate
1.61%	$1k	-	24 - 35 Month Partner Certificate
1.55%	$500	-	36 - 47 Month Core Certificate
1.36%	$100k	-	12 Month Jumbo Partner Certificate
1.35%	$1k	-	24 - 35 Month Connect Plus Certificate
1.30%	$1k	-	12 - 23 Month Partner Certificate
1.20%	$1k	-	24 - 35 Month Flex/Connect Certificate
1.15%	$50	-	3 - 12 Month Dedicated Saver Partner Certificate
1.15%	$100k	-	6 Month Jumbo Partner Certificate
1.10%	$1k	-	24 - 35 Month Core Certificate
1.10%	$1k	-	6 - 11 Month Partner Certificate
1.10%	$100k	-	12 Month Jumbo Connect Plus Certificate
1.05%	$1k	-	12 - 23 Month Connect Plus Certificate
0.95%	$100k	-	12 Month Jumbo Flex/Connect Certificate
0.95%	$1k	-	3 - 5 Month Partner Certificate
0.95%	$100k	-	3 Month Jumbo Partner Certificate
0.90%	$1k	-	12 - 23 Month Flex/Connect Certificate
0.90%	$50	-	3 - 12 Month Dedicated Saver Connect Plus Certificate
0.90%	$100k	-	6 Month Jumbo Connect Plus Certificate
0.85%	$100k	-	12 Month Jumbo Core Certificate
0.85%	$1k	-	32 - 89 Day Partner Certificate
0.85%	$1k	-	6 - 11 Month Connect Plus Certificate
0.80%	$1k	-	12 - 23 Month Core Certificate
0.80%	$1k	-	12 - 23 Month Select Business Certificate
0.75%	$50	-	3 - 12 Month Dedicated Saver Flex/Connect Certificate
0.75%	$100k	-	6 Month Jumbo Flex/Connect Certificate
0.70%	$1k	-	6 - 11 Month Flex/Connect Certificate
0.70%	$1k	-	3 - 5 Month Connect Plus Certificate
0.70%	$100k	-	3 Month Jumbo Connect Plus Certificate
0.65%	$100k	-	6 Month Jumbo Core Certificate
0.65%	$50	-	3 - 12 Month Dedicated Saver Core Certificate
0.60%	$1k	-	6 - 11 Month Core Certificate
0.60%	$1k	-	32 - 89 Day Connect Plus Certificate
0.60%	$1k	-	6 - 11 Month Select Business Certificate
0.55%	$1k	-	3 - 5 Month Flex/Connect Certificate
0.55%	$100k	-	3 Month Jumbo Flex/Connect Certificate
0.45%	$1k	-	3 - 5 Month Core Certificate
0.45%	$100k	-	3 Month Jumbo Core Certificate
0.45%	$1k	-	32 - 89 Day Flex/Connect Certificate
0.45%	$1k	-	3 - 5 Month Select Business Certificate
0.35%	$1k	-	32 - 89 Day Core Certificate
0.35%	$1k	-	32 - 89 Day Select Business Certificate

Americu IRA Rates

Apy	Min	Max	Product
2.46%	$500	-	60 - 72 Month Partner IRA Certificate
2.46%	$500	-	60 - 72 Month Partner Roth IRA Certificate
2.46%	$500	-	60 - 72 Month Partner CESA Certificate
2.26%	$500	-	48 - 59 Month Partner IRA Certificate
2.26%	$500	-	48 - 59 Month Partner Roth IRA Certificate
2.26%	$500	-	48 - 59 Month Partner CESA Certificate
2.21%	$500	-	60 - 72 Month Connect Plus IRA Certificate
2.21%	$500	-	60 - 72 Month Connect Plus Roth IRA Certificate
2.21%	$500	-	60 - 72 Month Connect Plus CESA Certificate
2.06%	$500	-	36 - 47 Month Partner IRA Certificate
2.06%	$500	-	36 - 47 Month Partner Roth IRA Certificate
2.06%	$500	-	36 - 47 Month Partner CESA Certificate
2.05%	$500	-	60 - 72 Month Flex/Connect IRA Certificate
2.05%	$500	-	60 - 72 Month Flex/Connect Roth IRA Certificate
2.05%	$500	-	60 - 72 Month Flex/Connect CESA Certificate
2.00%	$500	-	48 - 59 Month Connect Plus IRA Certificate
2.00%	$500	-	48 - 59 Month Connect Plus Roth IRA Certificate
2.00%	$500	-	48 - 59 Month Connect Plus CESA Certificate
1.95%	$500	-	60 - 72 Month Core IRA Certificate
1.95%	$500	-	60 - 72 Month Core Roth IRA Certificate
1.95%	$500	-	60 - 72 Month Core CESA Certificate
1.85%	$500	-	48 - 59 Month Flex/Connect IRA Certificate
1.85%	$500	-	48 - 59 Month Flex/Connect Roth IRA Certificate
1.85%	$500	-	48 - 59 Month Flex/Connect CESA Certificate
1.80%	$500	-	36 - 47 Month Connect Plus IRA Certificate
1.80%	$500	-	36 - 47 Month Connect Plus Roth IRA Certificate
1.80%	$500	-	36 - 47 Month Connect Plus CESA Certificate
1.75%	$500	-	48 - 59 Month Core IRA Certificate
1.75%	$500	-	48 - 59 Month Core Roth IRA Certificate
1.75%	$500	-	48 - 59 Month Core CESA Certificate
1.65%	$500	-	36 - 47 Month Flex/Connect IRA Certificate
1.65%	$500	-	36 - 47 Month Flex/Connect Roth IRA Certificate
1.65%	$500	-	36 - 47 Month Flex/Connect CESA Certificate
1.61%	$1k	-	24 - 35 Month Partner IRA Certificate
1.61%	$1k	-	24 - 35 Month Partner Roth IRA Certificate
1.61%	$1k	-	24 - 35 Month Partner CESA Certificate
1.55%	$500	-	36 - 47 Month Core IRA Certificate
1.55%	$500	-	36 - 47 Month Core Roth IRA Certificate
1.55%	$500	-	36 - 47 Month Core CESA Certificate
1.35%	$1k	-	24 - 35 Month Connect Plus IRA Certificate
1.35%	$1k	-	24 - 35 Month Connect Plus Roth IRA Certificate
1.35%	$1k	-	24 - 35 Month Connect Plus CESA Certificate
1.30%	$1k	-	12 - 23 Month Partner IRA Certificate
1.30%	$1k	-	12 - 23 Month Partner Roth IRA Certificate
1.30%	$1k	-	12 - 23 Month Partner CESA Certificate
1.20%	$1k	-	24 - 35 Month Flex/Connect IRA Certificate
1.20%	$1k	-	24 - 35 Month Flex/Connect Roth IRA Certificate
1.20%	$1k	-	24 - 35 Month Flex/Connect CESA Certificate
1.10%	$1k	-	6 - 11 Month Partner IRA Certificate
1.10%	$1k	-	24 - 35 Month Core IRA Certificate
1.10%	$1k	-	6 - 11 Month Partner Roth IRA Certificate
1.10%	$1k	-	24 - 35 Month Core Roth IRA Certificate
1.10%	$1k	-	6 - 11 Month Partner CESA Certificate
1.10%	$1k	-	24 - 35 Month Core CESA Certificate
1.05%	$1k	-	12 - 23 Month Connect Plus IRA Certificate
1.05%	$1k	-	12 - 23 Month Connect Plus Roth IRA Certificate
1.05%	$1k	-	12 - 23 Month Connect Plus CESA Certificate
0.95%	$1k	-	3 - 5 Month Partner IRA Certificate
0.95%	$1k	-	3 - 5 Month Partner Roth IRA Certificate
0.95%	$1k	-	3 - 5 Month Partner CESA Certificate
0.90%	$1k	-	12 - 23 Month Flex/Connect IRA Certificate
0.90%	$1k	-	12 - 23 Month Flex/Connect Roth IRA Certificate
0.90%	$1k	-	12 - 23 Month Flex/Connect CESA Certificate
0.85%	$1k	-	6 - 11 Month Connect Plus IRA Certificate
0.85%	$1k	-	6 - 11 Month Connect Plus Roth IRA Certificate
0.85%	$1k	-	6 - 11 Month Connect Plus CESA Certificate
0.80%	$1k	-	12 - 23 Month Core IRA Certificate
0.80%	$1k	-	12 - 23 Month Core Roth IRA Certificate
0.80%	$1k	-	12 - 23 Month Core CESA Certificate
0.70%	$1k	-	3 - 5 Month Connect Plus IRA Certificate
0.70%	$1k	-	6 - 11 Month Flex/Connect IRA Certificate
0.70%	$1k	-	3 - 5 Month Connect Plus Roth IRA Certificate
0.70%	$1k	-	6 - 11 Month Flex/Connect Roth IRA Certificate
0.70%	$1k	-	3 - 5 Month Connect Plus CESA Certificate
0.70%	$1k	-	6 - 11 Month Flex/Connect CESA Certificate
0.60%	$1k	-	6 - 11 Month Core IRA Certificate
0.60%	$1k	-	6 - 11 Month Core Roth IRA Certificate
0.60%	$1k	-	6 - 11 Month Core CESA Certificate
0.55%	$1k	-	3 - 5 Month Flex/Connect IRA Certificate
0.55%	$1k	-	3 - 5 Month Flex/Connect Roth IRA Certificate
0.55%	$1k	-	3 - 5 Month Flex/Connect CESA Certificate
0.45%	$1k	-	3 - 5 Month Core IRA Certificate
0.45%	$1k	-	3 - 5 Month Core Roth IRA Certificate
0.45%	$1k	-	3 - 5 Month Core CESA Certificate

Rates updated: 5/22/2013

Data for Q4 2012

Institution Statistics

AMERICU
NCUA #	68433
BankRate Report	View
Year Chartered	1978
Employees	246
Primary Regulator
Assets and Liabilities
Assets	$1.16 billion
Loans	$982.08 million
Deposits	$1.05 billion
Equity Capital	$96.99 million
Loan Loss Allowance	$5.17 million
Unbacked Noncurrent Loans	$6.24 million
Real Estate Owned	$1.04 million
Historic Data - December 2011
Assets	$1.01 billion
Equity Capital	$84.12 million
Loan Loss Allowance	$5.61 million
Unbacked Noncurrent Loans	$7.21 million
Real Estate Owned	$964,000
Profit Margin - Quarterly
Net Interest Margin	3.22%
Return on Assets	1.11%
Return on Equity	13.28%
Interest Income	$42.91 million
Non-Interest Income	$22.85 million

Institution Health

Overall Score:

5 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, 2012 Americu had $7.28 million in non-current loans and owned real-estate with $102.16 million in equity and loan loss allowances on hand to cover it. This gives Americu a Texas Ratio of 7.13% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Americu decreased slightly from 9.11% as of December 31, 2011 to 7.13% as of December 31, 2012, resulting in a positive change of 21.76%.This indicates that the balance sheet and financial strength for Americu has improved slightly in recent periods.
Deposit Growth
In the past year, Americu has increased its total deposits by $139.84 million, resulting in 15.34% 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 Americu has shown is excellent.
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. Americu has $1.16 billion in assets with $102.16 million in equity, resulting in a capitalization level of 8.80%, which is average.

Ok, But There Are Issues
2 stars

- whatever - Friday, August 31, 2012 - 7:15 AM

Sure, enticing interest rate on your Savings account (but still under 1% return!) After 3years of being an account holder, primarily using checking, savings and bill payer features. Have had to ask about suspicious math, transacttions that did not show up on monthly statements, and math error # 3 showed up and I am done. I don't watch my bank that closely, and I caught SIMPLE math errors (200 x 3 = 600 right?...not according to Americu). Their bill payer requires 5-7 days notice to schedule a payment...other bill payer sites are 1 day! Yes really! Credit Unions I mean to say....luckily I have had 2 accounts in parallel and can clearly see the difference. americu, I wanted to give the medium size guy a chance... goodbye.

The Last Place You Want To Go For Your Mortgage
1 stars

- Leo_Martinez - Monday, June 25, 2012 - 11:23 PM

AmeriCu is a small bank, and they will drag you for 6 months or more to close on a mortgage even if your credit is A1, or even if your loan amount is very low,

My friend has 750 credit score, he bought a single family home for $45,000 put 20% down payment, and the loan amount was just $36,000.

AmiriCU literally torture the guy, it was a never ending process and they kept asking him documents to no end, and every few weeks he had to provide them the current pay stubs again and again.

not only that but they also asked him many document that were not even mentioned on the commitment letter.

AmeriCU's closing attorneys Mr. John Nasto / Mike Oshins are even worse, each morning he is raising new requirements for the buyer and the SELLER, and drag the process for MONTHS.

If you want to save headache and do not want to waste your time, stay away from AmeriCU when it comes to mortgage. stick to the big banks.

Americu

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