Syracuse Cooperative

Syracuse Cooperative is headquartered in Syracuse and is the 181^st largest credit union in the state of New York. It is also the 3,605^th largest credit union in the nation. It was established in 1982 and as of December of 2011, it had grown to 21 employees and 3,320 members. Syracuse Cooperative has a 2-star health rating.

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Data for Q4 2011

Institution Statistics SYRACUSE COOPERATIVE NCUA # 23865 BankRate Report View Year Chartered 1982 Employees 21 Primary Regulator Assets and Liabilities Assets $19.34 million Loans $15.09 million Deposits $17.35 million Equity Capital $846,000 Loan Loss Allowance $168,000 Unbacked Noncurrent Loans $1.25 million Real Estate Owned $395,000 Historic Data - December 2010 Assets $17.00 million Equity Capital $893,000 Loan Loss Allowance $123,000 Unbacked Noncurrent Loans $717,000 Real Estate Owned $386,000 Profit Margin - Quarterly Net Interest Margin 5.35% Return on Assets -0.24% Return on Equity -5.56% Interest Income $859,000 Non-Interest Income $537,000

Institution Health Overall Score: 2 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 Syracuse Cooperative had $1.64 million in non-current loans and owned real-estate with $1.01 million in equity and loan loss allowances on hand to cover it. This gives Syracuse Cooperative a Texas Ratio of 161.83% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Syracuse Cooperative increased slightly from 108.56% as of December 31, 2010 to 161.83% as of December 31, 2011, resulting in a negative change of 49.07%. This indicates that the balance sheet and financial strength for Syracuse Cooperative has declined slightly in recent periods. Deposit Growth In the past year, Syracuse Cooperative has increased its total deposits by $2 million, resulting in 13.05% 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 Syracuse Cooperative 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. Syracuse Cooperative has $19.34 million in assets with $1.01 million in equity, resulting in a capitalization level of 5.24%, which is below average.

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