Community Resource Federal Credit Union

Overview / Commentary

518-783-2211

20 Wade Rd
Latham, NY 12110-3520

Community Resource Federal Credit Union is headquartered in Latham and is the 82^nd largest credit union in the state of New York. It is also the 1,712^th largest credit union in the nation. It was established in 1935 and as of June of 2019, it had grown to 28 employees and 6,997 members at 3 locations. Community Resource Federal Credit Union's money market rates are 3X the national average, and it has an A health rating.

Field of Membership Restrictions

Membership is open to those who live, work, worship or attend school in Albany, Saratoga, Schenectady or Rensselaer Counties 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.
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Health

Data as of Q2 2019

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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. Community Resource Federal Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #	770
Year Chartered	1935
Employees	28
Primary Regulator

Profit Margin
Return on Assets - YTD	0.32%
Return on Equity - YTD	2.62%
Annual Interest Income	$2.1MM

Assets and Liabilities
Assets	Q2 2019vs Q2 2018	$91.6MM$87.4MM
Loans	Q2 2019vs Q2 2018	$78.3MM$72.3MM
Deposits	Q2 2019vs Q2 2018	$78.8MM$74.9MM
Equity Capital	Q2 2019vs Q2 2018	$10.9MM$10.6MM
Loan Loss Allowance	Q2 2019vs Q2 2018	$511.00K$570.00K
Unbacked Noncurrent Loans	Q2 2019vs Q2 2018	$341.00K$404.00K
Real Estate Owned	Q2 2019vs Q2 2018	$60.00K$0

Rates

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Savings
Money Market
Checking
CD
IRA

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

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Community Resource Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
1.21%^*	$150k^*	-	IRA Share Account
OTHER TIERS: 0.80% → Up to $10k \| 0.90% → $10k - $50k \| 1.00% → $50k - $150k
0.20%^*	$2.5k^*	-	Youth Savings Account
OTHER TIERS: 0.10% → Up to $2.5k
0.15%^*	$10k^*	-	Share Savings Account
OTHER TIERS: 0.10% → $100 - $10k

Community Resource Federal Credit Union Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
1.21%^*	$150k^*	-	Insured Money Market Account
OTHER TIERS: 0.80% → $2.5k - $10k \| 0.90% → $10k - $50k \| 1.00% → $50k - $150k

Community Resource Federal Credit Union Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.10%	$1k	-	Dividend Checking

Community Resource Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.00%	$50k	-	60 Month Super Share Certificate
1.95%	$50k	-	48 Month Super Share Certificate
1.90%	$500	-	60 Month Share Certificate
1.90%	$50k	-	36 Month Super Share Certificate
1.86%	$100	-	12 Month Youth Share Certificate
1.85%	$500	-	48 Month Share Certificate
1.85%	$50k	-	30 Month Super Share Certificate
1.80%	$500	-	36 Month Share Certificate
1.80%	$50k	-	24 Month Super Share Certificate
1.79%	$25	$10k	12 Month Lucky Savers Share Certificate
1.75%	$500	-	30 Month Share Certificate
1.75%	$50k	-	18 Month Super Share Certificate
1.70%	$500	-	24 Month Share Certificate
1.70%	$50k	-	12 Month Super Share Certificate
1.65%	$500	-	18 Month Share Certificate
1.60%	$500	-	12 Month Share Certificate
1.50%	$500	-	6 Month Share Certificate

Community Resource Federal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
2.00%	$50k	-	60 Month IRA Super Share Certificate
1.95%	$50k	-	48 Month IRA Super Share Certificate
1.90%	$500	-	60 Month IRA Share Certificate
1.90%	$50k	-	36 Month IRA Super Share Certificate
1.85%	$500	-	48 Month IRA Share Certificate
1.85%	$50k	-	30 Month IRA Super Share Certificate
1.80%	$500	-	36 Month IRA Share Certificate
1.80%	$50k	-	24 Month IRA Super Share Certificate
1.75%	$500	-	30 Month IRA Share Certificate
1.75%	$50k	-	18 Month IRA Super Share Certificate
1.70%	$500	-	24 Month IRA Share Certificate
1.70%	$50k	-	12 Month IRA Super Share Certificate
1.65%	$500	-	18 Month IRA Share Certificate
1.60%	$500	-	12 Month IRA Share Certificate
1.50%	$500	-	6 Month IRA Share Certificate

Locations

Community Resource Federal Credit Union Locations
Branch Office	1125 Broadway	Menands, NY 12204
Branch Office	20 Wade Rd	Latham, NY 12110-3520
Branch Office	631 Bloomingrove Dr	Rensselaer, NY 12144

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