Featured Savings Rates
Featured Accounts

Lockport Schools Federal Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
0.35%1-year CD1 Year Share Certificate
0.22%SavingsShare (Savings) Account
0.10%Checking Share Draft (Checking) Account

Overview / Commentary
716-433-7740
360 S Transit St
Lockport, NY 14094-4848

Lockport Schools Federal Credit Union is headquartered in Lockport and is the 220th largest credit union in the state of New York. It is also the 3,938th largest credit union in the nation. It was established in 1966 and as of December of 2016, it had grown to 3 employees and 1,187 members at 1 location. Lockport Schools Federal Credit Union has a B health rating.

Field of Membership Restrictions

Membership is open to employees and retirees of the Lockport City School District.
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Health
Additional 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. Lockport Schools Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #17372
Year Chartered1966
Employees3
Primary Regulator
Profit Margin
Return on Assets - YTD0.29%
Return on Equity - YTD3.09%
Annual Interest Income$355.00K
Assets and Liabilities
AssetsQ4 2016vs Q4 2015$12.9MM$11.6MM
LoansQ4 2016vs Q4 2015$5.0MM$4.5MM
DepositsQ4 2016vs Q4 2015$11.7MM$10.4MM
Equity CapitalQ4 2016vs Q4 2015$1.2MM$1.2MM
Loan Loss AllowanceQ4 2016vs Q4 2015$23.00K$22.00K
Unbacked Noncurrent LoansQ4 2016vs Q4 2015$11.00K$42.00K
Real Estate OwnedQ4 2016vs Q4 2015$0$0
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Lockport Schools Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%--I.R.A Variable Account
0.22%*$20k*-Share (Savings) Account
OTHER TIERS: 0.10% $100 - $2k | 0.14% $2k - $5k | 0.18% $5k - $20k

Lockport Schools Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%-- Share Draft (Checking) Account

Lockport Schools Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.35%$1k-1 Year Share Certificate
0.25%$1k-6 Month Share Certificate
Locations


Lockport Schools Federal Credit Union Locations
Branch Office360 S Transit StLockport, NY 14094-4848