Great Meadow Federal Credit Union

Overview / Commentary
26 E Main St
Granville, NY 12832

Great Meadow Federal Credit Union is headquartered in Granville and is the 122nd largest credit union in the state of New York. It is also the 2,462nd largest credit union in the nation. It was established in 1956 and as of December of 2019, it had grown to 20 employees and 5,042 members at 4 locations. Great Meadow Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership is open to employees of Great Meadow Correctional Facility in Comstock, New York and other select employer groups.
See current membership details


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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. Great Meadow Federal Credit Union has a low asset base.

Health Grade Components

NCUA #11402
Year Chartered1956
Primary Regulator
Profit Margin
Return on Assets - YTD0.42%
Return on Equity - YTD3.67%
Annual Interest Income$2.4MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$44.1MM$38.0MM
LoansQ4 2019vs Q4 2018$33.5MM$28.5MM
DepositsQ4 2019vs Q4 2018$38.6MM$32.9MM
Equity CapitalQ4 2019vs Q4 2018$5.0MM$4.7MM
Loan Loss AllowanceQ4 2019vs Q4 2018$242.00K$131.00K
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$260.00K$228.00K
Real Estate OwnedQ4 2019vs Q4 2018$0$0

Rates for Great Meadow Federal Credit Union are currently being reviewed.


Great Meadow Federal Credit Union Locations
Branch Office11627 State Route 22Comstock, NY 12821
Branch Office357 Bay RdQueensbury, NY 12804-3050
Corporate Office26 E Main StGranville, NY 12832
Branch Office348 BroadwayFort Edward, NY 12828

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