Kenmore Teachers Federal Credit Union
LOCATIONS
1
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HEALTH RATING
B
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CURRENT TOP RATE
1.36% APY
IRA Share
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Overview / Commentary
Kenmore Teachers Federal Credit Union is headquartered in Buffalo and is the 118th largest credit union in the state of New York. It is also the 2,381st largest credit union in the nation. It was established in 1935 and as of December of 2019, it had grown to 10 employees and 3,732 members at 1 location. Kenmore Teachers Federal Credit Union has a B health rating.
Field of Membership Restrictions
Membership is open to employees of Kenmore-Town of Tonawanda School District and other Selected Employee Group.
See current membership details
Health
B
Data as of Q4 2019
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Kenmore Teachers Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 858 |
| Year Chartered | 1935 |
| Employees | 10 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.42% |
| Return on Equity - YTD | 5.05% |
| Annual Interest Income | $1.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $46.9MM$46.2MM |
| Loans | Q4 2019vs Q4 2018 | $21.2MM$18.5MM |
| Deposits | Q4 2019vs Q4 2018 | $42.8MM$42.4MM |
| Equity Capital | Q4 2019vs Q4 2018 | $3.9MM$3.7MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $32.00K$30.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $343.00K$227.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |