Rochester and Monroe County Employees Federal Credit


Overview / Commentary
585-546-4279
460 N Goodman St
Rochester, NY 14609

Rochester and Monroe County Employees Federal Credit is headquartered in Rochester and is the 170th largest credit union in the state of New York. It is also the 3,083rd largest credit union in the nation. It was established in 1935 and as of March of 2024, it had grown to 6 employees and 3,145 members at 2 locations. Rochester and Monroe County Employees Federal Credit's CD rates are 96% higher than the national average, and it has a B health rating.

Field of Membership Restrictions

Rochester and Monroe County Employees Federal Credit offers membership to anyone who lives, works, or worships in the City of Rochester. All employees of the City of Rochester, the County of Monroe, and some towns and villages within the county also qualify for membership.
See current membership details

Reviews

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



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. Rochester and Monroe County Employees Federal Credit has a low asset base.

Health Grade Components

Overall
NCUA #817
Year Chartered1935
Employees6
Primary Regulator
Profit Margin
Return on Assets - YTD0.43%
Return on Equity - YTD3.73%
Annual Interest Income$323K
Assets and Liabilities
AssetsQ1 2024vs Q1 2023$26MM$26.8MM
LoansQ1 2024vs Q1 2023$21.6MM$20.7MM
DepositsQ1 2024vs Q1 2023$22.6MM$23.8MM
Equity CapitalQ1 2024vs Q1 2023$3MM$2.9MM
Loan Loss AllowanceQ1 2024vs Q1 2023$262K$236K
Unbacked Noncurrent LoansQ1 2024vs Q1 2023$149K$274K
Real Estate OwnedQ1 2024vs Q1 2023$0$0
Rates
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Rochester and Monroe County Employees Federal Credit; 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.

Rochester and Monroe County Employees Federal Credit Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.75%$0-Individual Retirement Account
0.05%$0-Regular Share Savings

Rochester and Monroe County Employees Federal Credit Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.60%*$50k*-Money Market Account
OTHER TIERS: 0.05% $0 - $2.5k | 0.30% $2.5k - $10k | 0.45% $10k - $25k | 0.55% $25k - $50k

Rochester and Monroe County Employees Federal Credit CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.57%$500-11 Month CD Special - New Money
2.78%$500-60 Month Share Certificate
2.52%$500-48 Month Certificate
2.27%$500-36 Month Share Certificate
2.01%$500-24 Month Share Certificate
1.76%$500-1 Share Certificate
1.76%$500-15 Month Share Certificate
1.51%$500-6 Month Share Certificate
1.51%$500-9 Share Certificate
1.15%$500-91 Day Share Certificate
Locations


Rochester and Monroe County Employees Federal Credit Locations
Branch Office40 N Fitzhugh StRochester, NY 14614-1211
Branch Office460 N Goodman StRochester, NY 14609-6135

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.