Cornerstone Community Federal Credit Union
Overview / Commentary
Cornerstone Community Federal Credit Union is headquartered in Lockport and is the 30th largest credit union in the state of New York. It is also the 615th largest credit union in the nation. It was established in 1957 and as of March of 2025, it had grown to 151 employees and 42,947 members at 6 locations. Cornerstone Community Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Cornerstone Community Federal Credit Union is open to anyone who lives, works, worships, or attends school in Erie or Niagara County, New York. Immediate family members of a current Cornerstone Community Federal Credit Union member also qualify for membership.
See current membership details
Health
B+
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 11723 |
| Year Chartered | 1957 |
| Employees | 151 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.03% |
| Return on Equity - YTD | -0.65% |
| Annual Interest Income | $7.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $692.5MM$625.5MM |
| Loans | Q1 2025vs Q1 2024 | $451.8MM$395.7MM |
| Deposits | Q1 2025vs Q1 2024 | $642.4MM$581.4MM |
| Equity Capital | Q1 2025vs Q1 2024 | $35.7MM$26.9MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $3.4MM$2.6MM |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $1.2MM$967K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |