New York. New York. First Quarter Prepared by: CUNA Economics and Statistics

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1 Third Mid Quarter Year New York New York First Quarter 2017 Prepared by: CUNA Economics and Statistics

2 Source: Datatrac, NCUA, and CUNA. (1)Assumes 2.1 credit union members per household.

3 Loan Product Comparative Interest Rates (%) by Loan Type month new car (A paper) 48-month used car (A paper) Unsecured loan (A paper) 5-year adjustable rate 15-year fixed rate 1st 30-year fixed rate 1st 1st mortgage, 0 mortgage, 0 ptsmortgage, 0 pts pts Home equity / 2nd mtg, 80% LTV 0 pts Credit card - rewards Credit card - platinum New York Credit Unions New York Banks

4 Savings Product Comparative Interest Rates (%) by Savings Account Type Retirement (IRA) accounts Year certificate $10,000 balance Money market accounts Share draft checking, $5,000 balance Regular savings, $1,000 balance New York Credit Unions New York Banks

5 Comparative Fees by Type $1, $1, $27.83 $33.45 $24.56 $34.18 Share draft checking, NSF fee Credit cards, late fee Mortgages, closing costs New York Credit Unions New York Banks

6 New York Credit Union and Banking Institution September 2018 Average Interest Rates and Fees Average Rate at Average Rate Rate Difference Loan Products Credit Unions (%) at Banks (%) vs. Banks (%) 60-month new car (A paper) month used car (A paper) Unsecured loan (A paper) year adjustable rate 1st mortgage, 0 pts year fixed rate 1st mortgage, 0 pts year fixed rate 1st mortgage, 0 pts Home equity / 2nd mtg, 80% LTV 0 pts Credit card - rewards Credit card - platinum Savings Products Regular savings, $1,000 balance Share draft checking, $5,000 balance Money market accounts Year certificate $10,000 balance Retirement (IRA) accounts Fee Income Share draft checking, NSF fee $27.83 $ $5.62 Credit cards, late fee $24.56 $ $9.62 Mortgages, closing costs $1, $1, $ Source: Datatrac

7 State Credit Union's Total Loan Rate Benefits Compared to State Banking Institutions by Loan Type $110,183,571 $85,409,177 $76,326,018 $53,975,429 $33,348,965 $1,955,197 -$5,545,204 -$3,850,794 New car loans Used car loans Personal unsecured loans 5-year adjustable rate 1st mortgage 15-year fixed rate 1st mortgage 30-year fixed rate 1st mortgage Home equity / 2nd mortgage loans Credit cards

8 State Credit Union's Total Savings Dividend Benefits Compared to State Banking Institutions by Account Type $36,528,029 $22,045,496 $8,560,829 $2,926,512 $349,980 Regular shares Share draft checking Money market accounts Certificate accounts Retirement (IRA) accounts

9 Rate Total Avg. Balance Difference Financial Benefit at vs. New York to Your Loans Credit Unions (1) Banks (%) (2) Members New car loans 4,692,811, $85,409,177 Used car loans 5,635,988, $110,183,571 Personal unsecured loans 3,279,150, $33,348,965 5-year adjustable rate 1st mortgage 11,798,307, $5,545, year fixed rate 1st mortgage 6,109,989, $1,955, year fixed rate 1st mortgage 5,423,653, $3,850,794 Home equity / 2nd mortgage loans 8,677,721, $53,975,429 Credit cards 1,956,951, $76,326,018 Interest rebates $39,174 Total CU member benefits arising from lower interest rates on loan products: $351,841,533 Savings Regular shares 26,604,657, $2,926,512 Share draft checking 8,749,500, $349,980 Money market accounts 13,952,845, $22,045,496 Certificate accounts 13,629,861, $36,528,029 Retirement (IRA) accounts 4,019,168, $8,560,829 Bonus dividends in period $0 Total CU member benefit arising from higher interest rates on savings products: $70,410,847 Fee Income Estimated Financial Benefits for New York Credit Unions September 2018 Total CU member benefit arising from fewer / lower fees: $89,914,839 Total CU member benefit arising from interest rates on loans, savings products and lower fees: $512,167,218 Total CU member benefit / member: $90 Total CU member benefit / member household: $189 Source: Datatrac, NCUA, and CUNA (1) Average balance as of September 2018 and September 2017, according to the NCUA call report.; (2) Source for rates and fees: Datatrac;

10 New York Credit Union Performance Profile Demographic Information Sep 18 Sep 17 Number of branches 1,059 1,051 Total assets ($ mil) 83,078 80,173 Total loans ($ mil) 54,590 51,717 Total surplus funds ($ mil) 25,654 26,119 Total savings ($ mil) 70,702 67,760 Total members (thousands) 5,872 5,550 Growth Rates (Trailing 12 months) * Total assets 6.0 % 5.7 % Total loans 9.5 % 9.2 % Total surplus funds -1.1 % -0.1 % Total savings 7.1 % 5.1 % Total members 6.5 % 4.0 % Earnings - Basis Pts. * Yield on total assets Dividend / interest cost of assets Fee & other income Operating expense Loss Provisions Net Income (ROA) after stabilization exp Capital Adequacy Net worth / assets Asset Quality * Delinquencies / loans Net chargeoffs / average loans Total borrower-bankruptcies Bankruptcies per 1000 members Asset/Liability Management Loans / savings Loans / assets Long-term assets / assets Core deposits/shares & borrowings Productivity Members / potential members Borrowers / members Members / FTE Average shares / members ($) 12,041 12,209 Average loan balances ($) 17,854 17,836 Salary & Benefits / FTE 81,797 81,473 * Earnings, net chargeoffs, and bankruptcies are year-to-date numbers annualized. Due to significant seasonal variation, balance sheet growth rates are for the trailing 12 months.

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