Sidney Credit Union

42 Union St
Sidney, NY 13838
607-967-7101
www.sfcuonline.org

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Sidney Credit Union is headquartered in Sidney and is the 30^th largest credit union in the state of New York. It is also the 577^th largest credit union in the nation. It was established in 1949 and as of December of 2011, it had grown to 147 employees and 47,038 members. Sidney Credit Union's savings rates are 44% higher than the national average, and it boasts a 5-star health rating.

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

Sidney Credit Union Savings Account Rates

Apy	Min	Max	Product
0.75%	$5k	-	Variable Rate HSA Checking
0.25%	$5k	-	Main Share
0.10%	-	-	Escrow (SFCU mortgages)
0.10%	-	-	Christmas Club
0.10%	-	-	Insurance
0.10%	-	-	Vacation Club
0.10%	-	-	Tax Club
0.10%	-	-	Extra Christmas Club

Sidney Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.50%	$10k	-	Money Management

Sidney Credit Union CD Rates

Apy	Min	Max	Product
1.66%	$500	-	48 Month Regular Fixed Rate CD
1.00%	$500	-	36 Month Regular Fixed Rate CD
1.00%	$10k	-	36 Month Variable Rate Adjustable CD
0.85%	$500	-	30 Month Regular Fixed Rate CD
0.70%	$500	-	24 Month Regular Fixed Rate CD
0.70%	$10k	-	24 Month Variable Rate Adjustable CD
0.60%	$500	-	18 Month Regular Fixed Rate CD
0.45%	$500	-	12 Month Regular Fixed Rate CD
0.45%	$10k	-	12 Month Variable Rate Adjustable CD
0.35%	$1k	-	6 Month Regular Fixed Rate CD
0.35%	$1k	-	9 Month Regular Fixed Rate CD
0.25%	$1k	-	91 Day Regular Fixed Rate CD

Sidney Credit Union IRA Rates

Apy	Min	Max	Product
1.66%	$500	-	48 Month Traditional IRA
1.66%	$500	-	48 Month ROTH Conversion IRA
1.66%	$500	-	48 Month CESA
1.66%	$500	-	48 Month ROTH IRA
1.00%	$500	-	36 Month Traditional IRA
1.00%	$500	-	36 Month ROTH Conversion IRA
1.00%	$500	-	36 Month CESA
1.00%	$500	-	36 Month ROTH IRA
0.85%	$500	-	30 Month Traditional IRA
0.85%	$500	-	30 Month ROTH Conversion IRA
0.85%	$500	-	30 Month CESA
0.85%	$500	-	30 Month ROTH IRA
0.70%	$500	-	24 Month Traditional IRA
0.70%	$500	-	24 Month ROTH Conversion IRA
0.70%	$500	-	24 Month CESA
0.70%	$500	-	24 Month ROTH IRA
0.60%	$500	-	18 Month Traditional IRA
0.60%	$500	-	18 Month ROTH Conversion IRA
0.60%	$500	-	18 Month CESA
0.60%	$500	-	18 Month ROTH IRA
0.45%	$500	-	12 Month Traditional IRA
0.45%	$500	-	12 Month ROTH Conversion IRA
0.45%	$500	-	12 Month CESA
0.45%	$500	-	12 Month ROTH IRA
0.35%	$1k	-	6 Month Traditional IRA
0.35%	$1k	-	9 Month Traditional IRA
0.35%	$1k	-	6 Month ROTH Conversion IRA
0.35%	$1k	-	9 Month ROTH Conversion IRA
0.35%	$500	-	6 Month CESA
0.35%	$500	-	9 Month CESA
0.35%	$1k	-	6 Month ROTH IRA
0.35%	$1k	-	9 Month ROTH IRA
0.25%	$1k	-	91 Day Traditional IRA
0.25%	$1k	-	91 Day ROTH Conversion IRA
0.25%	$500	-	91 Day CESA
0.25%	$1k	-	91 Day ROTH IRA
0.10%	-	-	1 Month Traditional IRA
0.10%	-	-	1 Month ROTH Conversion IRA
0.10%	-	-	1 Month CESA
0.10%	-	-	1 Month ROTH IRA

Rates updated: 5/26/2012

Data for Q4 2011

Institution Statistics

SIDNEY
NCUA #	6011
BankRate Report	View
Year Chartered	1949
Employees	147
Primary Regulator
Assets and Liabilities
Assets	$337.99 million
Loans	$200.02 million
Deposits	$290.22 million
Equity Capital	$46.68 million
Loan Loss Allowance	$1.83 million
Unbacked Noncurrent Loans	$1.63 million
Real Estate Owned	$338,000
Historic Data - December 2010
Assets	$313.04 million
Equity Capital	$44.07 million
Loan Loss Allowance	$1.83 million
Unbacked Noncurrent Loans	$1.58 million
Real Estate Owned	$371,000
Profit Margin - Quarterly
Net Interest Margin	5.76%
Return on Assets	0.55%
Return on Equity	3.96%
Interest Income	$15.12 million
Non-Interest Income	$5.26 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 Sidney Credit Union had $1.97 million in non-current loans and owned real-estate with $48.51 million in equity and loan loss allowances on hand to cover it. This gives Sidney Credit Union a Texas Ratio of 4.05% 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 Sidney Credit Union held steady from 4.25% as of December 31, 2010 to 4.05% as of December 31, 2011, resulting in a positive change of 4.62%.This indicates that the balance sheet and financial strength for Sidney Credit Union has held steady in recent periods.
Deposit Growth
In the past year, Sidney Credit Union has increased its total deposits by $21.69 million, resulting in 8.08% 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 Sidney 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. Sidney Credit Union has $337.99 million in assets with $48.51 million in equity, resulting in a capitalization level of 14.35%, which is excellent.

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