Adirondack Regional Federal Credit Union
LOCATIONS
3
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HEALTH RATING
B+
View health report
CURRENT TOP RATE
1.05% APY
Plateau I Share
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Overview / Commentary
Adirondack Regional Federal Credit Union is headquartered in Tupper Lake and is the 104th largest credit union in the state of New York. It is also the 2,092nd largest credit union in the nation. It was established in 1947 and as of June of 2021, it had grown to 16 employees and 7,234 members at 3 locations. Adirondack Regional Federal Credit Union's savings rates are 2X the national average, and it has a B+ health rating.
Field of Membership Restrictions
Membership is open to those who live, work, worship, or attend school in Clinton, Essex, and Franklin Counties of New York and select areas of St. Lawrence County. Membership is also open to employees of select companies, schools, and other organizations.
See current membership details
Health
B+
Data as of Q2 2021
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Adirondack Regional Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 5546 |
| Year Chartered | 1947 |
| Employees | 16 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.48% |
| Return on Equity - YTD | 20.46% |
| Annual Interest Income | $1.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2021vs Q2 2020 | $75.9MM$62.5MM |
| Loans | Q2 2021vs Q2 2020 | $47.4MM$35.3MM |
| Deposits | Q2 2021vs Q2 2020 | $70.3MM$57.6MM |
| Equity Capital | Q2 2021vs Q2 2020 | $5.4MM$4.5MM |
| Loan Loss Allowance | Q2 2021vs Q2 2020 | $184.00K$142.00K |
| Unbacked Noncurrent Loans | Q2 2021vs Q2 2020 | $286.00K$95.00K |
| Real Estate Owned | Q2 2021vs Q2 2020 | $0$0 |