USAlliance Credit Union

USAlliance Credit Union Locations
600 Midland Ave
Rye, NY 10580
800-431-2754
www.usalliance.org

NCUA


USAlliance Credit Union is headquartered in Rye and is the 20th largest credit union in the state of New York. It is also the 261st largest credit union in the nation. It was established in 1966 and as of March of 2013, it had grown to 178 employees and 56,137 members. USAlliance Credit Union's savings rates are 25% higher than the national average, and it has a 3-star health rating.

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

USAlliance Credit Union Checking Account Rates

ApyMinMaxProduct
0.05%$2k-USA Gold Checking

USAlliance Credit Union Savings Account Rates

ApyMinMaxProduct
0.65%--Education Savings Account
0.40%--Club Account
0.40%--STAR Account
0.10%$2k-Savings Plus Account
0.05%$2k-Share Management Savings
0.05%$2k-Kids Savings Account
0.05%$2k-Teen Savings Account
0.05%$2k-Encore Savings Account
0.05%$2k-Health Savings Account

USAlliance Credit Union Money Market Rates

ApyMinMaxProduct
0.35%$75k-Platinum Money Manager Account
0.30%$50k-Diamond Money Manager Account
0.25%$25k-Super Savings Money Manager Account

USAlliance Credit Union CD Rates

ApyMinMaxProduct
1.71%$500-60 Month CD
1.46%$500-48 Month CD
1.26%$500-36 Month CD
1.01%$500-11 Month Special Promotion CD
0.95%$500-24 Month CD
0.90%$500-18 Month Special Promotion CD
0.75%$500-15 Month CD
0.75%$500-15 Month Special Promotion CD
0.70%$500-12 Month CD
0.60%$500-9 Month CD
0.50%$500-3 Year Variable CD
0.50%$500-6 Month CD
0.40%$500-3 Month CD
0.30%$100k-31 Day Jumbo CD
0.11%$500-1 Year Variable CD

Rates updated: 6/19/2013

Data for Q1 2013


Institution Statistics


USALLIANCE
NCUA #17587
BankRate ReportView
Year Chartered1966
Employees178
Primary Regulator

Assets and Liabilities

Assets$828.63 million
Loans$605.60 million
Deposits$762.53 million
Equity Capital$57.96 million
Loan Loss Allowance$4.70 million
Unbacked Noncurrent Loans$11.77 million
Real Estate Owned$716,000

Historic Data - March 2012

Assets$834.19 million
Equity Capital$56.51 million
Loan Loss Allowance$4.66 million
Unbacked Noncurrent Loans$25.76 million
Real Estate Owned$1.03 million

Profit Margin - Quarterly

Net Interest Margin1.04%
Return on Assets0.41%
Return on Equity5.87%
Interest Income$7.41 million
Non-Interest Income$705,000

Institution Health


Overall Score:
3 out of 5
3
Texas Ratio3
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, 2013 USAlliance Credit Union had $12.49 million in non-current loans and owned real-estate with $62.65 million in equity and loan loss allowances on hand to cover it. This gives USAlliance Credit Union a Texas Ratio of 19.93% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend5
The Texas Ratio for USAlliance Credit Union decreased significantly from 43.80% as of March 31, 2012 to 19.93% as of March 31, 2013, resulting in a positive change of 54.49%.This indicates that the balance sheet and financial strength for USAlliance Credit Union has improved significantly in recent periods.
Deposit Growth3
In the past year, USAlliance Credit Union has decreased its total deposits by -$7.62 million, resulting in -0.99% 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 USAlliance Credit Union has shown is average.
Capitalization2
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. USAlliance Credit Union has $828.63 million in assets with $62.65 million in equity, resulting in a capitalization level of 7.56%, which is below average.
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