Polish National Credit Union

Polish National Credit Union is headquartered in Chicopee and is the 23^rd largest credit union in the state of Massachusetts. It is also the 473^rd largest credit union in the nation. It was established in 1921 and as of December of 2011, it had grown to 63 employees and 17,967 members. Polish National Credit Union has a 5-star health rating.

Polish National Credit Union Checking Account Rates

Polish National Credit Union Savings Account Rates

Polish National Credit Union Money Market Rates

Polish National Credit Union CD Rates

Polish National Credit Union IRA Rates

Data for Q4 2011

Institution Statistics POLISH NATIONAL NCUA # 66597 BankRate Report View Year Chartered 1921 Employees 63 Primary Regulator Assets and Liabilities Assets $412.35 million Loans $161.50 million Deposits $348.53 million Equity Capital $62.02 million Loan Loss Allowance $1.02 million Unbacked Noncurrent Loans $1.07 million Historic Data - December 2010 Assets $414.64 million Equity Capital $61.40 million Loan Loss Allowance $974,000 Unbacked Noncurrent Loans $1.07 million Profit Margin - Quarterly Net Interest Margin 3.47% Return on Assets 0.17% Return on Equity 1.15% Interest Income $12.56 million Non-Interest Income $1.13 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 Polish National Credit Union had $1.07 million in non-current loans and owned real-estate with $63.04 million in equity and loan loss allowances on hand to cover it. This gives Polish National Credit Union a Texas Ratio of 1.70% 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 Polish National Credit Union held steady from 1.71% as of December 31, 2010 to 1.70% as of December 31, 2011, resulting in a positive change of 0.79%.This indicates that the balance sheet and financial strength for Polish National Credit Union has held steady in recent periods. Deposit Growth In the past year, Polish National Credit Union has decreased its total deposits by -$3.64 million, resulting in -1.03% 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 Polish National 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. Polish National Credit Union has $412.35 million in assets with $63.04 million in equity, resulting in a capitalization level of 15.29%, which is excellent.

No reviews have been left for this bank yet. Be the first to review.