Holyoke Credit Union

490 Westfield Road
Holyoke, MA 01040
1-888-267-9379
www.holyokecu.com

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Holyoke Credit Union is headquartered in Holyoke and is the 45^th largest credit union in the state of Massachusetts. It is also the 1,125^th largest credit union in the nation. It was established in 1911 and as of December of 2011, it had grown to 36 employees and 15,374 members. Holyoke Credit Union has a 5-star health rating.

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

Holyoke Credit Union Checking Account Rates

	Apy	Min	Max	Product
	0.01%	-	-	NOW Checking Account

Holyoke Credit Union Savings Account Rates

Apy	Min	Max	Product
0.03%	-	-	All Purpose Club Account
0.03%	-	-	Vacation Club Account
0.03%	-	-	Christmas Club Account
0.03%	$20	-	Statement Savings Account

Holyoke Credit Union Money Market Rates

Apy	Min	Max	Product
0.50%	$75k	-	IRA Money Market Account
0.50%	$100k	-	Insured Money Market Account
0.20%	$50k	-	Mutual Money Market Account
0.10%	$20	-	Savers Money Market Account

Holyoke Credit Union CD Rates

Apy	Min	Max	Product
2.25%	$50k	-	60 Month Jumbo Relationship CD
2.10%	-	-	60 Month Relationship CD
2.00%	$50k	-	48 Month Jumbo Relationship CD
1.90%	-	-	54 Month Relationship CD
1.85%	-	-	60 Month CD
1.65%	-	-	48 Month Relationship CD
1.65%	-	-	54 Month CD
1.60%	$50k	-	36 Month Jumbo Relationship CD
1.55%	-	-	42 Month Relationship CD
1.40%	-	-	48 Month CD
1.30%	-	-	36 Month Relationship CD
1.30%	-	-	42 Month CD
1.30%	$50k	-	24 Month Jumbo Relationship CD
1.25%	-	-	30 Month Relationship CD
1.10%	-	-	24 Month Relationship CD
1.05%	-	-	36 Month CD
1.00%	-	-	30 Month CD
0.90%	-	-	21 Month Relationship CD
0.85%	-	-	24 Month CD
0.80%	-	-	18 Month Relationship CD
0.75%	-	-	15 Month Relationship CD
0.70%	-	-	12 Month Relationship CD
0.70%	-	-	21 Month CD
0.60%	-	-	18 Month CD
0.55%	-	-	15 Month CD
0.50%	-	-	9 Month Relationship CD
0.50%	-	-	12 Month CD
0.35%	-	-	6 Month Relationship CD
0.30%	-	-	9 Month CD
0.25%	-	-	3 Month Relationship CD
0.15%	-	-	6 Month CD
0.10%	-	-	3 Month CD

Holyoke Credit Union IRA Rates

Apy	Min	Max	Product
2.10%	-	-	60 Month Relationship IRA CD
2.10%	-	-	60 Month Relationship Roth IRA CD
2.10%	-	-	60 Month Relationship Coverdell ESA CD
1.90%	-	-	54 Month Relationship IRA CD
1.90%	-	-	54 Month Relationship Roth IRA CD
1.90%	-	-	54 Month Relationship Coverdell ESA CD
1.85%	-	-	60 Month IRA CD
1.85%	-	-	60 Month Roth IRA CD
1.85%	-	-	60 Month Coverdell ESA CD
1.65%	-	-	48 Month Relationship IRA CD
1.65%	-	-	54 Month IRA CD
1.65%	-	-	48 Month Relationship Roth IRA CD
1.65%	-	-	54 Month Roth IRA CD
1.65%	-	-	48 Month Relationship Coverdell ESA CD
1.65%	-	-	54 Month Coverdell ESA CD
1.55%	-	-	42 Month Relationship IRA CD
1.55%	-	-	42 Month Relationship Roth IRA CD
1.55%	-	-	42 Month Relationship Coverdell ESA CD
1.40%	-	-	48 Month IRA CD
1.40%	-	-	48 Month Roth IRA CD
1.40%	-	-	48 Month Coverdell ESA CD
1.30%	-	-	36 Month Relationship IRA CD
1.30%	-	-	42 Month IRA CD
1.30%	-	-	36 Month Relationship Roth IRA CD
1.30%	-	-	42 Month Roth IRA CD
1.30%	-	-	36 Month Relationship Coverdell ESA CD
1.30%	-	-	42 Month Coverdell ESA CD
1.25%	-	-	30 Month Relationship IRA CD
1.25%	-	-	30 Month Relationship Roth IRA CD
1.25%	-	-	30 Month Relationship Coverdell ESA CD
1.10%	-	-	24 Month Relationship IRA CD
1.10%	-	-	24 Month Relationship Roth IRA CD
1.10%	-	-	24 Month Relationship Coverdell ESA CD
1.05%	-	-	36 Month IRA CD
1.05%	-	-	36 Month Roth IRA CD
1.05%	-	-	36 Month Coverdell ESA CD
1.00%	-	-	30 Month IRA CD
1.00%	-	-	30 Month Roth IRA CD
1.00%	-	-	30 Month Coverdell ESA CD
0.90%	-	-	21 Month Relationship IRA CD
0.90%	-	-	21 Month Relationship Roth IRA CD
0.90%	-	-	21 Month Relationship Coverdell ESA CD
0.85%	-	-	24 Month IRA CD
0.85%	-	-	24 Month Roth IRA CD
0.85%	-	-	24 Month Coverdell ESA CD
0.80%	-	-	18 Month Relationship IRA CD
0.80%	-	-	18 Month Relationship Roth IRA CD
0.80%	-	-	18 Month Relationship Coverdell ESA CD
0.75%	-	-	15 Month Relationship IRA CD
0.75%	-	-	15 Month Relationship Roth IRA CD
0.75%	-	-	15 Month Relationship Coverdell ESA CD
0.70%	-	-	12 Month Relationship IRA CD
0.70%	-	-	21 Month IRA CD
0.70%	-	-	12 Month Relationship Roth IRA CD
0.70%	-	-	21 Month Roth IRA CD
0.70%	-	-	12 Month Relationship Coverdell ESA CD
0.70%	-	-	21 Month Coverdell ESA CD
0.60%	-	-	18 Month IRA CD
0.60%	-	-	18 Month Roth IRA CD
0.60%	-	-	18 Month Coverdell ESA CD
0.55%	-	-	15 Month IRA CD
0.55%	-	-	15 Month Roth IRA CD
0.55%	-	-	15 Month Coverdell ESA CD
0.50%	-	-	9 Month Relationship IRA CD
0.50%	-	-	12 Month IRA CD
0.50%	-	-	9 Month Relationship Roth IRA CD
0.50%	-	-	12 Month Roth IRA CD
0.50%	-	-	9 Month Relationship Coverdell ESA CD
0.50%	-	-	12 Month Coverdell ESA CD
0.35%	-	-	6 Month Relationship IRA CD
0.35%	-	-	6 Month Relationship Roth IRA CD
0.35%	-	-	6 Month Relationship Coverdell ESA CD
0.30%	-	-	9 Month IRA CD
0.30%	-	-	9 Month Roth IRA CD
0.30%	-	-	9 Month Coverdell ESA CD
0.25%	-	-	3 Month Relationship IRA CD
0.25%	-	-	3 Month Relationship Roth IRA CD
0.25%	-	-	3 Month Relationship Coverdell ESA CD
0.15%	-	-	6 Month IRA CD
0.15%	-	-	6 Month Roth IRA CD
0.15%	-	-	6 Month Coverdell ESA CD
0.10%	-	-	3 Month IRA CD
0.10%	-	-	3 Month Roth IRA CD
0.10%	-	-	3 Month Coverdell ESA CD

Rates updated: 5/25/2012

Data for Q4 2011

Institution Statistics

HOLYOKE
NCUA #	67875
BankRate Report	View
Year Chartered	1911
Employees	36
Primary Regulator
Assets and Liabilities
Assets	$139.77 million
Loans	$84.88 million
Deposits	$91.78 million
Equity Capital	$14.30 million
Loan Loss Allowance	$452,000
Unbacked Noncurrent Loans	$545,000
Historic Data - December 2010
Assets	$134.87 million
Equity Capital	$13.64 million
Loan Loss Allowance	$435,000
Unbacked Noncurrent Loans	$889,000
Real Estate Owned	$83,000
Profit Margin - Quarterly
Net Interest Margin	4.98%
Return on Assets	0.34%
Return on Equity	3.34%
Interest Income	$5.26 million
Non-Interest Income	$2.59 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 December 31, 2011 Holyoke Credit Union had $545,000 in non-current loans and owned real-estate with $14.75 million in equity and loan loss allowances on hand to cover it. This gives Holyoke Credit Union a Texas Ratio of 3.69% 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 Holyoke Credit Union decreased significantly from 6.90% as of December 31, 2010 to 3.69% as of December 31, 2011, resulting in a positive change of 46.49%.This indicates that the balance sheet and financial strength for Holyoke Credit Union has improved significantly in recent periods.
Deposit Growth
In the past year, Holyoke Credit Union has decreased its total deposits by -$2.87 million, resulting in -3.03% 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 Holyoke 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. Holyoke Credit Union has $139.77 million in assets with $14.75 million in equity, resulting in a capitalization level of 10.55%, which is above average.

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