Adirondack Regional Federal Credit Union
Overview / Commentary
Adirondack Regional Federal Credit Union is headquartered in Tupper Lake and is the 102nd largest credit union in the state of New York. It is also the 2,049th largest credit union in the nation. It was established in 1947 and as of March of 2022, it had grown to 18 employees and 7,282 members at 3 locations. Adirondack Regional Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership in Adirondack Federal Credit Union is open to those who live, work, worship, or attend school in the New York counties of Clinton, Essex, and Franklin, and select areas of St. Lawrence County. Membership is also open to employees of select companies, schools, and other organizations.
See current membership details
Related Posts
Health
B+
Data as of Q1 2022
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 | 18 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.54% |
| Return on Equity - YTD | 7.63% |
| Annual Interest Income | $594.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2022vs Q1 2021 | $82.4MM$73.1MM |
| Loans | Q1 2022vs Q1 2021 | $47.7MM$43.5MM |
| Deposits | Q1 2022vs Q1 2021 | $76.5MM$67.7MM |
| Equity Capital | Q1 2022vs Q1 2021 | $5.7MM$5.0MM |
| Loan Loss Allowance | Q1 2022vs Q1 2021 | $187.00K$170.00K |
| Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $174.00K$63.00K |
| Real Estate Owned | Q1 2022vs Q1 2021 | $0$0 |