Geddes Federal Savings and Loan Association

Geddes Federal Savings and Loan Association Locations

2208 West Genesee St
Syracuse, NY 13219
[315] 468-6281
www.geddesfederal.com

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Geddes Federal Savings and Loan Association is headquartered in Syracuse and is the 84^th largest bank in the state of New York. It is also the 1,411^st largest bank in the nation. It was established in 1948 and as of September of 2011, it had grown to 37 employees at 1 location. Geddes Federal Savings and Loan Association has a 5-star health rating.

Top Rates for CDs, IRAs and Money Market Account at Geddes Federal Savings in NY - Local Only - 3/29/2010

Geddes Federal Savings and Loan Association is offering some competitive CDs and IRA CDs. The best regular CD has a 2.25% APY for a 25-month term. Other competitive ones include a 2.15% APY 20-month ...

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

Geddes Federal Savings and Loan Association Checking Account Rates

Apy	Min	Max	Product
0.45%	$25	-	Super NOW Checking
0.35%	$25	-	NOW Checking

Geddes Federal Savings and Loan Association Savings Account Rates

Apy	Min	Max	Product
0.30%	$25	-	Passbook Savings
0.30%	$25	-	Statement Savings

Geddes Federal Savings and Loan Association Money Market Rates

	Apy	Min	Max	Product
	0.90%	$50k	-	Money Market Deposit Account

Geddes Federal Savings and Loan Association CD Rates

Apy	Min	Max	Product
2.10%	$500	-	60 Month CD
1.75%	$500	-	48 Month CD
1.45%	$500	-	36 Month CD
1.35%	$500	-	25 Month CD
1.35%	$500	-	26 Month CD
1.25%	$500	-	30 Month CD
1.15%	$500	-	20 Month CD
1.15%	$500	-	24 Month CD
0.80%	$500	-	18 Month CD
0.70%	$500	-	13 Month CD
0.65%	$500	-	12 Month CD
0.55%	$500	-	9 Month CD
0.40%	$500	-	6 Month CD
0.30%	$500	-	4 Month CD

Geddes Federal Savings and Loan Association IRA Rates

Apy	Min	Max	Product
2.35%	$500	-	60 Month IRA
2.35%	$500	-	60 Month Roth IRA
2.00%	$500	-	48 Month IRA
2.00%	$500	-	48 Month Roth IRA
1.70%	$500	-	36 Month IRA
1.70%	$500	-	36 Month Roth IRA
1.60%	$500	-	25 Month IRA
1.60%	$500	-	26 Month IRA
1.60%	$500	-	25 Month Roth IRA
1.60%	$500	-	26 Month Roth IRA
1.50%	$500	-	30 Month IRA
1.50%	$500	-	30 Month Roth IRA
1.40%	$500	-	20 Month IRA
1.40%	$500	-	24 Month IRA
1.40%	$500	-	20 Month Roth IRA
1.40%	$500	-	24 Month Roth IRA
1.05%	$500	-	18 Month IRA
1.05%	$500	-	18 Month Roth IRA
0.95%	$500	-	13 Month IRA
0.95%	$500	-	13 Month Roth IRA
0.90%	$500	-	12 Month IRA
0.90%	$25	-	18 Month Variable Interest Rate IRA
0.90%	$500	-	12 Month Roth IRA
0.90%	$25	-	18 Month Variable Interest Rate Roth IRA

Rates updated: 2/11/2012

Data for Q3 2011

Institution Statistics

Geddes Federal Savings and Loan Association
OTS #	05278
FDIC Certificate #	30397
BankRate Report	View
Year Established	1948
Employees	37
Primary Regulator	OCC
Assets and Liabilities
Assets	$473.62 million
Loans	$425.31 million
Deposits	$413.11 million
Equity Capital	$60.26 million
Loan Loss Allowance	$689,000
Unbacked Noncurrent Loans	$1.60 million
Real Estate Owned	$235,000
Historic Data - September 2010
Assets	$458.20 million
Equity Capital	$56.03 million
Loan Loss Allowance	$624,000
Unbacked Noncurrent Loans	$1.36 million
Real Estate Owned	$111,000
Profit Margin - Quarterly
Net Interest Margin	2.89%
Return on Assets	0.92%
Return on Equity	7.3%
Interest Income	$16.02 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 September 30, 2011 Geddes Federal Savings and Loan Association had $1.84 million in non-current loans and owned real-estate with $60.95 million in equity and loan loss allowances on hand to cover it. This gives Geddes Federal Savings and Loan Association a Texas Ratio of 3.02% 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 Geddes Federal Savings and Loan Association held steady from 2.60% as of September 30, 2010 to 3.02% as of September 30, 2011, resulting in a negative change of 15.90%. This indicates that the balance sheet and financial strength for Geddes Federal Savings and Loan Association has held steady in recent periods.
Deposit Growth
In the past year, Geddes Federal Savings and Loan Association has increased its total deposits by $16.2 million, resulting in 4.08% 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 Geddes Federal Savings and Loan Association 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. Geddes Federal Savings and Loan Association has $473.62 million in assets with $60.95 million in equity, resulting in a capitalization level of 12.87%, which is excellent.