Rome Teachers Federal Credit Union
Overview / Commentary
Rome Teachers Federal Credit Union is headquartered in Rome and is the 116th largest credit union in the state of New York. It is also the 2,315th largest credit union in the nation. It was established in 1958 and as of March of 2025, it had grown to 12 employees and 3,116 members at 3 locations. Rome Teachers Federal Credit Union has an A health rating.
Field of Membership Restrictions
Membership in RT Federal Credit Union is open to those who live, worship, work (or regularly conduct business in), or attend school in, and businesses and other legal entities located in 36 central New York state school districts.
See current membership details
Health
A
Data as of Q1 2025
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. Rome Teachers Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 12624 |
| Year Chartered | 1958 |
| Employees | 12 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.85% |
| Return on Equity - YTD | -7.36% |
| Annual Interest Income | $520K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $57.7MM$54.2MM |
| Loans | Q1 2025vs Q1 2024 | $20.6MM$22.3MM |
| Deposits | Q1 2025vs Q1 2024 | $50.4MM$46.9MM |
| Equity Capital | Q1 2025vs Q1 2024 | $6.5MM$6.6MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $105K$100K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $65K$64K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |