Community Resource Credit Union

Community Resource Credit Union Locations

20 Wade Rd.
Latham, NY 12110
(518) 783-2211
www.communityresource.coop

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Community Resource Credit Union is headquartered in LATHAM and is the 88^th largest credit union in the state of New York. It is also the 1,903^rd largest credit union in the nation. It was established in 1935 and as of December of 2011, it had grown to 20 employees and 6,049 members. Community Resource Credit Union has a 4-star health rating.

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

Community Resource Credit Union Checking Account Rates

	Apy	Min	Max	Product
	0.25%	$2,500	-	Energized Checking Account

Community Resource Credit Union Savings Account Rates

Apy	Min	Max	Product
0.50%	$50k	-	Scottie Savers Youth Savings Account
0.40%	$50k	-	IRA Share Account
0.40%	$50k	-	Roth IRA Share Account
0.40%	$50k	-	CESA Share Account
0.25%	$10k	-	Share Savings Account
0.25%	$10k	-	Holiday Clubs Share Savings Account
0.25%	$10k	-	Special Clubs Share Savings Account
0.25%	$10k	-	Vacation Clubs Share Savings Account
0.25%	$10k	-	Business Share Savings Account

Community Resource Credit Union Money Market Rates

Apy	Min	Max	Product
0.40%	$50k	-	Insured Money Market Account
0.40%	$50k	-	Business Insured Money Market Account

Community Resource Credit Union CD Rates

Apy	Min	Max	Product
1.87%	$500	-	60 Month Share Certificate
1.36%	$500	-	48 Month Share Certificate
1.16%	$5k	-	39 Month Member Select Share Certificate
1.01%	$500	-	36 Month Share Certificate
0.90%	$5k	-	30 Month Member Select Share Certificate
0.70%	$500	-	24 Month Share Certificate
0.65%	$100	-	1 Year Scottie Saver Share Certificate
0.65%	$100	-	1 Year Money Rules! Share Certificate
0.55%	$5k	-	18 Month Member Select Share Certificate
0.55%	$5k	-	21 Month Member Select Share Certificate
0.40%	$500	-	6 Month Share Certificate
0.40%	$500	-	12 Month Share Certificate
0.40%	$5k	-	15 Month Member Select Share Certificate

Community Resource Credit Union IRA Rates

Apy	Min	Max	Product
1.87%	$500	-	60 Month IRA Share Certificate
1.87%	$500	-	60 Month Roth IRA Share Certificate
1.87%	$500	-	60 Month CESA Share Certificate
1.36%	$500	-	48 Month IRA Share Certificate
1.36%	$500	-	48 Month Roth IRA Share Certificate
1.36%	$500	-	48 Month CESA Share Certificate
1.16%	$5k	-	39 Month Member Select IRA Share Certificate
1.16%	$5k	-	39 Month Member Select Roth IRA Share Certificate
1.16%	$5k	-	39 Month Member Select CESA Share Certificate
1.01%	$500	-	36 Month IRA Share Certificate
1.01%	$500	-	36 Month Roth IRA Share Certificate
1.01%	$500	-	36 Month CESA Share Certificate
0.90%	$5k	-	30 Month Member Select IRA Share Certificate
0.90%	$5k	-	30 Month Member Select Roth IRA Share Certificate
0.90%	$5k	-	30 Month Member Select CESA Share Certificate
0.70%	$500	-	24 Month IRA Share Certificate
0.70%	$500	-	24 Month Roth IRA Share Certificate
0.70%	$500	-	24 Month CESA Share Certificate
0.55%	$5k	-	18 Month Member Select IRA Share Certificate
0.55%	$5k	-	21 Month Member Select IRA Share Certificate
0.55%	$5k	-	18 Month Member Select Roth IRA Share Certificate
0.55%	$5k	-	21 Month Member Select Roth IRA Share Certificate
0.55%	$5k	-	18 Month Member Select CESA Share Certificate
0.55%	$5k	-	21 Month Member Select CESA Share Certificate
0.40%	$500	-	6 Month IRA Share Certificate
0.40%	$500	-	12 Month IRA Share Certificate
0.40%	$500	-	6 Month Roth IRA Share Certificate
0.40%	$500	-	12 Month Roth IRA Share Certificate
0.40%	$500	-	6 Month CESA Share Certificate
0.40%	$500	-	12 Month CESA Share Certificate
0.40%	$5k	-	15 Month Member Select IRA Share Certificate
0.40%	$5k	-	15 Month Member Select Roth IRA Share Certificate
0.40%	$5k	-	15 Month Member Select CESA Share Certificate

Rates updated: 5/24/2012

Data for Q4 2011

Institution Statistics

COMMUNITY RESOURCE
NCUA #	770
BankRate Report	View
Year Chartered	1935
Employees	20
Primary Regulator
Assets and Liabilities
Assets	$64.92 million
Loans	$42.79 million
Deposits	$58.24 million
Equity Capital	$6.36 million
Loan Loss Allowance	$651,000
Unbacked Noncurrent Loans	$742,000
Historic Data - December 2010
Assets	$63.88 million
Equity Capital	$5.38 million
Loan Loss Allowance	$637,000
Unbacked Noncurrent Loans	$349,000
Profit Margin - Quarterly
Net Interest Margin	6.99%
Return on Assets	1.58%
Return on Equity	16.07%
Interest Income	$3.93 million
Non-Interest Income	$616,000

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 Community Resource Credit Union had $742,000 in non-current loans and owned real-estate with $7.02 million in equity and loan loss allowances on hand to cover it. This gives Community Resource Credit Union a Texas Ratio of 10.58% 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 Community Resource Credit Union held steady from 5.80% as of December 31, 2010 to 10.58% as of December 31, 2011, resulting in a negative change of 82.33%. This indicates that the balance sheet and financial strength for Community Resource Credit Union has held steady in recent periods.
Deposit Growth
In the past year, Community Resource Credit Union has increased its total deposits by $69,000, resulting in 0.12% 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 Community Resource Credit Union has shown is 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. Community Resource Credit Union has $64.92 million in assets with $7.02 million in equity, resulting in a capitalization level of 10.81%, which is above average.

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