Adirondack Regional Federal Credit Union
LOCATIONS
3
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HEALTH RATING
B+
View health report
CURRENT TOP RATE
1.25% APY
Plateau I Share
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Overview / Commentary
Adirondack Regional Federal Credit Union is headquartered in Tupper Lake and is the 115th largest credit union in the state of New York. It is also the 2,326th largest credit union in the nation. It was established in 1947 and as of December of 2019, it had grown to 16 employees and 6,139 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 Q4 2019
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 | 0.93% |
| Return on Equity - YTD | 10.51% |
| Annual Interest Income | $2.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $50.1MM$48.4MM |
| Loans | Q4 2019vs Q4 2018 | $25.8MM$24.0MM |
| Deposits | Q4 2019vs Q4 2018 | $45.5MM$44.2MM |
| Equity Capital | Q4 2019vs Q4 2018 | $4.5MM$4.0MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $180.00K$309.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $140.00K$118.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |