Corning Credit Union is headquartered in Corning and is the 14th largest credit union in the state of New York. It is also the 191st largest credit union in the nation. It was established in 1936 and as of September of 2022, it had grown to 384 employees and 152,950 members at 19 locations. Corning Credit Union has an A health rating.
Membership in Corning Credit Union is open to the following: (1) those who live, work, attend school or worship in Chemung County in New York, Franklin County in Pennsylvania, Brunswick County in North Carolina or within the city of Wilmington, North Carolina; (2) employees or members of Ithaca College, Port City Enterprises, and over 200 Select Employer Groups.
See current membership details
My wife was a member of CFCU when we got married, and we quickly closed my accounts and solely use CFCU. CFCU is greatly superior to any other banking institute I've used before. Their accounts and procedures make it so banking is not a hassle in my life. I can do so much from the app, from paying accounts both internally and externally from CFCU, depositing checks, transferring money, etc. Any occasion that I've had a problem, customer service was easy and quick to get a hold of, and they always right the problem in a timely fashion.
CFCU and their employees have gone above and beyond at every encounter for years. I've never had an issue resolving even the most complex issue. They are also top notch on security and protecting the security of their members. I have nothing negative to say. I love this credit union.
The Corning Credit Union in Corning, New York provides an excellent customer experience with stellar service and support. I have been a member for approximately seven years and have never had a negative experience. I have lost my bank card and had to have it replaced twice and the customer service representatives have been friendly, supportive and efficient in processing my request.
The Corning Credit Union refunds all ATM fees each month if you meet certain conditions including using direct deposit and conducting a certain number of debit card transactions. This is a great perk of being a member of CCU - knowing you can use any ATM anyplace and have those high fees put back into your account at the end of each month.
I like that my checking is free and they have mobile check depositing - just photograph your check with your mobile device and send the photo and it is immediately deposited into your account and the funds are instantly available.
I will not consider doing business with any other financial institution. They have always responded promptly and honestly to my questions about other services such as auto loans and insurance products. Their website is a wealth of information regarding financial planning and education about finances.
CCU will be my financial institution for life.
I have been with my credit union since I first started banking. I have heard horror stories of other people using bigger banks and the atrocious fees and things they have to deal with. Whenever I need something, I feel capable of being able to call and they will take care of me. It seems as though they truly care about their customers. 2% interest on checking account doesn't hurt either.
I really like the Windfall Checking account. I like that you can use use their credit card and not the debit card for the 12 purchases needed to get the higher interest rate. I also like that they refund all ATM fees if you meet their monthly requirements which are quite reasonable. Their website is good and their billpay works well.
|Return on Assets - YTD||1.6%|
|Return on Equity - YTD||16.93%|
|Annual Interest Income||$54.9MM|
|Assets and Liabilities|
|Assets||Q3 2022vs Q3 2021||$2.25B$2.11B|
|Loans||Q3 2022vs Q3 2021||$2.00B$1.61B|
|Deposits||Q3 2022vs Q3 2021||$2.01B$1.89B|
|Equity Capital||Q3 2022vs Q3 2021||$213.6MM$193.3MM|
|Loan Loss Allowance||Q3 2022vs Q3 2021||$25.0MM$17.9MM|
|Unbacked Noncurrent Loans||Q3 2022vs Q3 2021||$6.3MM$2.8MM|
|Real Estate Owned||Q3 2022vs Q3 2021||$0$173.00K|
Rates for Corning Credit Union are currently being reviewed.