Mohawk Valley Federal Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
0.50%	1-year CD	12 Month CD 1.40% - Synchrony Bank 12 Month CD
0.08%	Savings	Shares Account 1.20% - Goldman Sachs Bank USA Online Savings
1.10%	3-year CD	36 Month CD 1.85% - Synchrony Bank 36 Month CD

View all Mohawk Valley Federal Credit Union rates »

Overview / Commentary

www.mohawkvalleyfcu.com

315-624-2950

9212 River Rd
Marcy, NY 13403

Mohawk Valley Federal Credit Union is headquartered in Marcy and is the 141^st largest credit union in the state of New York. It is also the 2,719^th largest credit union in the nation. It was established in 1971 and as of March of 2017, it had grown to 4 employees and 3,190 members at 2 locations. Mohawk Valley Federal Credit Union has a B health rating.

Field of Membership Restrictions

Membership is open to employees or retirees of Herkimer County or employees of New York State.
See current membership details

Reviews

Write a Review

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

Health

B

Data as of Q1 2017

Learn why bank health matters

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. Mohawk Valley Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #	20823
Year Chartered	1971
Employees	4
Primary Regulator

Profit Margin
Return on Assets - YTD	1.02%
Return on Equity - YTD	8.22%
Annual Interest Income	$283.00K

Assets and Liabilities
Assets	Q1 2017vs Q1 2016	$35.6MM$33.4MM
Loans	Q1 2017vs Q1 2016	$17.1MM$16.3MM
Deposits	Q1 2017vs Q1 2016	$31.2MM$29.1MM
Equity Capital	Q1 2017vs Q1 2016	$4.4MM$4.1MM
Loan Loss Allowance	Q1 2017vs Q1 2016	$70.00K$80.00K
Unbacked Noncurrent Loans	Q1 2017vs Q1 2016	$987.00K$882.00K
Real Estate Owned	Q1 2017vs Q1 2016	$45.00K$45.00K

Rates

Skip to rates for:

Savings
Money Market
Checking
CD
IRA

Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Mohawk Valley 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.

Mohawk Valley Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.35%	$500	-	IRA Savings
0.08%	$100	-	Shares Account

Mohawk Valley Federal Credit Union Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.20%	$2,500	-	Money Market Account

Mohawk Valley Federal Credit Union Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.03%	-	-	Share Draft

Mohawk Valley Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.10%	$10k	-	36 Month CD
0.75%	$10k	-	24-30 Month CD
0.60%	$10k	-	18 Month CD
0.50%	$5k	-	12 Month CD
0.40%	$1k	-	6 Month CD

Mohawk Valley Federal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.10%	$10k	-	36 Month IRA
0.75%	$10k	-	24-30 Month IRA
0.60%	$10k	-	18 Month IRA

Locations

Mohawk Valley Federal Credit Union Locations
Branch Office	207 Genesee St	Utica, NY 13501
Branch Office	9212 River Rd	Marcy, NY 13403