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Overview / Commentary
607-336-4988
11 E Park Pl
Norwich, NY 13815-1434

Norwich Telops Federal Credit Union is headquartered in Norwich and is the 253rd largest credit union in the state of New York. It is also the 4,423rd largest credit union in the nation. It was established in 1968 and as of June of 2017, it had grown to 3 employees and 1,309 members at 1 location. Norwich Telops Federal Credit Union has a B health rating.

Field of Membership Restrictions

Membership is open to employees of Verizon in Maine, Vermont, New Hampshire, Virginia, Pennsylvania, and Georgia; and Frontier, a Citizens Communication Company.
See current membership details

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Health
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. Norwich Telops Federal Credit Union has a very low asset base.

Health Grade Components

Overall
NCUA #18620
Year Chartered1968
Employees3
Primary Regulator
Profit Margin
Return on Assets - YTD0.31%
Return on Equity - YTD2.79%
Annual Interest Income$153.00K
Assets and Liabilities
AssetsQ2 2017vs Q2 2016$8.0MM$7.3MM
LoansQ2 2017vs Q2 2016$4.9MM$4.4MM
DepositsQ2 2017vs Q2 2016$7.1MM$6.4MM
Equity CapitalQ2 2017vs Q2 2016$859.00K$843.00K
Loan Loss AllowanceQ2 2017vs Q2 2016$23.00K$41.00K
Unbacked Noncurrent LoansQ2 2017vs Q2 2016$16.00K$3.00K
Real Estate OwnedQ2 2017vs Q2 2016$0$0
Rates

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Locations


Norwich Telops Federal Credit Union Locations
Branch Office11 E Park PlNorwich, NY 13815-1434