Polish & Slavic Credit Union

Polish & Slavic Credit Union Locations
100 McGuinness Boulevard
Brooklyn, NY 11222
1-800-297-2181
www.psfcu.com



Polish & Slavic Credit Union is headquartered in Brooklyn and is the 11st largest credit union in the state of New York. It is also the 108th largest credit union in the nation. It was established in 1976 and as of December of 2011, it had grown to 275 employees and 74,965 members. Polish & Slavic Credit Union has a 4-star health rating.

Related Posts

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...



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

Polish & Slavic Credit Union Checking Account Rates

ApyMinMaxProduct
0.10%$1,500-Checking
0.10%--Standard Business Checking
0.10%--Plus Business Checking
0.10%--Business Checking for Non-Profits

Polish & Slavic Credit Union Savings Account Rates

ApyMinMaxProduct
0.35%--IRA/ESA Savings Account
0.30%--Savings Account
0.30%--Vacation Club
0.30%--Holiday Club
0.30%--Goal Account
0.30%--Business Savings Account

Polish & Slavic Credit Union Money Market Rates

ApyMinMaxProduct
0.20%$25k-Business Money Market
0.16%--Money Market Account

Polish & Slavic Credit Union CD Rates

ApyMinMaxProduct
1.80%$90k-5 Year CD
1.30%$90k-3 Year CD
1.30%$90k-4 Year CD
1.06%$90k-2 Year CD
1.06%$90k-30 Month CD
0.80%$90k-18 Month CD
0.65%$90k-1 Year CD
0.65%$90k-Business 1 Year CD
0.35%$90k-6 Month CD
0.35%$90k-9 Month CD
0.35%$90k-Business 6 Month CD
0.35%$90k-Business 9 Month CD
0.30%$90k-3 Month CD

Polish & Slavic Credit Union IRA Rates

ApyMinMaxProduct
1.80%$90k-5 Year IRA
1.80%$90k-5 Year Roth IRA
1.80%$90k-5 Year SEP IRA
1.80%$90k-5 Year Simple IRA
1.80%$90k-5 Year CESA
1.30%$90k-3 Year IRA
1.30%$90k-4 Year IRA
1.30%$90k-3 Year Roth IRA
1.30%$90k-4 Year Roth IRA
1.30%$90k-3 Year SEP IRA
1.30%$90k-4 Year SEP IRA
1.30%$90k-3 Year Simple IRA
1.30%$90k-4 Year Simple IRA
1.30%$90k-3 Year CESA
1.30%$90k-4 Year CESA
1.06%$90k-2 Year IRA
1.06%$90k-30 Month IRA
1.06%$90k-2 Year Roth IRA
1.06%$90k-30 Month Roth IRA
1.06%$90k-2 Year SEP IRA
1.06%$90k-30 Month SEP IRA
1.06%$90k-2 Year Simple IRA
1.06%$90k-30 Month Simple IRA
1.06%$90k-2 Year CESA
1.06%$90k-30 Month CESA
0.80%$90k-18 Month IRA
0.80%$90k-18 Month Roth IRA
0.80%$90k-18 Month SEP IRA
0.80%$90k-18 Month Simple IRA
0.80%$90k-18 Month CESA
0.65%$90k-1 Year IRA
0.65%$90k-1 Year Roth IRA
0.65%$90k-1 Year SEP IRA
0.65%$90k-1 Year Simple IRA
0.65%$90k-1 Year CESA
0.35%$90k-6 Month IRA
0.35%$90k-9 Month IRA
0.35%$90k-6 Month Roth IRA
0.35%$90k-9 Month Roth IRA
0.35%$90k-6 Month SEP IRA
0.35%$90k-9 Month SEP IRA
0.35%$90k-6 Month Simple IRA
0.35%$90k-9 Month Simple IRA
0.35%$90k-6 Month CESA
0.35%$90k-9 Month CESA
0.30%$90k-3 Month IRA
0.30%$90k-3 Month Roth IRA
0.30%$90k-3 Month SEP IRA
0.30%$90k-3 Month Simple IRA
0.30%$90k-3 Month CESA

Rates updated: 5/27/2012

Data for Q4 2011


Institution Statistics


POLISH & SLAVIC
NCUA #22592
BankRate ReportView
Year Chartered1976
Employees275
Primary Regulator

Assets and Liabilities

Assets$1.43 billion
Loans$787.15 million
Deposits$1.24 billion
Equity Capital$143.58 million
Loan Loss Allowance$4.28 million
Unbacked Noncurrent Loans$20.29 million

Historic Data - December 2010

Assets$1.37 billion
Equity Capital$136.18 million
Loan Loss Allowance$3.11 million
Unbacked Noncurrent Loans$13.14 million

Profit Margin - Quarterly

Net Interest Margin4.28%
Return on Assets0.18%
Return on Equity1.79%
Interest Income$53.14 million
Non-Interest Income$5.54 million

Institution Health


Overall Score:
4 out of 5
4
Texas Ratio4
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 & Slavic Credit Union had $20.29 million in non-current loans and owned real-estate with $147.86 million in equity and loan loss allowances on hand to cover it. This gives Polish & Slavic Credit Union a Texas Ratio of 13.72% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend3
The Texas Ratio for Polish & Slavic Credit Union held steady from 9.43% as of December 31, 2010 to 13.72% as of December 31, 2011, resulting in a negative change of 45.43%. This indicates that the balance sheet and financial strength for Polish & Slavic Credit Union has held steady in recent periods.
Deposit Growth4
In the past year, Polish & Slavic Credit Union has increased its total deposits by $53.46 million, resulting in 4.51% 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 above average.
Capitalization4
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 $1.43 billion in assets with $147.86 million in equity, resulting in a capitalization level of 10.31%, which is above average.
Write Review

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