Eastern New York Federal Credit Union

Eastern New York Federal Credit Union is headquartered in NAPANOCH and is the 100^th largest credit union in the state of New York. It is also the 2,202^nd largest credit union in the nation. It was established in 1961 and as of September of 2011, it had grown to 19 employees and 6,865 members. Eastern New York Federal Credit Union has a 2-star health rating.

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Data for Q3 2011

Institution Statistics EASTERN NEW YORK NCUA # 14693 BankRate Report View Year Established 1961 Employees 19 Primary Regulator Assets and Liabilities Assets $51.79 million Loans $31.78 million Deposits $50.87 million Equity Capital $756,000 Loan Loss Allowance $640,000 Unbacked Noncurrent Loans $451,000 Historic Data - September 2010 Assets $55.03 million Equity Capital $2.48 million Loan Loss Allowance $486,000 Unbacked Noncurrent Loans $834,000 Profit Margin - Quarterly Net Interest Margin 4.81% Return on Assets -1.42% Return on Equity -97.18% Interest Income $1.81 million Non-Interest Income $616,000

Institution Health Overall Score: 2 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 September 30, 2011 Eastern New York Federal Credit Union had $451,000 in non-current loans and owned real-estate with $1.4 million in equity and loan loss allowances on hand to cover it. This gives Eastern New York Federal Credit Union a Texas Ratio of 32.31% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Eastern New York Federal Credit Union held steady from 28.13% as of September 30, 2010 to 32.31% as of September 30, 2011, resulting in a negative change of 14.85%. This indicates that the balance sheet and financial strength for Eastern New York Federal Credit Union has held steady in recent periods. Deposit Growth In the past year, Eastern New York Federal Credit Union has decreased its total deposits by -$1.35 million, resulting in -2.58% 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 Eastern New York Federal Credit Union has shown is below 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. Eastern New York Federal Credit Union has $51.79 million in assets with $1.4 million in equity, resulting in a capitalization level of 2.70%, which is poor.

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