Kolmar N Y Employees Credit Union

Kolmar N Y Employees Credit Union is headquartered in Port Jervis and is the 349^th largest credit union in the state of New York. It is also the 6,360^th largest credit union in the nation. It was established in 1955 and as of December of 2011, it had grown to 2 employees and 864 members. Kolmar N Y Employees Credit Union has a 2-star health rating.

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Kolmar N Y Employees Credit Union IRA Rates

Data for Q4 2011

Institution Statistics KOLMAR N Y EMPLOYEES NCUA # 10450 BankRate Report View Year Chartered 1955 Employees 2 Primary Regulator Assets and Liabilities Assets $1.93 million Loans $1.08 million Deposits $1.80 million Equity Capital $194,000 Loan Loss Allowance $11,000 Unbacked Noncurrent Loans $149,000 Historic Data - December 2010 Assets $2.16 million Equity Capital $200,000 Loan Loss Allowance $26,000 Unbacked Noncurrent Loans $88,000 Profit Margin - Quarterly Net Interest Margin 8.52% Return on Assets -0.26% Return on Equity -2.58% Interest Income $106,000 Non-Interest Income $2,000

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 December 31, 2011 Kolmar N Y Employees Credit Union had $149,000 in non-current loans and owned real-estate with $205,000 in equity and loan loss allowances on hand to cover it. This gives Kolmar N Y Employees Credit Union a Texas Ratio of 72.68% 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 Kolmar N Y Employees Credit Union increased slightly from 38.94% as of December 31, 2010 to 72.68% as of December 31, 2011, resulting in a negative change of 86.66%. This indicates that the balance sheet and financial strength for Kolmar N Y Employees Credit Union has declined slightly in recent periods. Deposit Growth In the past year, Kolmar N Y Employees Credit Union has decreased its total deposits by $-154,000, resulting in -7.89% 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 Kolmar N Y Employees Credit Union has shown is poor. 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. Kolmar N Y Employees Credit Union has $1.93 million in assets with $205,000 in equity, resulting in a capitalization level of 10.60%, which is above average.

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