Griffith Institute Employees Federal Credit Union
Overview / Commentary
Griffith Institute Employees Federal Credit Union is headquartered in Springville and is the 227th largest credit union in the state of New York. It is also the 3,885th largest credit union in the nation. It was established in 1961 and as of March of 2025, it had grown to 598 members at 1 location. Griffith Institute Employees Federal Credit Union has a C+ health rating.
Field of Membership Restrictions
Griffith Institute Employees Federal Credit Union is open to employees of the Springville-Griffith Institute Central School District or The Children's League of Springville. Eligibility also extends to family members.
See current membership details
Health
C+
Data as of Q1 2025
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. Griffith Institute Employees Federal Credit Union has a very low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 14505 |
| Year Chartered | 1961 |
| Employees | 0 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.05% |
| Return on Equity - YTD | 0.53% |
| Annual Interest Income | $45K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $6.1MM$5.8MM |
| Loans | Q1 2025vs Q1 2024 | $2.7MM$2.6MM |
| Deposits | Q1 2025vs Q1 2024 | $5.5MM$5.3MM |
| Equity Capital | Q1 2025vs Q1 2024 | $561K$558K |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $11K$12K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $42K$53K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |