Access Federal Credit Union is headquartered in Clinton and is the 51st largest credit union in the state of New York. It is also the 1,101st largest credit union in the nation. It was established in 1947 and as of June of 2023, it had grown to 43 employees and 22,804 members at 5 locations. Access Federal Credit Union's CD rates are 4X the national average, and it has a B+ health rating.
Field of Membership Restrictions
Access Federal Credit Union is open to businesses or other legal entities, and anyone who lives, works, worships, or attends school in the City of Oneida or New York counties of Fulton, Hamilton, Herkimer, Lewis, Madison, Montgomery, Oneida, or Otsego. Immediate family of current credit union members are also eligible.
See current membership details
Access Review
I have had a very good experience with access federal credit union. They are very friendly people and offer a great service. Some things that I really like about the union is that I can access my account online and through my phone and withdraw money any time of the day. I have a savings and checking account with access. They also offer reward cash back opportunities for shopping with certain stores such as k-mart. I really like the fact that I don't even have to go in the bank in order to make transactions. I also have the option to pay bills through the bank as well. One other unique thing is that I can deposit checks. Overall I would absolutely recommend this bank to any person looking for a bank.
Access is a good choice
I have had a very pleasant experience with this credit union since I have been with them. I used to cash my paychecks every week when I worked at a restaurant. When I got a new job and started using direct deposit I had to go their every couple of weeks to get my pay. And finally now, I use my smartphone and laptop to do any transactions with my credit union. I don't see any way the service could be better.
Access Federal Credit Union
I was a customer of Access Federal Credit Union for several years. I had grown tired of banks and feeling like I was just a number on a ledger and switched to a credit union. My experience with Access was pretty good. The people were friendly, and the interest rates were really competitive. I enjoyed getting a dividend every year and feeling like I could influence the direction of the institution. The reason I left was their online presence was quite disappointing. It was generic and did not allow much online banking. Lack of ATM locations meant it was difficult getting my money out of my account. If they refunded ATM fees that would have made things a lot easier for me to deal with.
Data as of Q2 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 5579 |
| Year Chartered | 1947 |
| Employees | 43 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.9% |
| Return on Equity - YTD | 12.07% |
| Annual Interest Income | $3.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2023vs Q2 2022 | $254.0MM$254.2MM |
| Loans | Q2 2023vs Q2 2022 | $146.8MM$138.5MM |
| Deposits | Q2 2023vs Q2 2022 | $231.8MM$234.7MM |
| Equity Capital | Q2 2023vs Q2 2022 | $18.9MM$18.1MM |
| Loan Loss Allowance | Q2 2023vs Q2 2022 | $0$726.00K |
| Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $500.00K$613.00K |
| Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |