Oswego County Federal Credit Union
Overview / Commentary
Oswego County Federal Credit Union is headquartered in Oswego and is the 77th largest credit union in the state of New York. It is also the 1,649th largest credit union in the nation. It was established in 1975 and as of December of 2019, it had grown to 40 employees and 12,439 members at 6 locations. Oswego County Federal Credit Union has a C+ health rating.
Field of Membership Restrictions
Membership is open to those who live, work, worship, or attend school in Oswego County.
See current membership details
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Health
C+
Data as of Q4 2019
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. Oswego County Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 21927 |
| Year Chartered | 1975 |
| Employees | 40 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.14% |
| Return on Equity - YTD | 13.56% |
| Annual Interest Income | $5.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $97.9MM$85.0MM |
| Loans | Q4 2019vs Q4 2018 | $79.5MM$73.9MM |
| Deposits | Q4 2019vs Q4 2018 | $89.3MM$76.8MM |
| Equity Capital | Q4 2019vs Q4 2018 | $8.1MM$7.0MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $733.00K$578.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $2.3MM$1.4MM |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |