Polish & Slavic Credit Union

100 McGuinness Blvd
Brooklyn, NY 11222
718-610-3970
www.psfcu.com

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Polish & Slavic Credit Union is headquartered in BROOKLYN and is the 11^st largest credit union in the state of New York. It is also the 113^st largest credit union in the nation. It was established in 1976 and as of December of 2012, it had grown to 251 employees and 78,244 members. Polish & Slavic Credit Union has a 4-star health rating.

CD Rate Specials at Polish & Slavic Federal Credit Union in IL & NY - 6/12/2011

Polish & Slavic Federal Credit Union is a CD promotion for June with some competitive rates. The special rates include 3.00% APY for 5 years, 2.50% APY for 4 years, 2.10% APY for 3 years and 1.75% ...

1.50% 7-Month CD ($15K Max) At Polish & Slavic FCU In NY (Forum) - 10/25/2010

This is a limited time CD special at Polish & Slavic FCU. The promo page says it's to celebrate Polish Heritage month so it's likely to end after this week. The big downside is the $15K cap, but the 1.50% APY is very competitive for terms around 6 mon

5.60% 60-Month CD at a NY/NJ Credit Union (Polish & Slavic) - 10/5/2007

Update 11/03/07: The top 5-year yield decreased from 6.11% to 5.60% APY.Polish & Slavic Federal Credit Union (PSFCU) is having a promotion with a 6.11% APY 5-year term share certificate. The 6.11% yield requires a minimum deposit of $90K. A yield of...

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

Polish & Slavic Credit Union Checking Account Rates

Apy	Min	Max	Product
0.05%	-	-	Plus Business Checking
0.01%	$1,500	-	Checking
0.01%	-	-	Standard Business Checking
0.01%	-	-	Business Checking for Non-Profits

Polish & Slavic Credit Union Savings Account Rates

Apy	Min	Max	Product
0.10%	-	-	IRA/ESA Savings Account
0.05%	-	-	Savings Account
0.05%	-	-	Vacation Club
0.05%	-	-	Holiday Club
0.05%	-	-	Goal Account
0.05%	-	-	Business Savings Account

Polish & Slavic Credit Union Money Market Rates

Apy	Min	Max	Product
0.05%	-	-	Money Market Account
0.05%	$2,500	-	Business Money Market

Polish & Slavic Credit Union CD Rates

Apy	Min	Max	Product
1.05%	$500	-	5 Year CD
0.75%	$500	-	4 Year CD
0.70%	$500	-	3 Year CD
0.60%	$500	-	30 Month CD
0.50%	$500	-	2 Year CD
0.30%	$500	-	18 Month CD
0.20%	$500	-	9 Month CD
0.20%	$500	-	1 Year CD
0.20%	$500	-	Business 9 Month CD
0.20%	$500	-	Business 1 Year CD
0.10%	$500	-	3 Month CD
0.10%	$500	-	6 Month CD
0.10%	$500	-	Business 6 Month CD

Polish & Slavic Credit Union IRA Rates

Apy	Min	Max	Product
1.05%	$500	-	5 Year IRA
1.05%	$500	-	5 Year Roth IRA
1.05%	$500	-	5 Year SEP IRA
1.05%	$500	-	5 Year Simple IRA
1.05%	$500	-	5 Year CESA
0.75%	$500	-	4 Year IRA
0.75%	$500	-	4 Year Roth IRA
0.75%	$500	-	4 Year SEP IRA
0.75%	$500	-	4 Year Simple IRA
0.75%	$500	-	4 Year CESA
0.70%	$500	-	3 Year IRA
0.70%	$500	-	3 Year Roth IRA
0.70%	$500	-	3 Year SEP IRA
0.70%	$500	-	3 Year Simple IRA
0.70%	$500	-	3 Year CESA
0.60%	$500	-	30 Month IRA
0.60%	$500	-	30 Month Roth IRA
0.60%	$500	-	30 Month SEP IRA
0.60%	$500	-	30 Month Simple IRA
0.60%	$500	-	30 Month CESA
0.50%	$500	-	2 Year IRA
0.50%	$500	-	2 Year Roth IRA
0.50%	$500	-	2 Year SEP IRA
0.50%	$500	-	2 Year Simple IRA
0.50%	$500	-	2 Year CESA
0.30%	$500	-	18 Month IRA
0.30%	$500	-	18 Month Roth IRA
0.30%	$500	-	18 Month SEP IRA
0.30%	$500	-	18 Month Simple IRA
0.30%	$500	-	18 Month CESA
0.20%	$500	-	9 Month IRA
0.20%	$500	-	1 Year IRA
0.20%	$500	-	9 Month Roth IRA
0.20%	$500	-	1 Year Roth IRA
0.20%	$500	-	9 Month SEP IRA
0.20%	$500	-	1 Year SEP IRA
0.20%	$500	-	9 Month Simple IRA
0.20%	$500	-	1 Year Simple IRA
0.20%	$500	-	9 Month CESA
0.20%	$500	-	1 Year CESA
0.10%	$500	-	3 Month IRA
0.10%	$500	-	6 Month IRA
0.10%	$500	-	3 Month Roth IRA
0.10%	$500	-	6 Month Roth IRA
0.10%	$500	-	3 Month SEP IRA
0.10%	$500	-	6 Month SEP IRA
0.10%	$500	-	3 Month Simple IRA
0.10%	$500	-	6 Month Simple IRA
0.10%	$500	-	3 Month CESA
0.10%	$500	-	6 Month CESA

Rates updated: 5/23/2013

Data for Q4 2012

Institution Statistics

POLISH & SLAVIC
NCUA #	22592
BankRate Report	View
Year Chartered	1976
Employees	251
Primary Regulator
Assets and Liabilities
Assets	$1.52 billion
Loans	$842.28 million
Deposits	$1.32 billion
Equity Capital	$143.06 million
Loan Loss Allowance	$4.02 million
Unbacked Noncurrent Loans	$17.76 million
Real Estate Owned	$1.49 million
Historic Data - December 2011
Assets	$1.43 billion
Equity Capital	$143.58 million
Loan Loss Allowance	$4.28 million
Unbacked Noncurrent Loans	$20.29 million
Profit Margin - Quarterly
Net Interest Margin	4%
Return on Assets	0.11%
Return on Equity	1.14%
Interest Income	$49.67 million
Non-Interest Income	$6.76 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 December 31, 2012 Polish & Slavic Credit Union had $19.24 million in non-current loans and owned real-estate with $147.08 million in equity and loan loss allowances on hand to cover it. This gives Polish & Slavic Credit Union a Texas Ratio of 13.08% 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 Polish & Slavic Credit Union held steady from 13.72% as of December 31, 2011 to 13.08% as of December 31, 2012, resulting in a positive change of 4.65%.This indicates that the balance sheet and financial strength for Polish & Slavic Credit Union has held steady in recent periods.
Deposit Growth
In the past year, Polish & Slavic Credit Union has increased its total deposits by $84.39 million, resulting in 6.81% 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 & Slavic 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. Polish & Slavic Credit Union has $1.52 billion in assets with $147.08 million in equity, resulting in a capitalization level of 9.68%, which is average.