Focus First Federal Credit Union


Overview / Commentary
585-458-9220
1546 Lyell Avenue
Rochester, NY 14606

Focus First Federal Credit Union is headquartered in Rochester and is the 210th largest credit union in the state of New York. It is also the 3,619th largest credit union in the nation. It was established in 1955 and as of September of 2023, it had grown to 3 employees and 1,030 members at 1 location. Focus First Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership in Focus First Federal Credit Union is open to those who live, work, worship, volunteer, or attend school within the geographic boundaries of Monroe County, New York. Employees and retirees of Valeo Wiper, Rochester, NY and Retirees of Delco Products and ITT are also eligible for membership.
See current membership details

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
B+
Additional 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. Focus First Federal Credit Union has a low asset base, and a negative return on assets.

Health Grade Components

Overall
NCUA #10220
Year Chartered1955
Employees3
Primary Regulator
Profit Margin
Return on Assets - YTD-2.31%
Return on Equity - YTD-5.72%
Annual Interest Income$226K
Assets and Liabilities
AssetsQ3 2023vs Q3 2022$12.9MM$12.2MM
LoansQ3 2023vs Q3 2022$2.6MM$3MM
DepositsQ3 2023vs Q3 2022$7.6MM$6.6MM
Equity CapitalQ3 2023vs Q3 2022$5.2MM$5.6MM
Loan Loss AllowanceQ3 2023vs Q3 2022$80K$26K
Unbacked Noncurrent LoansQ3 2023vs Q3 2022$9K$10K
Real Estate OwnedQ3 2023vs Q3 2022$0$0
Rates

Rates for Focus First Federal Credit Union are currently being reviewed.

Locations


Focus First Federal Credit Union Locations
Corporate Office2113 Chili AveRochester, NY 14624

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.