Genesee Co-Op Credit Union

Genesee Co-Op Credit Union is headquartered in ROCHESTER and is the 227^th largest credit union in the state of New York. It is also the 4,366^th largest credit union in the nation. It was established in 1981 and as of December of 2011, it had grown to 7 employees and 2,820 members. Genesee Co-Op Credit Union's savings rates are 6X the national average, and it has a 4-star health rating.

Genesee Co-Op Credit Union Savings Account Rates

Genesee Co-Op Credit Union CD Rates

Data for Q4 2011

Institution Statistics GENESEE CO-OP NCUA # 23848 BankRate Report View Year Chartered 1981 Employees 7 Primary Regulator Assets and Liabilities Assets $11.79 million Loans $7.73 million Deposits $10.34 million Equity Capital $720,000 Loan Loss Allowance $46,000 Unbacked Noncurrent Loans $156,000 Historic Data - December 2010 Assets $10.04 million Equity Capital $608,000 Loan Loss Allowance $48,000 Unbacked Noncurrent Loans $237,000 Profit Margin - Quarterly Net Interest Margin 6.18% Return on Assets 0.94% Return on Equity 15.42% Interest Income $502,000 Non-Interest Income $286,000

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 Genesee Co-Op Credit Union had $156,000 in non-current loans and owned real-estate with $766,000 in equity and loan loss allowances on hand to cover it. This gives Genesee Co-Op Credit Union a Texas Ratio of 20.37% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Genesee Co-Op Credit Union decreased significantly from 36.13% as of December 31, 2010 to 20.37% as of December 31, 2011, resulting in a positive change of 43.63%.This indicates that the balance sheet and financial strength for Genesee Co-Op Credit Union has improved significantly in recent periods. Deposit Growth In the past year, Genesee Co-Op Credit Union has increased its total deposits by $1.84 million, resulting in 21.73% 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 Genesee Co-Op Credit Union 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. Genesee Co-Op Credit Union has $11.79 million in assets with $766,000 in equity, resulting in a capitalization level of 6.50%, which is below average.

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