Ukrainian Selfreliance Credit Union
Ukrainian Selfreliance Credit Union is headquartered in Philadelphia and is the 24th largest credit union in the state of Pennsylvania. It is also the 752nd largest credit union in the nation. It was established in 1952 and as of December of 2013, it had grown to 33 employees and 9,226 members. Ukrainian Selfreliance Credit Union's money market rates are 36% higher than the national average, and it boasts a A+ health rating.
Field of Membership Restrictions
Must be a member of the Self Reliance Association of American Ukrainians, Inc. or several related groups. - See Details
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Data for Q4 2013
Institution Health
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, 2013 Ukrainian Selfreliance Credit Union had $502,000 in non-current loans and owned real-estate with $30.43 million in equity and loan loss allowances on hand to cover it. This gives Ukrainian Selfreliance Credit Union a Texas Ratio of 1.65% 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 Ukrainian Selfreliance Credit Union decreased dramatically from 3.61% as of December 31, 2012 to 1.65% as of December 31, 2013, resulting in a positive change of 54.29%.This indicates that the balance sheet and financial strength for Ukrainian Selfreliance Credit Union has improved dramatically in recent periods.
Deposit Growth
In the past year, Ukrainian Selfreliance Credit Union has increased its total deposits by $2.74 million, resulting in 1.19% 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 Ukrainian Selfreliance Credit Union has shown is above 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. Ukrainian Selfreliance Credit Union has $263.6 million in assets with $30.43 million in equity, resulting in a capitalization level of 11.54%, which is excellent.
Institution Statistics
| Overall | |
|---|---|
| NCUA # | 7875 |
| Year Chartered | 1952 |
| Employees | 33 |
| Primary Regulator |
| Assets and Liabilities | |
|---|---|
| Assets | $263.60 million |
| Loans | $128.90 million |
| Deposits | $233.72 million |
| Equity Capital | $29.73 million |
| Loan Loss Allowance | $706,000 |
| Unbacked Noncurrent Loans | $502,000 |
| Real Estate Owned | $0 |
| Historic Data - December 2012 | |
|---|---|
| Assets | $259.92 million |
| Equity Capital | $28.84 million |
| Loan Loss Allowance | $706,000 |
| Unbacked Noncurrent Loans | $502,000 |
| Real Estate Owned | $270,000 |
| Profit Margin - Quarterly | |
|---|---|
| Net Interest Margin | 2.43% |
| Return on Assets | 0.49% |
| Return on Equity | 4.3% |
| Interest Income | $6.97 million |
Always verify rates and promotions with the bank or credit union. We are not Ukrainian Selfreliance Credit Union, we are a rate comparison website and can not provide official rates or promotions.
Ukrainian Selfreliance Credit Union Savings Account Rates
| Details | APY | MIN | MAX | PRODUCT |
|---|---|---|---|---|
| 0.60% | $50 | - | IRA Savings | |
| 0.60% | $50 | - | Roth IRA Savings | |
| 0.60% | $50 | - | CESA Savings | |
| 0.35% | $50 | - | Passbook (Savings) |
Ukrainian Selfreliance Credit Union Money Market Rates
| Details | APY | MIN | MAX | PRODUCT |
|---|---|---|---|---|
| 0.60% | $250k | - | Premium Money Market | |
| 0.35% | $1k | - | Classic Money Market |
Ukrainian Selfreliance Credit Union Checking Account Rates
| Details | APY | MIN | MAX | PRODUCT |
|---|---|---|---|---|
| 0.05% | - | - | Share Draft (Checking) |
Ukrainian Selfreliance Credit Union CD Rates
| Details | APY | MIN | MAX | PRODUCT |
|---|---|---|---|---|
| 2.10% | - | - | 60 Month CD | |
| 1.40% | - | - | 36 Month "My Choice" CD | |
| 1.10% | - | - | 24 Month CD | |
| 0.90% | - | - | 18 Month CD | |
| 0.70% | - | - | 12 Month CD | |
| 0.50% | - | - | 3 Month CD | |
| 0.50% | - | - | 5 Month CD | |
| 0.50% | - | - | 6 Month CD | |
| 0.50% | - | - | 7 Month CD | |
| 0.50% | - | - | 8 Month CD | |
| 0.50% | - | - | 9 Month CD | |
| 0.50% | - | - | 10 Month CD | |
| 0.50% | - | - | 13 Month CD | |
| 0.50% | - | - | 17 Month CD |
Ukrainian Selfreliance Credit Union IRA Rates
| Details | APY | MIN | MAX | PRODUCT |
|---|---|---|---|---|
| 2.10% | - | - | 60 Month IRA (Traditional,CESA,Roth) | |
| 1.40% | - | - | 36 Month "My Choice" IRA (Traditional,Roth,CESA) | |
| 1.10% | - | - | 24 Month IRA (Traditional,Roth,CESA) | |
| 0.90% | - | - | 18 Month IRA (Traditional,Roth,CESA) | |
| 0.70% | - | - | 12 Month IRA (Traditional,Roth,CESA) | |
| 0.50% | - | - | 3 Month IRA (Traditional,Roth,CESA) | |
| 0.50% | - | - | 5 Month IRA (Traditional,Roth,CESA) | |
| 0.50% | - | - | 6 Month IRA (Traditional,Roth,CESA) | |
| 0.50% | - | - | 7 Month IRA (Traditional,Roth,CESA) | |
| 0.50% | - | - | 8 Month IRA (Traditional,Roth,CESA) | |
| 0.50% | - | - | 9 Month IRA (Traditional,Roth,CESA) | |
| 0.50% | - | - | 10 Month IRA (Traditional,Roth,CESA) | |
| 0.50% | - | - | 13 Month IRA (Traditional,Roth,CESA) | |
| 0.50% | - | - | 17 Month IRA (Traditional,Roth,CESA) |
| Ukrainian Selfreliance Credit Union Locations | ||
|---|---|---|
| Branch Office | 14425 Bustleton Ave | Philadelphia, PA 19116 |
| Branch Office | 2301 Brown St | Philadelphia, PA 19130 |
| Branch Office | 477 Jeremiah Ave | Trenton, NJ 08610 |
| Branch Office | 1729 Cottman Ave | Philadelphia, PA 19111 |
| Branch Office | 700 N Cedar Rd | Jenkintown, PA 19046-4109 |