Umico Federal Credit Union

Headquarters

180 Genesee St
New Hartford, NY 13413
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 2.55% →
1-Year CD N.A. 2.80% →
2-Year CD N.A. 3.20% →
5-Year CD N.A. 3.65% →
30-Year Mortgage N.A. 6.31% →
15-Year Mortgage N.A. 5.86% →
HELOC N.A. 2.79% →

2022 Overview

General Credit Union Information

Umico is an NCUA insured institution located in New Hartford, NY. It was founded in 1939 and has approximately $9.79 millions in assets.

NCUA Insured Yes / Federally Chartered
Charter Number # # 3313
Date Established 1939
Assets $9.79 million
Loans $3.91 million
Deposits $8.94 million
Capital $0.85 million
 

Deposit Rates - August 13, 2022

Your Current Location: Connecticut, CT 06828

We do not yet have rates for Umico

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 Umico

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

Advertiser Disclosure

Loan Rates - August 13, 2022

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for UMICO

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



Featured - Connecticut 30 Year Fixed Mortgage Rates 2022

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Better.com
NMLS ID: 330511
5.325% 5.250% 0.88 $2,100 $1,381 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
4.851% 4.750% 0.75 $2,920 $1,305 Learn More
Morty, Inc.
NMLS ID: 1429243
4.697% 4.625% 0.88 $2,098 $1,286 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2022

Lender APR (%)? Monthly Payment? Learn More

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


 

Branches

Below are Umico 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:
Fairfield,Connecticut



Climate Initiatives

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

Financial Details

Umico Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Umico. 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
Umico U.S. Average
1.10% 4.75

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 March 31, 2022, Umico had $9,496 in non-current loans and $0 in owned assets. To cover these potential losses it had $845,295 in net worth and $20,229 in loans loss reserves. That gives it a Texas Ratio of 1.10%.

Net Worth
Umico U.S. Average
8.64% 12.28%

Umico FCU has a net worth of 8.64% versus the BestCashCow average of 12.28. 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 UMICO

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

Add Your Review

Rate it here →