New York Times Employees Credit Union

New York Times Employees Credit Union is headquartered in New York and is the 77^th largest credit union in the state of New York. It is also the 1,708^th largest credit union in the nation. It was established in 1954 and as of December of 2011, it had grown to 14 employees and 6,517 members. New York Times Employees Credit Union's savings rates are 15% higher than the national average, and it has a 4-star health rating.

New York Times Employees Credit Union Savings Account Rates

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New York Times Employees Credit Union IRA Rates

Data for Q4 2011

Institution Statistics NEW YORK TIMES EMPLOYEES NCUA # 9358 BankRate Report View Year Chartered 1954 Employees 14 Primary Regulator Assets and Liabilities Assets $76.39 million Loans $38.36 million Deposits $64.06 million Equity Capital $11.88 million Loan Loss Allowance $505,000 Unbacked Noncurrent Loans $1.05 million Real Estate Owned $203,000 Historic Data - December 2010 Assets $78.38 million Equity Capital $11.99 million Loan Loss Allowance $901,000 Unbacked Noncurrent Loans $1.64 million Profit Margin - Quarterly Net Interest Margin 4.94% Return on Assets 0.55% Return on Equity 3.54% Interest Income $2.94 million Non-Interest Income $537,000

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 New York Times Employees Credit Union had $1.25 million in non-current loans and owned real-estate with $12.38 million in equity and loan loss allowances on hand to cover it. This gives New York Times Employees Credit Union a Texas Ratio of 10.10% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for New York Times Employees Credit Union decreased slightly from 12.71% as of December 31, 2010 to 10.10% as of December 31, 2011, resulting in a positive change of 20.52%.This indicates that the balance sheet and financial strength for New York Times Employees Credit Union has improved slightly in recent periods. Deposit Growth In the past year, New York Times Employees Credit Union has decreased its total deposits by -$1.97 million, resulting in -2.99% 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 New York Times Employees 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. New York Times Employees Credit Union has $76.39 million in assets with $12.38 million in equity, resulting in a capitalization level of 16.21%, which is excellent.

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