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Visions Federal Credit Union

Visions Federal Credit Union Locations

24 McKinley Ave
Endicott, NY 13760
(607)786-2000
www.visionsfcu.org

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Visions Federal Credit Union is headquartered in Endicott and is the 6^th largest credit union in the state of New York. It is also the 42^nd largest credit union in the nation. It was established in 1966 and as of September of 2011, it had grown to 272 employees and 127,465 members. Visions Federal Credit Union's savings rates are 92% higher than the national average, and it boasts a 5-star health rating.

Related Posts

Top 5-Year CD & IRA CD Rate at Visions FCU in New York State - Local Only - 10/21/2011

Visions Federal Credit Union is offering a good deal on its 5-year CD and IRA CD. The standard rate is 2.79% APY with a minimum balance of $500. A member can qualify for a relationship rate of 3.05% A ...

Survey of the Best Local CD Rates in Rochester, Seattle, Minneapolis and Other Cities - 5/20/2011

There were quite a few rate changes to my list from last week . We lost some more 3.00%+ 5-year CDs. PEF Federal Credit Union in the Cleveland area reduced its 5-year CD yield from 3.29% to 2.93%, and ...

Hot CD Special at Visions Federal Credit Union at Rochester New York Branch Only - 5/17/2011

Visions Federal Credit Union 's new branch in Rochester New York is offering two hot CD specials: 5.00% APY 5-month CD and 3.50% APY 35-month CD. Minimum deposit is $2,500, and the maximum is $100,000 ...

Top CD & IRA CD Rates at Visions FCU in New York State - Local Only - 6/30/2010

Visions Federal Credit Union continues to offer some competitive CD and IRA CD rates. The rates have dropped since my March post , but they remain competitive. The noteworthy CD rates for a minimum of ...

2010

2009

3/27 - 3.25% 12-Month CD & Other High CD Rates at Visions FCU in NY & PA

2007

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

Visions Federal Credit Union Checking Account Rates

	Apy	Min	Max	Product
	1.16%	$250k	-	Pacesetter Plus w/ Relationship
	0.90%	$250k	-	Pacesetter Plus
	0.65%	$10k	-	VisionsPlus Checking
	0.65%	$10k	-	HSA ADV. Checking

Visions Federal Credit Union Savings Account Rates

	Apy	Min	Max	Product
	1.00%	$100	-	IRA Accumulator
	1.00%	-	-	CD Accumulator
	1.00%	$100	-	Roth IRA Accumulator
	1.00%	$100	-	CESA Accumulator

Visions Federal Credit Union Money Market Rates

	Apy	Min	Max	Product
	4.06%	-	$500	Pays-to-Save Primary Share Money Manager
	0.65%	$2,500	-	Share Money Manager

Visions Federal Credit Union CD Rates

	Apy	Min	Max	Product
	2.53%	$500	-	5 Year CD - Relationship
	2.28%	$500	-	5 Year CD - Superior
	1.77%	$500	-	3 1/2 Year Variable CD - Superior
	1.51%	$500	-	2 1/2 Year - 41 Month CD - Relationship
	1.26%	$500	-	2 1/2 Year - 41 Month CD - Superior
	1.00%	$500	-	1 Year - 29 Month CD - Relationship
	0.85%	$2,500	-	6 - 11 Month CD - Relationship
	0.75%	$500	-	1 Year - 29 Month CD - Superior
	0.75%	$2,500	-	91 Day CD - Relationship
	0.60%	$2,500	-	6 - 11 Month CD - Superior
	0.50%	$2,500	-	91 Day CD - Superior

Visions Federal Credit Union IRA Rates

	Apy	Min	Max	Product
	2.53%	$500	-	5 Year IRA - Relationship
	2.53%	$500	-	5 Year Roth IRA - Relationship
	2.53%	$500	-	5 Year CESA - Relationship
	2.28%	$500	-	5 Year IRA - Superior
	2.28%	$500	-	5 Year Roth IRA - Superior
	2.28%	$500	-	5 Year CESA - Superior
	1.77%	$500	-	3 1/2 Year Variable IRA - Superior
	1.77%	$500	-	3 1/2 Year Variable Roth IRA - Superior
	1.77%	$500	-	3 1/2 Year Variable CESA - Superior
	1.51%	$500	-	32 Month IRA Super Saver - Superior
	1.51%	$500	-	2 1/2 Year - 41 Month IRA - Relationship
	1.51%	$500	-	2 1/2 Year - 41 Month Roth IRA - Relationship
	1.51%	$500	-	32 Month Roth IRA Super Saver - Superior
	1.51%	$500	-	2 1/2 Year - 41 Month CESA - Relationship
	1.51%	$500	-	32 Month CESA Super Saver - Superior
	1.26%	$500	-	2 1/2 Year - 41 Month IRA - Superior
	1.26%	$500	-	2 1/2 Year - 41 Month Roth IRA - Superior
	1.26%	$500	-	2 1/2 Year - 41 Month CESA - Superior
	1.00%	$500	-	15 Month IRA - Superior
	1.00%	$500	-	1 Year - 29 Month IRA - Relationship
	1.00%	$500	-	1 Year - 29 Month Roth IRA - Relationship
	1.00%	$500	-	15 Month Roth IRA - Superior
	1.00%	$500	-	1 Year - 29 Month CESA - Relationship
	1.00%	$500	-	15 Month CESA - Superior
	0.85%	$2,500	-	6 - 11 Month IRA - Relationship
	0.85%	$2,500	-	6 - 11 Month Roth IRA - Relationship
	0.85%	$2,500	-	6 - 11 Month CESA - Relationship
	0.75%	$500	-	1 Year - 29 Month IRA - Superior
	0.75%	$2,500	-	91 Day IRA - Relationship
	0.75%	$2,500	-	91 Day Roth IRA - Relationship
	0.75%	$500	-	1 Year - 29 Month Roth IRA - Superior
	0.75%	$2,500	-	91 Day CESA - Relationship
	0.75%	$500	-	1 Year - 29 Month CESA - Superior
	0.60%	$2,500	-	6 - 11 Month IRA - Superior
	0.60%	$2,500	-	6 - 11 Month Roth IRA - Superior
	0.60%	$2,500	-	6 - 11 Month CESA - Superior
	0.50%	$2,500	-	91 Day IRA - Superior
	0.50%	$2,500	-	91 Day Roth IRA - Superior
	0.50%	$2,500	-	91 Day CESA - Superior

Rates updated: 2/11/2012

Data for Q3 2011

Institution Statistics

VISIONS
NCUA #	17429
BankRate Report	View
Year Established	1966
Employees	272
Primary Regulator
Assets and Liabilities
Assets	$2.67 billion
Loans	$1.43 billion
Deposits	$2.32 billion
Equity Capital	$334.29 million
Loan Loss Allowance	$18.43 million
Unbacked Noncurrent Loans	$8.80 million
Real Estate Owned	$570,000
Historic Data - September 2010
Assets	$2.52 billion
Equity Capital	$308.29 million
Loan Loss Allowance	$17.31 million
Unbacked Noncurrent Loans	$6.67 million
Real Estate Owned	$230,000
Profit Margin - Quarterly
Net Interest Margin	2.92%
Return on Assets	0.69%
Return on Equity	5.47%
Interest Income	$68.23 million
Non-Interest Income	$8.74 million

Institution Health

Overall Score:

5 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 September 30, 2011 Visions Federal Credit Union had $9.37 million in non-current loans and owned real-estate with $352.72 million in equity and loan loss allowances on hand to cover it. This gives Visions Federal Credit Union a Texas Ratio of 2.66% 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 Visions Federal Credit Union held steady from 2.12% as of September 30, 2010 to 2.66% as of September 30, 2011, resulting in a negative change of 25.41%. This indicates that the balance sheet and financial strength for Visions Federal Credit Union has held steady in recent periods.
Deposit Growth
In the past year, Visions Federal Credit Union has increased its total deposits by $125.58 million, resulting in 5.73% 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 Visions Federal 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. Visions Federal Credit Union has $2.67 billion in assets with $352.72 million in equity, resulting in a capitalization level of 13.23%, which is excellent.

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Customer For 2 1/2 Years At Syracuse Branch
5 stars

5 stars

- Anonymous - Monday, April 5, 2010 - 2:19 PM

Customer for 2 1/2 years at Syracuse branch. Reasonably competitive rates; very professional, friendly and efficient service.

Highly recommended.

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