First Source Federal Credit Union
Overview / Commentary
First Source Federal Credit Union is headquartered in New Hartford and is the 26th largest credit union in the state of New York. It is also the 513th largest credit union in the nation. It was established in 1938 and as of June of 2018, it had grown to 132 employees and 46,938 members at 5 locations. First Source Federal Credit Union has an A health rating.
Field of Membership Restrictions
First Source Federal Credit Union is open to those who attend school, live, work, or worship in Herkimer and Oneida counties in New York.
See current membership details
Health
A
Data as of Q2 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 2658 |
| Year Chartered | 1938 |
| Employees | 132 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.91% |
| Return on Equity - YTD | 9.2% |
| Annual Interest Income | $12.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2018vs Q2 2017 | $552.2MM$498.9MM |
| Loans | Q2 2018vs Q2 2017 | $506.8MM$442.7MM |
| Deposits | Q2 2018vs Q2 2017 | $488.1MM$445.6MM |
| Equity Capital | Q2 2018vs Q2 2017 | $54.0MM$48.8MM |
| Loan Loss Allowance | Q2 2018vs Q2 2017 | $7.6MM$5.1MM |
| Unbacked Noncurrent Loans | Q2 2018vs Q2 2017 | $3.4MM$4.1MM |
| Real Estate Owned | Q2 2018vs Q2 2017 | $30.00K$65.00K |
Rates
Rates for First Source Federal Credit Union are currently being reviewed.
Locations
| First Source Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 50 Auert Ave | Utica, NY 13502 |
| Branch Office | 4451 Commercial Dr | New Hartford, NY 13413-6207 |
| Branch Office | 510 W State St | Herkimer, NY 13350-2240 |
| Branch Office | 1822 Black River Blvd N | Rome, NY 13440 |
| Branch Office | 1634 Genesee St | Utica, NY 13502-5428 |