Cornerstone Community Federal Credit Union
Overview / Commentary
Cornerstone Community Federal Credit Union is headquartered in Lockport and is the 31st largest credit union in the state of New York. It is also the 619th largest credit union in the nation. It was established in 1957 and as of June of 2018, it had grown to 110 employees and 47,003 members at 6 locations. Cornerstone Community Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership is open to those who live, work, volunteer, worship or attend school in Niagara County or have an immediate family member who belongs to Cornerstone Community Federal Credit Union.
See current membership details
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Health
B+
Data as of Q2 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 11723 |
| Year Chartered | 1957 |
| Employees | 110 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.17% |
| Return on Equity - YTD | 2.53% |
| Annual Interest Income | $6.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2018vs Q2 2017 | $438.7MM$425.7MM |
| Loans | Q2 2018vs Q2 2017 | $270.6MM$238.7MM |
| Deposits | Q2 2018vs Q2 2017 | $406.5MM$393.7MM |
| Equity Capital | Q2 2018vs Q2 2017 | $29.1MM$28.8MM |
| Loan Loss Allowance | Q2 2018vs Q2 2017 | $2.9MM$2.6MM |
| Unbacked Noncurrent Loans | Q2 2018vs Q2 2017 | $1.1MM$2.0MM |
| Real Estate Owned | Q2 2018vs Q2 2017 | $0$0 |
Rates
Rates for Cornerstone Community Federal Credit Union are currently being reviewed.
Locations
| Cornerstone Community Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 55 Stevens St | Lockport, NY 14094-4229 |
| Branch Office | 5 State St | Middleport, NY 14105-1105 |
| Branch Office | 107 Main St | North Tonawanda, NY 14120-5309 |
| Branch Office | 6485 S Transit Rd | Lockport, NY 14094-6331 |
| Branch Office | 4225 Witmer Rd | Niagara Falls, NY 14305 |
| Branch Office | 4255 Witmer Rd | Niagara Falls, NY 14305 |