Finger Lakes Federal Credit Union
Overview / Commentary
Finger Lakes Federal Credit Union is headquartered in Geneva and is the 52nd largest credit union in the state of New York. It is also the 1,134th largest credit union in the nation. It was established in 1967 and as of June of 2023, it had grown to 45 employees and 21,721 members at 4 locations. Finger Lakes Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership in Finger Lakes Federal Credit Union is open to those who live, work, worship, volunteer, or attend school in the New York counties of Monroe, Ontario, Seneca or Yates. Immediate family of anyone eligible for membership are are also eligible to join.
See current membership details
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Health
B+
Data as of Q2 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 18022 |
| Year Chartered | 1967 |
| Employees | 45 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.15% |
| Return on Equity - YTD | 13.89% |
| Annual Interest Income | $4.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2023vs Q2 2022 | $241.3MM$248.6MM |
| Loans | Q2 2023vs Q2 2022 | $167.9MM$175.6MM |
| Deposits | Q2 2023vs Q2 2022 | $219.4MM$229.5MM |
| Equity Capital | Q2 2023vs Q2 2022 | $20.0MM$18.1MM |
| Loan Loss Allowance | Q2 2023vs Q2 2022 | $0$530.00K |
| Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $198.00K$141.00K |
| Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |