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Overview / Commentary
315-894-9924
39 Central Plz
Ilion, NY 13357

Remington Federal Credit Union is headquartered in Ilion and is the 132nd largest credit union in the state of New York. It is also the 2,582nd largest credit union in the nation. It was established in 1937 and as of December of 2016, it had grown to 9 employees and 4,442 members at 1 location. Remington Federal Credit Union has a B health rating.

Field of Membership Restrictions

Must be an employee of the Remington Arms Company who work in Ilion, New York or be an employee or member of several other select groups and companies.
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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. Remington Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #2008
Year Chartered1937
Employees9
Primary Regulator
Profit Margin
Return on Assets - YTD0.5%
Return on Equity - YTD3.76%
Annual Interest Income$1.1MM
Assets and Liabilities
AssetsQ4 2016vs Q4 2015$39.3MM$41.6MM
LoansQ4 2016vs Q4 2015$15.5MM$12.1MM
DepositsQ4 2016vs Q4 2015$33.9MM$36.4MM
Equity CapitalQ4 2016vs Q4 2015$5.2MM$5.0MM
Loan Loss AllowanceQ4 2016vs Q4 2015$167.00K$171.00K
Unbacked Noncurrent LoansQ4 2016vs Q4 2015$40.00K$0
Real Estate OwnedQ4 2016vs Q4 2015$0$0
Rates
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Remington Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%--IRA Account
0.05%$100-Regular Shares

Remington Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%$2,500-Money Market Account

Remington Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.55%$1k-36 Month CD
0.45%$1k-24 Month CD
0.35%$1k-12 Month CD
0.25%$1k-6 Month CD
Locations


Remington Federal Credit Union Locations
Branch Office39 Central PlzIlion, NY 13357