Leatherstocking Credit Union

Overview / Commentary
24 Glen Ave
Cooperstown, NY 13326-1122

Leatherstocking Credit Union is headquartered in Cooperstown and is the 114th largest credit union in the state of New York. It is also the 2,307th largest credit union in the nation. It was established in 1977 and as of December of 2019, it had grown to 8 employees and 4,575 members at 1 location. Leatherstocking Credit Union's CD rates are 11% higher than the national average, and it has a B+ health rating.

Reviews (1)

Competitive with other Banks, Friendly with Customers

Posted by: |

We chose to move our bank accounts to Leatherstocking Credit Union when we moved to New York State because we wanted the experience of knowing the people at our bank. We were tired of dealing with huge national banks and having to explain everything to a different person every time we called.

We were pleasantly surprised to discover that Leatherstocking offers competitive products with reasonable fees for checking, savings, and loans. We were also grateful for the friendly atmosphere in the bank. Last Saturday they had a bowl of fresh apples out for everyone to share.

The only drawback to working with this credit union so far is the web site. It works, in the sense that it's possible to figure out how to make it do what you want, but it's clunky and not very intuitive. For example, when you go to bill pay, you can't get back to the home page directly.

Overall, we are grateful to be part of the Leatherstocking Credit Union. We would recommend it to anyone in the region.

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. Leatherstocking Credit Union has a relatively low asset base.

Health Grade Components

NCUA #22625
Year Chartered1977
Primary Regulator
Profit Margin
Return on Assets - YTD1.09%
Return on Equity - YTD9.11%
Annual Interest Income$1.9MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$51.0MM$50.7MM
LoansQ4 2019vs Q4 2018$28.1MM$23.4MM
DepositsQ4 2019vs Q4 2018$44.9MM$45.2MM
Equity CapitalQ4 2019vs Q4 2018$6.1MM$5.4MM
Loan Loss AllowanceQ4 2019vs Q4 2018$222.00K$140.00K
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$244.00K$209.00K
Real Estate OwnedQ4 2019vs Q4 2018$0$0
Skip to rates for:
Report an Issue

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

Leatherstocking Credit Union Savings Account Rates

0.10%$100-Savings Account
0.10%$100-IRA Savings

Leatherstocking Credit Union Money Market Rates

0.15%$2.5k-Money Market

Leatherstocking Credit Union CD Rates

2.02%$1k-5 Year Share Certificate
1.51%$1k-3 Year Share Certificate
1.26%$1k-2 Year Share Certificate
1.00%$1k-1 Year Share Certificate

Leatherstocking Credit Union IRA Rates

2.02%$1k-5 Year IRA Certificate
1.26%$1k-2 Year IRA Certificate

Leatherstocking Credit Union Locations
Branch Office24 Glen AveCooperstown, NY 13326-1122

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.