Sunnyside Federal Savings and Loan Association of Irvington

Sunnyside Federal Savings and Loan Association of Irvington Locations

56 Main St
Irvington, NY 10533
914.591.8000
www.sunnysidefederal.com

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Sunnyside Federal Savings and Loan Association of Irvington is headquartered in Irvington and is the 158^th largest bank in the state of New York. It is also the 5,193^rd largest bank in the nation. It was established in 1929 and as of March of 2012, it had grown to 14 employees at 1 location. Sunnyside Federal Savings and Loan Association of Irvington has a 4-star health rating.

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

Sunnyside Federal Savings and Loan Association of Irvington Checking Account Rates

Apy	Min	Max	Product
0.10%	$2,500	-	Money Market Checking
0.05%	$500	-	NOW Personal Checking
0.05%	$500	-	DDA (Now)

Sunnyside Federal Savings and Loan Association of Irvington Savings Account Rates

Apy	Min	Max	Product
0.15%	$25k	-	Sunnyside Saver
0.10%	-	-	Holiday Club
0.10%	-	-	Vacation Club
0.10%	-	-	Passbook Savings
0.10%	-	-	Statement Savings

Sunnyside Federal Savings and Loan Association of Irvington Money Market Rates

	Apy	Min	Max	Product
	0.10%	$2,500	-	MMDA

Sunnyside Federal Savings and Loan Association of Irvington CD Rates

Apy	Min	Max	Product
1.26%	$500	-	5 Year CD
1.01%	$500	-	3 Year CD
0.60%	$500	-	2 Year CD
0.40%	$500	-	1 Year CD
0.20%	$2,500	-	6 Month CD
0.05%	$2,500	-	3 Month CD

Sunnyside Federal Savings and Loan Association of Irvington IRA Rates

Apy	Min	Max	Product
1.26%	$500	-	5 Year IRA
1.01%	$500	-	3 Year IRA
0.60%	$500	-	2 Year IRA
0.40%	$500	-	1 Year IRA
0.20%	$2,500	-	6 Month IRA
0.05%	$2,500	-	3 Month IRA

Rates updated: 5/27/2012

Data for Q1 2012

Institution Statistics

Sunnyside Federal Savings and Loan Association of Irvington
OTS #	02397
FDIC Certificate #	28805
BankRate Report	View
Year Established	1929
Employees	14
Primary Regulator	OCC
Assets and Liabilities
Assets	$91.03 million
Loans	$38.72 million
Deposits	$83.01 million
Equity Capital	$6.38 million
Loan Loss Allowance	$314,000
Historic Data - March 2011
Assets	$92.62 million
Equity Capital	$6.29 million
Loan Loss Allowance	$303,000
Profit Margin - Quarterly
Net Interest Margin	2.76%
Return on Assets	-0.2%
Return on Equity	-2.87%
Interest Income	$718,000

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 March 31, 2012 Sunnyside Federal Savings and Loan Association of Irvington had $0 in non-current loans and owned real-estate with $6.7 million in equity and loan loss allowances on hand to cover it. This gives Sunnyside Federal Savings and Loan Association of Irvington a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Deposit Growth
In the past year, Sunnyside Federal Savings and Loan Association of Irvington has decreased its total deposits by -$2.42 million, resulting in -2.83% 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 Sunnyside Federal Savings and Loan Association of Irvington has shown is below 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. Sunnyside Federal Savings and Loan Association of Irvington has $91.03 million in assets with $6.7 million in equity, resulting in a capitalization level of 7.35%, which is below average.

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