Suma Yonkers Credit Union

Suma Yonkers Credit Union is headquartered in Yonkers and is the 36^th largest credit union in the state of New York. It is also the 712^st largest credit union in the nation. It was established in 1964 and as of December of 2011, it had grown to 28 employees and 6,904 members. Suma Yonkers Credit Union's savings rates are 4X the national average, and it has a 4-star health rating.

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Suma Yonkers Credit Union Savings Account Rates

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Suma Yonkers Credit Union CD Rates

Data for Q4 2011

Institution Statistics SUMA YONKERS NCUA # 16360 BankRate Report View Year Chartered 1964 Employees 28 Primary Regulator Assets and Liabilities Assets $257.29 million Loans $146.04 million Deposits $217.87 million Equity Capital $39.16 million Loan Loss Allowance $1.10 million Unbacked Noncurrent Loans $8.07 million Historic Data - December 2010 Assets $245.13 million Equity Capital $37.66 million Loan Loss Allowance $1.09 million Unbacked Noncurrent Loans $6.16 million Profit Margin - Quarterly Net Interest Margin 3.36% Return on Assets 0.58% Return on Equity 3.84% Interest Income $9.09 million Non-Interest Income $287,000

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 Suma Yonkers Credit Union had $8.07 million in non-current loans and owned real-estate with $40.26 million in equity and loan loss allowances on hand to cover it. This gives Suma Yonkers Credit Union a Texas Ratio of 20.05% 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 Suma Yonkers Credit Union held steady from 15.90% as of December 31, 2010 to 20.05% as of December 31, 2011, resulting in a negative change of 26.16%. This indicates that the balance sheet and financial strength for Suma Yonkers Credit Union has held steady in recent periods. Deposit Growth In the past year, Suma Yonkers Credit Union has increased its total deposits by $10.55 million, resulting in 5.09% 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 Suma Yonkers 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. Suma Yonkers Credit Union has $257.29 million in assets with $40.26 million in equity, resulting in a capitalization level of 15.65%, which is excellent.

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