Selfreliance Ukrainian American Credit Union

Selfreliance Ukrainian American Credit Union is headquartered in Chicago and is the 16^st largest credit union in the state of Illinois. It is also the 462^nd largest credit union in the nation. It was established in 1951 and as of December of 2011, it had grown to 75 employees and 22,482 members. Selfreliance Ukrainian American Credit Union's savings rates are 6X the national average, and it has a 4-star health rating.

Selfreliance Ukrainian American Credit Union Checking Account Rates

Selfreliance Ukrainian American Credit Union Savings Account Rates

Selfreliance Ukrainian American Credit Union Money Market Rates

Selfreliance Ukrainian American Credit Union CD Rates

Selfreliance Ukrainian American Credit Union IRA Rates

Data for Q4 2011

Institution Statistics SELFRELIANCE UKRAINIAN AMERICAN NCUA # 7346 BankRate Report View Year Chartered 1951 Employees 75 Primary Regulator Assets and Liabilities Assets $424.27 million Loans $219.04 million Deposits $340.32 million Equity Capital $80.63 million Loan Loss Allowance $7.50 million Unbacked Noncurrent Loans $16.52 million Real Estate Owned $2.57 million Historic Data - December 2010 Assets $426.77 million Equity Capital $79.85 million Loan Loss Allowance $8.43 million Unbacked Noncurrent Loans $14.62 million Real Estate Owned $1.52 million Profit Margin - Quarterly Net Interest Margin 4.54% Return on Assets 0.18% Return on Equity 0.97% Interest Income $14.57 million Non-Interest Income $1.29 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, 2011 Selfreliance Ukrainian American Credit Union had $19.09 million in non-current loans and owned real-estate with $88.12 million in equity and loan loss allowances on hand to cover it. This gives Selfreliance Ukrainian American Credit Union a Texas Ratio of 21.66% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Selfreliance Ukrainian American Credit Union held steady from 18.28% as of December 31, 2010 to 21.66% as of December 31, 2011, resulting in a negative change of 18.47%. This indicates that the balance sheet and financial strength for Selfreliance Ukrainian American Credit Union has held steady in recent periods. Deposit Growth In the past year, Selfreliance Ukrainian American Credit Union has decreased its total deposits by -$3.21 million, resulting in -0.93% 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 Selfreliance Ukrainian American Credit Union has shown is 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. Selfreliance Ukrainian American Credit Union has $424.27 million in assets with $88.12 million in equity, resulting in a capitalization level of 20.77%, which is excellent.

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