St. Josephs Parish Buffalo Credit Union

St. Josephs Parish Buffalo Credit Union is headquartered in Buffalo and is the 152^nd largest credit union in the state of New York. It is also the 3,101^st largest credit union in the nation. It was established in 1939 and as of December of 2011, it had grown to 6 employees and 3,454 members. St. Josephs Parish Buffalo Credit Union's savings rates are 2X the national average, and it has a 3-star health rating.

St. Josephs Parish Buffalo Credit Union Savings Account Rates

St. Josephs Parish Buffalo Credit Union Money Market Rates

St. Josephs Parish Buffalo Credit Union CD Rates

St. Josephs Parish Buffalo Credit Union IRA Rates

Data for Q4 2011

Institution Statistics ST. JOSEPHS PARISH BUFFALO NCUA # 3306 BankRate Report View Year Chartered 1939 Employees 6 Primary Regulator Assets and Liabilities Assets $26.66 million Loans $20.17 million Deposits $24.84 million Equity Capital $1.67 million Loan Loss Allowance $124,000 Unbacked Noncurrent Loans $494,000 Historic Data - December 2010 Assets $20.52 million Equity Capital $1.32 million Loan Loss Allowance $77,000 Unbacked Noncurrent Loans $393,000 Profit Margin - Quarterly Net Interest Margin 5.38% Return on Assets 1.3% Return on Equity 20.77% Interest Income $1.37 million Non-Interest Income $83,000

Institution Health Overall Score: 3 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 St. Josephs Parish Buffalo Credit Union had $494,000 in non-current loans and owned real-estate with $1.79 million in equity and loan loss allowances on hand to cover it. This gives St. Josephs Parish Buffalo Credit Union a Texas Ratio of 27.60% 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 St. Josephs Parish Buffalo Credit Union held steady from 28.11% as of December 31, 2010 to 27.60% as of December 31, 2011, resulting in a positive change of 1.83%.This indicates that the balance sheet and financial strength for St. Josephs Parish Buffalo Credit Union has held steady in recent periods. Deposit Growth In the past year, St. Josephs Parish Buffalo Credit Union has increased its total deposits by $5.76 million, resulting in 30.19% 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 St. Josephs Parish Buffalo 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. St. Josephs Parish Buffalo Credit Union has $26.66 million in assets with $1.79 million in equity, resulting in a capitalization level of 6.71%, which is below average.

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