Featured Savings Rates
Featured Accounts

Alco Federal Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
0.50%1-year CD12 Month Share Certificate
0.20%SavingsShares
0.30%Money MarketMoney Market

Overview / Commentary
585-593-4959
2859 Lindy Ln
Wellsville, NY 14895-9337

Alco Federal Credit Union is headquartered in Wellsville and is the 156th largest credit union in the state of New York. It is also the 2,975th largest credit union in the nation. It was established in 1953 and as of September of 2017, it had grown to 19 employees and 5,797 members at 4 locations. Alco Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership is open to those who live, worship, attend school or work in, and businesses and legal entities located in Allegany County, New York.
See current membership details

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
B+
Additional 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. Alco Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #8975
Year Chartered1953
Employees19
Primary Regulator
Profit Margin
Return on Assets - YTD0.68%
Return on Equity - YTD4.79%
Annual Interest Income$884.00K
Assets and Liabilities
AssetsQ3 2017vs Q3 2016$28.7MM$27.2MM
LoansQ3 2017vs Q3 2016$18.7MM$17.8MM
DepositsQ3 2017vs Q3 2016$24.6MM$23.2MM
Equity CapitalQ3 2017vs Q3 2016$4.1MM$3.9MM
Loan Loss AllowanceQ3 2017vs Q3 2016$140.00K$98.00K
Unbacked Noncurrent LoansQ3 2017vs Q3 2016$269.00K$119.00K
Real Estate OwnedQ3 2017vs Q3 2016$0$0
Rates
Skip to rates for:
Report an Issue

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

Alco Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%$500-IRA Shares
0.20%$100-Shares
0.20%$100-Christmas Club
0.20%$100-Vacation Club

Alco Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.30%$2,500-Money Market

Alco Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%$500-12 Month Share Certificate
0.40%$500-6 Month Share Certificate

Alco Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.65%$500-12 Month IRA
0.65%$500-36 Month IRA
Locations


Alco Federal Credit Union Locations
Branch Office2859 Lindy LnWellsville, NY 14895-9337
Branch Office9 W Main StCuba, NY 14727-1403
Branch Office25 W Main StFriendship, NY 14739
Branch Office32 Greenwich StBelmont, NY 14813