Reliant Community Federal Credit Union
Overview / Commentary
Reliant Community Federal Credit Union is headquartered in Sodus and is the 28th largest credit union in the state of New York. It is also the 609th largest credit union in the nation. It was established in 1970 and as of September of 2022, it had grown to 159 employees and 43,865 members at 9 locations. Reliant Community Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Reliant Community Credit Union is open to the following: 1) persons living, working, attending school, worshiping or volunteering in Ontario, Wayne, or Monroe counties; 2) Immediate family and members of the same household; 3) Businesses and legal entities which are headquartered within the aforementioned counties.
See current membership details
Health
B+
Data as of Q3 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 20258 |
| Year Chartered | 1970 |
| Employees | 159 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.26% |
| Return on Equity - YTD | 3.89% |
| Annual Interest Income | $14.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2022vs Q3 2021 | $647.6MM$630.7MM |
| Loans | Q3 2022vs Q3 2021 | $398.1MM$361.8MM |
| Deposits | Q3 2022vs Q3 2021 | $588.9MM$563.0MM |
| Equity Capital | Q3 2022vs Q3 2021 | $43.6MM$54.2MM |
| Loan Loss Allowance | Q3 2022vs Q3 2021 | $1.8MM$1.7MM |
| Unbacked Noncurrent Loans | Q3 2022vs Q3 2021 | $1.5MM$1.7MM |
| Real Estate Owned | Q3 2022vs Q3 2021 | $0$0 |