Italo-american

6650 Myrtle Ave
Glendale, NY 11385

Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 110
Date Established 1935
Assets $18.42 million
Loans $14.43 million
Deposits $16.13 million
Capital $1.77 million

Italo-american is an NCUA insured institution located in Glendale, NY. It was founded in 1935 and has approximately $18.42 millions in assets.

Savings Rates

Your Current Location: Virginia, VA 20146

We do not yet have rates for Italo-american

We're working to get deposit rates for every credit union in the world. Please bare with us until we are able to get rates for this credit union.

Back to Italo-american

Note to Italo-american
To upload and update your credit union's rates please register. It is free to register and add rates.

Loan Rates

Your Current Location: Virginia, VA 20146

BestCashCow tracks mortgage, home equity, and auto loan rates. In the future, we will be adding other loan products. Please contact the lender for questions about their loan products.

There are currently no rates available for ITALO-AMERICAN

We're working to get rates for every bank in the world. Please bare with us until we are able to get rates for this bank.

Back to ITALO-AMERICAN

Note to ITALO-AMERICAN
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Below are Italo-american 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


Italo-american Locations

Financial Details

Italo-american Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Italo-american. The data is provided by the NCUA. Please remember that all federal credit unions listed on BestCashCow.com are NCUA insured. No depositor has ever lost money while their funds have been insured by NCUA.

Texas Ratio
Italo-american U.S. Average
2.00% 4.91%

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. As of March 31, 2016, Italo-american had $35,622 in non-current loans and $0 in owned assets. To cover these potential losses it had $1,769,786 in net worth and $11,993 in loans loss reserves. That gives it a Texas Ratio of 2.00%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a credit union has to absorb its loan losses.

Net Worth
Italo-american U.S. Average
9.81% 10.85%

Italo-american FCU has a net worth of 9.81% versus the BestCashCow average of 10.85%. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Customer Reviews for ITALO-AMERICAN

There are currently no comments for ITALO-AMERICAN. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →