Western New York Credit Union

Western New York Credit Union is headquartered in West Seneca and is the 138^th largest credit union in the state of New York. It is also the 2,857^th largest credit union in the nation. It was established in 1964 and as of December of 2011, it had grown to 12 employees and 6,921 members. Western New York Credit Union has a 4-star health rating.

Western New York Credit Union Savings Account Rates

Western New York Credit Union CD Rates

Data for Q4 2011

Institution Statistics WESTERN NEW YORK NCUA # 16042 BankRate Report View Year Chartered 1964 Employees 12 Primary Regulator Assets and Liabilities Assets $31.52 million Loans $22.77 million Deposits $28.40 million Equity Capital $2.95 million Loan Loss Allowance $78,000 Unbacked Noncurrent Loans $109,000 Historic Data - December 2010 Assets $31.09 million Equity Capital $2.58 million Loan Loss Allowance $40,000 Unbacked Noncurrent Loans $143,000 Profit Margin - Quarterly Net Interest Margin 5.87% Return on Assets 1.2% Return on Equity 12.76% Interest Income $1.65 million Non-Interest Income $513,000

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 December 31, 2011 Western New York Credit Union had $109,000 in non-current loans and owned real-estate with $3.03 million in equity and loan loss allowances on hand to cover it. This gives Western New York Credit Union a Texas Ratio of 3.59% 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 Western New York Credit Union decreased slightly from 5.47% as of December 31, 2010 to 3.59% as of December 31, 2011, resulting in a positive change of 34.23%.This indicates that the balance sheet and financial strength for Western New York Credit Union has improved slightly in recent periods. Deposit Growth In the past year, Western New York Credit Union has increased its total deposits by $49,000, resulting in 0.17% 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 Western New York Credit Union has shown is 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. Western New York Credit Union has $31.52 million in assets with $3.03 million in equity, resulting in a capitalization level of 9.62%, which is average.

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