Hornell Erie Federal Credit Union

Popular Accounts at this Credit Union

3.00%Reward CheckingKasasa Cash Checking
1.00%Reward SavingsKasasa Saver
2.00%5-year CD60 Month CD

Overview / Commentary
80 Erie Ave
Hornell, NY 14843

Hornell Erie Federal Credit Union is headquartered in HORNELL and is the 273rd largest credit union in the state of New York. It is also the 4,761st largest credit union in the nation. It was established in 1954 and as of June of 2018, it had grown to 2 employees and 893 members at 2 locations. Hornell Erie Federal Credit Union's money market rates are 59% higher than the national average, but it has a C health rating.

Field of Membership Restrictions

Membership in Hornell Erie Federal Credit Union is open to employees of Norfolk Southern and CSX, the City of Hornell, New York, or ALSTOM.
See current membership details


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

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. Hornell Erie Federal Credit Union has a very low asset base.

Health Grade Components

NCUA #9543
Year Chartered1954
Primary Regulator
Profit Margin
Return on Assets - YTD-0.57%
Return on Equity - YTD-5.35%
Annual Interest Income$70.00K
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$4.4MM$4.5MM
LoansQ2 2018vs Q2 2017$2.6MM$2.3MM
DepositsQ2 2018vs Q2 2017$3.9MM$3.9MM
Equity CapitalQ2 2018vs Q2 2017$486.00K$549.00K
Loan Loss AllowanceQ2 2018vs Q2 2017$18.00K$12.00K
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$74.00K$63.00K
Real Estate OwnedQ2 2018vs Q2 2017$0$0
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Hornell Erie Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Hornell Erie Federal Credit Union Savings Account Rates

1.00%*-$50kKasasa Saver
OTHER TIERS: 0.30% $50k+
0.50%$5-IRA Share Savings
0.10%$100-Share Accounts
0.10%$5$10mHoliday Club
0.10%$5-Kirby Kangaroo Savings
0.10%$5-CU Succeed Savings
0.10%$5$10mVacation Club

Hornell Erie Federal Credit Union Money Market Rates

0.70%*$250k*-Money Manager
OTHER TIERS: 0.25% $2.5k - $50k | 0.40% $50k - $100k | 0.60% $100k - $250k

Hornell Erie Federal Credit Union Checking Account Rates

3.00%*-$10kKasasa Cash Checking
OTHER TIERS: 0.30% $10k+
0.25%$5-CU Succeed Checking
0.25%$5k-Business Checking

Hornell Erie Federal Credit Union CD Rates

2.00%--60 Month CD
1.75%--48 Month CD
1.40%--36 Month CD
1.00%--24 Month CD
0.90%--18 Month CD
0.80%--12 Month CD
0.60%--6 Month CD

Hornell Erie Federal Credit Union IRA Rates

2.00%$1k-60 Month IRA
1.75%$1k-48 Month IRA
1.40%$1k-36 Month IRA
1.00%$1k-24 Month IRA
0.90%$1k-18 Month IRA
0.80%$1k-12 Month IRA
0.60%$1k-6 Month IRA

Hornell Erie Federal Credit Union Locations
Branch Office80 ERIE AVEHORNELL, NY 14843
Corporate Office110 Village Sq Ste 101Painted Post, NY 14870-1399

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 feedback@depositaccounts.com 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.