Inner Lakes Federal Credit Union

Headquarters

19-21 E Main St
Westfield, NY 14787
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 0.85% →
1-Year CD 0.50% 0.67% →
2-Year CD 0.65% 0.80% →
5-Year CD N.A. 1.25% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Credit Union Information

Inner Lakes is an NCUA insured institution located in Westfield, NY. It was founded in 1952 and has approximately $132.69 millions in assets.

NCUA Insured Yes / Federally Chartered
Charter Number # # 7717
Date Established 1952
Assets $132.69 million
Loans $44.68 million
Deposits $122.16 million
Capital $9.88 million
 

Field of Membership Restrictions

Must be an employee or member of any board of education who work in any school at Bemus Point, Brocton, Cassadaga, Chautauqua Lake, Fredonia, Ripley, Sherman or Westfield, New York or be an employee of other select companies and organizations.

Deposit Rates - December 3, 2021

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
SAV
0.10% $5 $34,999 Learn More
Money Market
0.20% $2,500 $4,999 Learn More
Money Market
0.20% $5,000 $24,999 Learn More
Money Market
0.25% $25,000 $49,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.40% $500 - Learn More
12 Mo CD
0.50% $500 - Learn More
18 Mo CD
0.60% $500 - Learn More
24 Mo CD
0.65% $1,000 - Learn More
36 Mo CD
0.70% $1,000 - Learn More
48 Mo CD
0.75% $1,000 - Learn More
Variable IRA Rates APY MIN MAX
VIRA
0.65% $1 $4,999 Learn MoreShow Less

Loan Rates - December 3, 2021

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for INNER LAKES

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:



Featured - Virginia 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
New American Funding
NMLS ID: 6606
3.002% 2.875% 1.00 $4,099 $1,038 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info
Flagstar Bank-Heloc
Flagstar Bank-Heloc
See Table
4.990 %
$0 Learn More
More Info

Note to INNER LAKES
To upload and update your bank's rates please register. It is free to register and add rates.


 

Branches

Below are Inner Lakes branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Inner Lakes Locations



Climate Initiatives

INNER LAKES is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.

Financial Details

Inner Lakes Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Inner Lakes. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Inner Lakes U.S. Average
1.01% 3.79

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of June 30, 2021, Inner Lakes had $101,574 in non-current loans and $0 in owned assets. To cover these potential losses it had $9,877,388 in net worth and $216,048 in loans loss reserves. That gives it a Texas Ratio of 1.01%.

Net Worth
Inner Lakes U.S. Average
7.44% 12.22%

Inner Lakes FCU has a net worth of 7.44% versus the BestCashCow average of 12.22. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

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