Dannemora Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 1.00% | 5-year CD | 60 Month Share Certificate 2.25% - Ally Bank High Yield 5 Year CD |
| 0.35% | 1-year CD | 12 Month Share Certificate 1.50% - Ally Bank No Penalty 11-Month CD |
| 0.05% | Savings | Regular Shares 1.20% - Ally Bank Online Savings Account |
Dannemora Federal Credit Union is headquartered in Plattsburgh and is the 57th largest credit union in the state of New York. It is also the 1,131st largest credit union in the nation. It was established in 1958 and as of June of 2017, it had grown to 49 employees and 16,007 members at 5 locations. Dannemora Federal Credit Union has an A+ health rating.
Field of Membership Restrictions
Membership is open to any and all persons who live, work, attend school, or worship in Clinton County, NY.
See current membership details
Poor Customer Service
I wanted to switch from NBT to Dannemora Credit Union because they had better rates and offered free checking. When I went t to the credit union, there was only one person available to open up an account, but she was with another customer. I waited for a half hour. Staci greeted me warmly, but then became very distracted with a personal phone call. So I waited another 10 minutes for her to finish up. After which, her mood changed dramatically. She explained that her ex-husband, Joel, was a jerk and proceeded to tell me things about her life. I don't know Staci personally and felt very uncomfortable with the information she was openly sharing. I was in the bank for over an hour, to just open an account.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 12473 |
| Year Chartered | 1958 |
| Employees | 49 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.72% |
| Return on Equity - YTD | 5.64% |
| Annual Interest Income | $2.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2017vs Q2 2016 | $174.0MM$163.5MM |
| Loans | Q2 2017vs Q2 2016 | $92.2MM$87.6MM |
| Deposits | Q2 2017vs Q2 2016 | $151.0MM$141.1MM |
| Equity Capital | Q2 2017vs Q2 2016 | $22.1MM$21.6MM |
| Loan Loss Allowance | Q2 2017vs Q2 2016 | $785.00K$676.00K |
| Unbacked Noncurrent Loans | Q2 2017vs Q2 2016 | $284.00K$748.00K |
| Real Estate Owned | Q2 2017vs Q2 2016 | $69.00K$259.00K |
Always verify rates and promotions with the bank or credit union. We are not Dannemora 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.
Dannemora Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.30% | - | - | IRA Shares | |
| 0.10% | - | - | Escrow Shares | |
| 0.05% | - | - | Regular Shares | |
| 0.05% | - | - | Club Shares |
Dannemora Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.40%* | $75k* | - | Money Market Shares | ||
| OTHER TIERS: 0.15% → $5k - $25k | 0.20% → $25k - $50k | 0.35% → $50k - $75k | |||||
Dannemora Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.00% | - | - | 60 Month Share Certificate | |
| 0.70% | - | - | 48 Month Share Certificate | |
| 0.60% | - | - | 36 Month Share Certificate | |
| 0.45% | - | - | 24 Month Share Certificate | |
| 0.40% | - | - | 18 Month Share Certificate | |
| 0.35% | - | - | 12 Month Share Certificate | |
| 0.30% | - | - | 6 Month Share Certificate | |
| 0.20% | - | - | 3 Month Share Certificate |
Dannemora Federal Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.25% | - | - | 12 Month IRA Certificate |
| Dannemora Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 344 Tom Miller Rd | Plattsburgh, NY 12901 |
| Branch Office | 122 New York Rd | Plattsburgh, NY 12903-3933 |
| Branch Office | 50 STATE ROAD BUILDING 27 APARTMENT 2 | DANNEMORA, NY 12929 |
| Branch Office | 10 Elm St | Champlain, NY 12919 |
| Corporate Office | 342 Tom Miller Rd | Plattsburgh, NY 12901 |