Community Resource Federal Credit Union
Overview / Commentary
Community Resource Federal Credit Union is headquartered in Latham and is the 80th largest credit union in the state of New York. It is also the 1,710th largest credit union in the nation. It was established in 1935 and as of March of 2025, it had grown to 28 employees and 6,915 members at 2 locations. Community Resource Federal Credit Union has an A health rating.
Field of Membership Restrictions
Membership is open to those who live, work, worship or attend school in the New York counties of Albany, Saratoga, Schenectady, or Rensselaer and to their immediate family and the immediate family of current members. Membership is also open to members and employees of National Grid Company and its majority owned subsidies in the United States.
See current membership details
Health
A
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 770 |
| Year Chartered | 1935 |
| Employees | 28 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.17% |
| Return on Equity - YTD | 1.37% |
| Annual Interest Income | $1.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $114.8MM$114.2MM |
| Loans | Q1 2025vs Q1 2024 | $86.9MM$84.7MM |
| Deposits | Q1 2025vs Q1 2024 | $101MM$100.3MM |
| Equity Capital | Q1 2025vs Q1 2024 | $13.8MM$13.6MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $592K$418K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $486K$295K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$152K |