Countryside Federal Credit Union

Countryside Federal Credit Union Locations

5720 Commons Park
East Syracuse, NY 13057
315-445-2300
www.countryside.org

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Countryside Federal Credit Union is headquartered in SYRACUSE and is the 59^th largest credit union in the state of New York. It is also the 1,205^th largest credit union in the nation. It was established in 1941 and as of December of 2012, it had grown to 15 employees and 9,124 members. Countryside Federal Credit Union has a 5-star health rating.

March Madness 1-Year Certificate Special at Countryside FCU in New York - Local Only - 3/12/2012

Countryside Federal Credit Union is again offering a special March Madness CD special. If you pick the right final four teams, you can get a 2.00% APY 1-year CD. If you don't get any picks right, you' ...

March Madness 1-Year CD Special at Countryside Federal Credit Union in New York - Local Only - 3/4/2011

Countryside Federal Credit Union is again offering a special March Madness CD special. If you pick the right final four teams, you can get a 2.41% APY 1-year CD. If you don't get any picks right, you' ...

March Madness 12-Month CD with Rates up to 2.70% at Countryside FCU in New York - Local Only - 3/11/2010

Countryside Federal Credit Union is again offering a special March Madness CD. If you pick the right teams, you can get a 2.70% APY 12-month CD. The details are listed at this credit union page . The ...

3.00% 12-Month CD at Countryside FCU in New York State - 2/20/2009

Countryside Federal Credit Union is having a February certificate special with a 3.00% APY and a 15-month term. Minimum deposit is $5,000. This special is listed in the credit union's front page, and the promotion page states that the offer is scheduled...

2007

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

Countryside Federal Credit Union Savings Account Rates

Apy	Min	Max	Product
0.08%	-	-	Club Savings
0.08%	-	-	IRA Daily Savings
0.08%	-	-	Roth IRA Daily Savings
0.08%	-	-	CESA Daily Savings
0.05%	$100	-	Savings

Countryside Federal Credit Union Money Market Rates

Apy	Min	Max	Product
0.20%	$25k	-	Money Market Account
0.13%	$25k	-	Money Market 'like' Checking Account

Countryside Federal Credit Union CD Rates

Apy	Min	Max	Product
1.25%	$500	-	60 Month CD
0.70%	$500	-	36 Month CD
0.65%	$500	-	24 Month CD
0.55%	$500	-	12 Month CD
0.45%	$500	-	6 Month CD

Countryside Federal Credit Union IRA Rates

Apy	Min	Max	Product
1.25%	$500	-	60 Month IRA
1.25%	$500	-	60 Month CESA
1.25%	$500	-	60 Month Roth IRA
0.70%	$500	-	36 Month CESA
0.70%	$500	-	36 Month IRA
0.70%	$500	-	36 Month Roth IRA
0.65%	$500	-	24 Month IRA
0.65%	$500	-	24 Month CESA
0.65%	$500	-	24 Month Roth IRA
0.55%	$500	-	12 Month IRA
0.55%	$500	-	12 Month CESA
0.55%	$500	-	12 Month Roth IRA
0.45%	$500	-	6 Month IRA
0.45%	$500	-	6 Month CESA
0.45%	$500	-	6 Month Roth IRA

Rates updated: 5/18/2013

Data for Q4 2012

Institution Statistics

COUNTRYSIDE
NCUA #	4745
BankRate Report	View
Year Chartered	1941
Employees	15
Primary Regulator
Assets and Liabilities
Assets	$133.44 million
Loans	$95.74 million
Deposits	$116.12 million
Equity Capital	$14.99 million
Loan Loss Allowance	$289,000
Unbacked Noncurrent Loans	$764,000
Real Estate Owned	$236,000
Historic Data - December 2011
Assets	$131.56 million
Equity Capital	$13.42 million
Loan Loss Allowance	$139,000
Unbacked Noncurrent Loans	$523,000
Real Estate Owned	$461,000
Profit Margin - Quarterly
Net Interest Margin	3.43%
Return on Assets	1.11%
Return on Equity	9.84%
Interest Income	$4.75 million
Non-Interest Income	$823,000

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 Countryside Federal Credit Union had $1,000,000 in non-current loans and owned real-estate with $15.28 million in equity and loan loss allowances on hand to cover it. This gives Countryside Federal Credit Union a Texas Ratio of 6.54% 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 Countryside Federal Credit Union held steady from 7.26% as of December 31, 2011 to 6.54% as of December 31, 2012, resulting in a positive change of 9.82%.This indicates that the balance sheet and financial strength for Countryside Federal Credit Union has held steady in recent periods.
Deposit Growth
In the past year, Countryside Federal Credit Union has increased its total deposits by $754,000, resulting in 0.65% 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 Countryside Federal 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. Countryside Federal Credit Union has $133.44 million in assets with $15.28 million in equity, resulting in a capitalization level of 11.45%, which is above average.