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BankHealth

CAYUGA LAKE NATIONAL BANK

UNION SPRINGS, NEW YORK · FDIC Cert #6954

A
Health Score
83/100
$285M
Total Assets
$260M
Total Deposits
15.05%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, CAYUGA LAKE NATIONAL BANK holds a Tier 1 capital ratio of 15.05%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning CAYUGA LAKE NATIONAL BANK has a strong buffer to absorb potential losses.

Key Financial Metrics

1.50%
Nonperforming Loans
Moderate — some loan stress
30.54%
Liquidity Ratio
Strong — can meet withdrawal demands
0.03%
Return on Assets
Low profitability
$260M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

CAYUGA LAKE NATIONAL BANK shows strong financial health indicators. With $285M in assets and a Health Score of 83/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.

Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.

Frequently Asked Questions

CAYUGA LAKE NATIONAL BANK has a Bank Health Score of A (83/100). It holds a Tier 1 capital ratio of 15.05%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.

CAYUGA LAKE NATIONAL BANK holds $285M in total assets and $260M in total deposits. It is located in UNION SPRINGS, NEW YORK (FDIC Certificate #6954).

CAYUGA LAKE NATIONAL BANK has a Tier 1 capital ratio of 15.05%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 1.50%, and the return on assets is 0.03%.

Yes. CAYUGA LAKE NATIONAL BANK is FDIC-insured (Certificate #6954). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.

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