Lockport Schools Federal Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	HOW THEY COMPARE
1.00%	1-year CD	2.65% - Barclays 12 Month Online CD
0.40%	Savings	2.00% - Ally Bank Online Savings Account
1.50%	3-year CD	2.85% - Synchrony Bank 36 Month CD

View all Lockport Schools Federal Credit Union rates »

Overview / Commentary

www.lockportschoolsfcu.org

716-433-7740

360 S Transit St
Lockport, NY 14094-4848

Lockport Schools Federal Credit Union is headquartered in Lockport and is the 210^th largest credit union in the state of New York. It is also the 3,763^rd largest credit union in the nation. It was established in 1966 and as of September of 2018, it had grown to 3 employees and 1,270 members at 1 location. Lockport Schools Federal Credit Union's CD rates are 11% higher than the national average, and it has a C+ health rating.

Field of Membership Restrictions

Membership is open to employees and retirees of the Lockport City School District.
See current membership details

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Health

C+

Data as of Q3 2018

Learn why bank health matters

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 Chartered	1966
Employees	3
Primary Regulator

Profit Margin
Return on Assets - YTD	0.63%
Return on Equity - YTD	6.8%
Annual Interest Income	$368.00K

Assets and Liabilities
Assets	Q3 2018vs Q3 2017	$13.6MM$13.4MM
Loans	Q3 2018vs Q3 2017	$7.5MM$5.7MM
Deposits	Q3 2018vs Q3 2017	$12.3MM$12.2MM
Equity Capital	Q3 2018vs Q3 2017	$1.3MM$1.2MM
Loan Loss Allowance	Q3 2018vs Q3 2017	$36.00K$24.00K
Unbacked Noncurrent Loans	Q3 2018vs Q3 2017	$85.00K$66.00K
Real Estate Owned	Q3 2018vs Q3 2017	$0$0

Rates

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Savings
Checking
CD

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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

APY	MIN	MAX	ACCOUNT NAME
1.00%	-	-	IRA Variable Account
0.40%^*	$20k^*	-	Share (Savings) Account
OTHER TIERS: 0.15% → $100 - $2k \| 0.20% → $2k - $5k \| 0.27% → $5k - $20k
0.40%^*	$20k^*	-	Club Accounts
OTHER TIERS: 0.15% → $100 - $2k \| 0.20% → $2k - $5k \| 0.27% → $5k - $20k

Lockport Schools Federal Credit Union Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.10%	-	-	Share Draft (Checking) Account

Lockport Schools Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.50%	$1k	-	3 Year CD
1.25%	$1k	-	2 Year CD
1.00%	$1k	-	1 Year CD
0.50%	$1k	-	6 Month CD

Locations

Lockport Schools Federal Credit Union Locations
Branch Office	360 S Transit St	Lockport, NY 14094-4848

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