Overview / Commentary
Ed-Med Federal Credit Union is headquartered in OGDENSBURG and is the 159th largest credit union in the state of New York. It is also the 2,831st largest credit union in the nation. It was established in 1959 and as of March of 2025, it had grown to 3 employees and 2,103 members at 1 location. Ed-Med Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership is open to employees of the Boards of Education of Morristown, Ogdensburg, Lisbon, Heuvelton, or Hammond, employees of and doctors associated with Claxton Hepburn Medical Center, St Joseph's Home, United Helpers Organization, St Lawrence County CDP.
See current membership details
Health
B+
Data as of Q1 2025
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Ed-Med Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 13186 |
| Year Chartered | 1959 |
| Employees | 3 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.77% |
| Return on Equity - YTD | 6.31% |
| Annual Interest Income | $299K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $32.5MM$30.2MM |
| Loans | Q1 2025vs Q1 2024 | $13.9MM$12.5MM |
| Deposits | Q1 2025vs Q1 2024 | $28.5MM$26.5MM |
| Equity Capital | Q1 2025vs Q1 2024 | $3.9MM$3.6MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $27K$30K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $206K$153K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |