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225 Chestnut St
Rochester, NY 14604

ESL Federal Credit Union is headquartered in Rochester and is the 3rd largest credit union in the state of New York. It is also the 22nd largest credit union in the nation. It was established in 1995 and as of December of 2013, it had grown to 515 employees and 323,559 members. ESL Federal Credit Union's money market rates are 14% higher than the national average, and it boasts a A+ health rating.

Field of Membership Restrictions

Must live, work, worship or attend school located in the geographic boundaries of the City of Rochester. Also open to those who work in Eastman Kodak Company or several related companies. - See Details

Reviews (2)

Best For People And Small Business

  Best in the Rochester Area. Excellent Customer service also available by phone in early evening.  They don't charge unnecessary fees.  I had children bounce checks and they forgave them the fees. They also share some profits with the customer based on total interest you paid on Mortages and Loans.

The Best Credit Union To Deal With.

I have been a customer of ESL since the mid-1980s. In that time, I have had checking accounts, savings accounts, mortgages, CDs, and lots of interactions with the staff as well as the website. I regularly pay all my bills using the internet bill pay. ESL does a nice job of updating the site and making it even better from year to year.

At the same time, I have had to deal with the banks of family members to manage their accounts, so I have a point of comparison. In a nutshell there is no comparison. ESL is great.

Hands down ESL continues to impress me. They also, in our area of Rochester NY, have many branches and ATMs, so when I need cash, I don't have to pay to get it. I have convinced many people to switch to ESL and they have thanked me.

The members reward benefit is always a nice surprise this time of year as well. It comes just as the holiday bills come in and eases the way into the new year.


Data for Q4 2013

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 ESL Federal Credit Union had $19.13 million in non-current loans and owned real-estate with $678.49 million in equity and loan loss allowances on hand to cover it. This gives ESL Federal Credit Union a Texas Ratio of 2.82% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for ESL Federal Credit Union experienced no significant changes from 2.71% as of December 31, 2012 to 2.82% as of December 31, 2013, resulting in a negative change of 4.11%. This indicates that the balance sheet and financial strength for ESL Federal Credit Union has had no significant changes in recent periods.

Deposit Growth


In the past year, ESL Federal Credit Union has increased its total deposits by $56.62 million, resulting in 2.06% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth ESL Federal Credit Union has shown is above average.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. ESL Federal Credit Union has $4.75 billion in assets with $678.49 million in equity, resulting in a capitalization level of 14.29%, which is excellent.

Institution Statistics

NCUA #24563
Year Chartered1995
Primary Regulator
Assets and Liabilities
Assets$4.75 billion
Loans$2.32 billion
Deposits$2.81 billion
Equity Capital$647.27 million
Loan Loss Allowance$31.23 million
Unbacked Noncurrent Loans$18.57 million
Real Estate Owned$558,000
Historic Data - December 2012
Assets$4.43 billion
Equity Capital$612.45 million
Loan Loss Allowance$29.53 million
Unbacked Noncurrent Loans$18.57 million
Real Estate Owned$106,000
Profit Margin - Quarterly
Net Interest Margin3.71%
Return on Assets1.17%
Return on Equity8.6%
Interest Income$154.72 million

Always verify rates and promotions with the bank or credit union. We are not ESL Federal Credit Union, we are a rate comparison website and can not provide official rates or promotions.

ESL Federal Credit Union Savings Account Rates

0.05%--Daily Dividend Savings Account
0.05%--Holiday Club Savings Account
0.05%--Health Savings Account
0.05%$300-Secured Credit Card Savings Account
0.05%--Business Savings Accounts

ESL Federal Credit Union Money Market Rates

0.50%$250k-Premier Money Maker Account
0.35%$50k-IRA Money Maker Account
0.35%$50k-Money Maker Account
0.35%$50k-Roth IRA Money Maker Account
0.35%$50k-Coverdell Education Money Maker Account
0.30%$250k-Business Money Maker Account

ESL Federal Credit Union Checking Account Rates

0.20%$250k-Business Premier Checking
0.05%--Premier Checking

ESL Federal Credit Union CD Rates

1.10%$100k-60 Month Jumbo Share Certificate
0.95%$500-60 Month Call Certificate
0.85%$100k-48 Month Jumbo Share Certificate
0.65%$100k-36 Month Jumbo Share Certificate
0.50%$500-48 Month Share Certificate
0.50%$500-60 Month Share Certificate
0.50%$500-72 Month Share Certificate
0.50%$500-84 Month Share Certificate
0.50%$500-96 Month Share Certificate
0.50%$500-108 Month Share Certificate
0.50%$500-120 Month Share Certificate
0.50%$100k-360 Day Jumbo Share Certificate
0.50%$100k-24 Month Jumbo Share Certificate
0.50%$1k-Business 48 Month CD
0.50%$1k-Business 60 Month CD
0.50%$1k-Business 72 Month CD
0.50%$1k-Business 84 Month CD
0.50%$1k-Business 96 Month CD
0.50%$1k-Business 108 Month CD
0.50%$1k-Business 120 Month CD
0.40%$500-24 Month Call Certificate
0.40%$500-30 Month Share Certificate
0.30%$500-18 Month Share Certificate
0.30%$100k-30 Day Jumbo Share Certificate
0.30%$100k-60 Day Jumbo Share Certificate
0.30%$100k-90 Day Jumbo Share Certificate
0.30%$100k-180 Day Jumbo Share Certificate
0.20%$500-12 Month Share Certificate
0.20%$500-12 Month Tax Deferred Share Certificate
0.20%$500-24 Month Share Certificate
0.20%$500-36 Month Share Certificate
0.20%$1k-Business 12 Month CD
0.20%$1k-Business 18 Month CD
0.20%$1k-Business 24 Month CD
0.20%$1k-Business 36 Month CD
0.10%$500-6 Month Share Certificate
0.10%$500-6 Month Variable Share Certificate
0.10%$500-9 Month Share Certificate
0.10%$1k-Business 6 Month CD
0.05%$1k-31 Day Share Certificate
0.05%$500-3 Month Share Certificate
0.05%$5k-Business 7 Day CD
0.05%$5k-Business 14 Day CD
0.05%$5k-Business 21 Day CD
0.05%$5k-Business 31 Day CD
0.05%$1k-Business 60 Day CD
0.05%$1k-Business 3 Month CD

ESL Federal Credit Union IRA Rates

1.10%$100k-60 Month Jumbo IRA Certificate (Traditional,Roth)
0.85%$100k-48 Month Jumbo IRA Certificate (Traditional,Roth)
0.65%$100k-36 Month Jumbo IRA Certificate (Traditional,Roth)
0.50%$100k-360 Day Jumbo IRA Certificate (Traditional,Roth)
0.50%$100k-24 Month Jumbo IRA Certificate (Traditional,Roth)
0.50%$100-48 Month IRA Certificate (Traditional,Roth,CESA)
0.50%$100-60 Month IRA Certificate (Traditional,Roth,CESA)
0.50%$100-72 Month IRA Certificate (Traditional,Roth,CESA)
0.50%$100-84 Month IRA Certificate (Traditional,Roth,CESA)
0.50%$100-96 Month IRA Certificate (Traditional,Roth,CESA)
0.50%$100-108 Month IRA Certificate (Traditional,Roth,CESA)
0.50%$100-120 Month IRA Certificate (Traditional,Roth,CESA)
0.40%$100-30 Month IRA Certificate (Traditional,Roth,CESA)
0.30%$100k-30 Day Jumbo IRA Certificate (Traditional,Roth)
0.30%$100k-60 Day Jumbo IRA Certificate (Traditional,Roth)
0.30%$100k-90 Day Jumbo IRA Certificate (Traditional,Roth)
0.30%$100k-180 Day Jumbo IRA Certificate (Traditional,Roth)
0.30%$100-18 Month Variable IRA Certificate (Traditional,Roth,CESA)
0.20%$100-12 Month IRA Certificate (Traditional,Roth,CESA)
0.20%$100-24 Month IRA Certificate (Traditional,Roth,CESA)
0.20%$100-36 Month IRA Certificate (Traditional,Roth,CESA)
0.10%$100-6 Month Variable IRA Certificate (Traditional,Roth,CESA)
0.10%$100-9 Month IRA Certificate (Traditional,CESA,Roth)
0.05%$100-31 Day IRA Certificate (Traditional,Roth,CESA)

ESL Federal Credit Union has 20 locations. Click to view all ESL Federal Credit Union locations.