Overview / Commentary
Greater Chautauqua Federal Credit Union is headquartered in Falconer and is the 97th largest credit union in the state of New York. It is also the 2,029th largest credit union in the nation. It was established in 1940 and as of September of 2019, it had grown to 29 employees and 9,896 members at 4 locations. Greater Chautauqua Federal Credit Union's CD rates are 2X the national average, and it has a B health rating.
Field of Membership Restrictions
Greater Chautauqua Federal Credit Union offers membership to employees and members of several organizations in New York state.
See current membership details
Health
B
Data as of Q3 2019
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. Greater Chautauqua Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 3759 |
| Year Chartered | 1940 |
| Employees | 29 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.78% |
| Return on Equity - YTD | 8.06% |
| Annual Interest Income | $2.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2019vs Q3 2018 | $66.8MM$65.4MM |
| Loans | Q3 2019vs Q3 2018 | $37.4MM$38.6MM |
| Deposits | Q3 2019vs Q3 2018 | $60.2MM$59.3MM |
| Equity Capital | Q3 2019vs Q3 2018 | $6.5MM$6.0MM |
| Loan Loss Allowance | Q3 2019vs Q3 2018 | $292.00K$292.00K |
| Unbacked Noncurrent Loans | Q3 2019vs Q3 2018 | $748.00K$868.00K |
| Real Estate Owned | Q3 2019vs Q3 2018 | $90.00K$55.00K |