Peoples Alliance Credit Union

125 Wireless Blvd
Hauppauge, NY 11788
631 434-3500
www.pafcu.org

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Peoples Alliance Credit Union is headquartered in Hauppauge and is the 40^th largest credit union in the state of New York. It is also the 810^st largest credit union in the nation. It was established in 1940 and as of September of 2011, it had grown to 87 employees and 38,325 members. Peoples Alliance Credit Union's money market rates are 48% higher than the national average, and it has a 4-star health rating.

Top CD Rates in Miami & NYC at People's Alliance Federal Credit Union - 10/28/2011

People's Alliance Federal Credit Union continues to offer competitive CD rates. The rates have gone down since my last post, but they remain competitive. Another plus is that the early withdrawal pena ...

People's Alliance Federal Credit Union’s Top 5-Year CD Rate in Miami & New York - Local Only - 5/24/2011

People's Alliance Federal Credit Union continues to offer a fairly competitive 5-year CD. The rate went down slightly this month, but it remains fairly competitive at 2.60% APY. Minimum deposit is $50 ...

Top 5-Year CD Rate at People's Alliance FCU in Miami & New York - Local Only - 1/21/2011

People's Alliance Federal Credit Union is offering a fairly competitive 5-year CD with a 2.64% APY. Minimum deposit is $500. A reader mentioned that the early withdrawal penalty is only 3 months of in ...

2.69% 5-Year CD At People's Alliance FCU In Miami & New York - Local Only (Forum) - 10/17/2010

This 5-year CD rate isn't great, but it's fair in today's rate environment: 2.69% 5-year CD, minimum deposit $500 as of 10/17/2010 Membership is open to those who live, work, worship or attend school in several areas of New York including parts of B

2010

8/13 - Competitive 5-Year CD at People's Alliance FCU in Miami & New York - Local Only

2007

9/20 - EXPIRED: 5.64% 15-Month CD at a New York/Florida CU (People's Alliance)

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

Peoples Alliance Credit Union Checking Account Rates

Apy	Min	Max	Product
0.05%	$1k	-	Checking Plus
0.05%	$50	-	Escrow Accounts
0.05%	-	-	Golden Checking

Peoples Alliance Credit Union Savings Account Rates

Apy	Min	Max	Product
0.40%	$50	-	Prime Share Account
0.40%	$50	-	IRA Savings

Peoples Alliance Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.85%	$50k	-	Money Market Account

Peoples Alliance Credit Union CD Rates

Apy	Min	Max	Product
2.11%	$500	-	5 Year CD
1.89%	$500	-	4 Year CD
1.64%	$500	-	3 Year CD
1.28%	$500	-	2 Year CD
1.08%	$500	-	12 Month Youth CD
1.06%	$500	-	18 Month Bump up CD
0.82%	$500	-	1 Year CD
0.82%	$500	-	Building 1 Year CD
0.82%	$500	-	Education 1 Year CD
0.72%	$500	-	9 Month CD
0.62%	$500	-	6 Month CD
0.46%	$500	-	3 Month CD

Rates updated: 2/11/2012

Data for Q3 2011

Institution Statistics

PEOPLE'S ALLIANCE
NCUA #	3633
BankRate Report	View
Year Established	1940
Employees	87
Primary Regulator
Assets and Liabilities
Assets	$218.20 million
Loans	$137.51 million
Deposits	$197.00 million
Equity Capital	$16.68 million
Loan Loss Allowance	$3.15 million
Unbacked Noncurrent Loans	$1.60 million
Historic Data - September 2010
Assets	$207.85 million
Equity Capital	$16.29 million
Loan Loss Allowance	$3.22 million
Unbacked Noncurrent Loans	$1.88 million
Profit Margin - Quarterly
Net Interest Margin	4.39%
Return on Assets	0.17%
Return on Equity	2.18%
Interest Income	$7.53 million
Non-Interest Income	$3.89 million

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 September 30, 2011 Peoples Alliance Credit Union had $1.6 million in non-current loans and owned real-estate with $19.83 million in equity and loan loss allowances on hand to cover it. This gives Peoples Alliance Credit Union a Texas Ratio of 8.06% 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 Peoples Alliance Credit Union decreased slightly from 9.64% as of September 30, 2010 to 8.06% as of September 30, 2011, resulting in a positive change of 16.33%.This indicates that the balance sheet and financial strength for Peoples Alliance Credit Union has improved slightly in recent periods.
Deposit Growth
In the past year, Peoples Alliance Credit Union has increased its total deposits by $9.49 million, resulting in 5.06% 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 Peoples Alliance 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. Peoples Alliance Credit Union has $218.2 million in assets with $19.83 million in equity, resulting in a capitalization level of 9.09%, which is average.