Corning Credit Union


Overview / Commentary
607-962-3144
1 Credit Union Plz
Corning, NY 14830

Corning Credit Union is headquartered in Corning and is the 14th largest credit union in the state of New York. It is also the 194th largest credit union in the nation. It was established in 1936 and as of September of 2023, it had grown to 397 employees and 159,908 members at 20 locations. Corning Credit Union's money market rates are 7X the national average, and it has a B+ health rating.

Field of Membership Restrictions

Membership in Corning Credit Union is open to those who live, work, worship, or attend school in Chemung County or the city of Corning, New York; Franklin County, Pennsylvania; Brunswick or Pender County or the city of Wilmington, North Carolina; or Horry County, South Carolina. Employees or members of Ithaca College, Port City Enterprises, and more than 300 Select Employer Groups also qualify for membership.
See current membership details

Reviews (5)

CFCU is great

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.

A+ Bank For Years

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.

Corning Credit Union is Tops!

Posted by: |

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.

CCU RULES!

Posted by: |

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.

They're GRRRRRREAT

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.   



Health
B+

Health Grade Components

Overall
NCUA #1644
Year Chartered1936
Employees397
Primary Regulator
Profit Margin
Return on Assets - YTD0.78%
Return on Equity - YTD7.9%
Annual Interest Income$73.4MM
Assets and Liabilities
AssetsQ3 2023vs Q3 2022$2.33B$2.25B
LoansQ3 2023vs Q3 2022$2.09B$2B
DepositsQ3 2023vs Q3 2022$1.99B$2.01B
Equity CapitalQ3 2023vs Q3 2022$231.6MM$213.6MM
Loan Loss AllowanceQ3 2023vs Q3 2022$25.2MM$25MM
Unbacked Noncurrent LoansQ3 2023vs Q3 2022$10.1MM$6.3MM
Real Estate OwnedQ3 2023vs Q3 2022$50K$30K
Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Corning 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.

† The rates for some products vary by region. In these cases we have listed the rates for the region closest to the bank's headquarters.

Corning Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%*$25k*-Share Savings
OTHER TIERS: 0.50% Up to $2.5k | 0.60% $2.5k - $10k | 0.75% $10k - $25k
1.00%*$25k*-All Purpose Account
OTHER TIERS: 0.50% Up to $2.5k | 0.60% $2.5k - $10k | 0.75% $10k - $25k
1.00%*$25k*-Holiday Club Account
OTHER TIERS: 0.50% Up to $2.5k | 0.60% $2.5k - $10k | 0.75% $10k - $25k
1.00%--IRA Savings Account
1.00%*$25k*-Business Share Savings
OTHER TIERS: 0.50% Up to $2.5k | 0.60% $2.5k - $10k | 0.75% $10k - $25k
1.00%*$25k*-Business All Purpose Account
OTHER TIERS: 0.50% Up to $2.5k | 0.60% $2.5k - $10k | 0.75% $10k - $25k

Corning Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.00%*$500k*-Money Market Account
OTHER TIERS: 1.50% $2.5k - $25k | 1.75% $25k - $100k | 2.00% $100k - $250k | 2.50% $250k+
3.00%*$500k*-Business Money Market Account
OTHER TIERS: 1.50% $2.5k - $25k | 1.75% $25k - $100k | 2.00% $100k - $250k | 2.50% $250k - $500k

Corning Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.00%-$20kWindfall Checking - Qualifying
0.15%$4k-Business Checking Account

Corning Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.00%$100k-7 Month Jumbo CD Special
4.80%$2.5k-7 Month CD Special
4.70%$100k-12 Month Jumbo Compounding CD
4.70%$100k-12 Month Jumbo Transfer CD
4.70%$100k-Business 12 Month Jumbo Compounding CD
4.70%$100k-Business 12 Month Jumbo Transfer CD
4.50%$1k-12 Month Compounding CD
4.50%$1k-12 Month Transfer CD
4.50%$1k-Business 12 Month Compounding CD
4.50%$1k-Business 12 Month Transfer CD
4.20%$100k-18 Month Jumbo Transfer CD
4.20%$100k-18 Month Jumbo Compounding CD
4.20%$100k-Business 18 Month Jumbo Compounding CD
4.20%$100k-Business 18 Month Jumbo Transfer CD
4.00%$1k-18 Month Transfer CD
4.00%$1k-18 Month Compounding CD
4.00%$1k-Business 18 Month Compounding CD
4.00%$1k-Business 18 Month Transfer CD
3.95%$100k-24 Month Jumbo Transfer CD
3.95%$100k-24 Month Jumbo Compounding CD
3.95%$100k-Business 24 Month Jumbo Compounding CD
3.95%$100k-Business 24 Month Jumbo Transfer CD
3.75%$1k-24 Month Transfer CD
3.75%$1k-24 Month Compounding CD
3.75%$1k-Business 24 Month Compounding CD
3.75%$1k-Business 24 Month Transfer CD
3.70%$100k-36 Month Jumbo Transfer CD
3.70%$100k-36 Month Jumbo Compounding CD
3.70%$100k-Business 36 Month Jumbo Compounding CD
3.70%$100k-Business 36 Month Jumbo Transfer CD
3.50%$1k-36 Month Transfer CD
3.50%$1k-36 Month Compounding CD
3.50%$1k-Business 36 Month Compounding CD
3.50%$1k-Business 36 Month Transfer CD
3.20%$100k-6 Month Jumbo Transfer CD
3.20%$100k-48 Month Jumbo Transfer CD
3.20%$100k-60 Month Jumbo Transfer CD
3.20%$100k-6 Month Jumbo Compounding CD
3.20%$100k-48 Month Jumbo Compounding CD
3.20%$100k-60 Month Jumbo Compounding CD
3.20%$100k-Business 6 Month Jumbo Compounding CD
3.20%$100k-Business 6 Month Jumbo Transfer CD
3.20%$100k-Business 48 Month Jumbo Compounding CD
3.20%$100k-Business 48 Month Jumbo Transfer CD
3.20%$100k-Business 60 Month Jumbo Compounding CD
3.20%$100k-Business 60 Month Jumbo Transfer CD
3.00%$1k-6 Month Transfer CD
3.00%$1k-48 Month Transfer CD
3.00%$1k-60 Month Transfer CD
3.00%$1k-6 Month Compounding CD
3.00%$1k-48 Month Compounding CD
3.00%$1k-60 Month Compounding CD
3.00%$1k-Business 6 Month Compounding CD
3.00%$1k-Business 6 Month Transfer CD
3.00%$1k-Business 48 Month Compounding CD
3.00%$1k-Business 48 Month Transfer CD
3.00%$1k-Business 60 Month Compounding CD
3.00%$1k-Business 60 Month Transfer CD
2.20%$100k-3 Month Jumbo Transfer CD
2.20%$100k-3 Month Jumbo Compounding CD
2.20%$100k-Business 3 Month Jumbo Compounding CD
2.20%$100k-Business 3 Month Jumbo Transfer CD
2.00%$1k-3 Month Transfer CD
2.00%$1k-3 Month Compounding CD
2.00%$1k-Business 3 Month Compounding CD
2.00%$1k-Business 3 Month Transfer CD
Locations

Availability



The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.