Overview / Commentary
Sidney Federal Credit Union is headquartered in Sidney and is the 23rd largest credit union in the state of New York. It is also the 429th largest credit union in the nation. It was established in 1949 and as of March of 2025, it had grown to 200 employees and 73,134 members at 12 locations. Sidney Federal Credit Union has an A health rating.
Field of Membership Restrictions
Membership in sfcu is open to those who live, work, or attend school in the New York counties of Broome, Chenango, Cortland, Delaware, Essex, Fulton, Hamilton, Herkimer, Madison, Montgomery, Oneida, Onondaga, Ostego, or Schoharie.
See current membership details
Health
A
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 6011 |
| Year Chartered | 1949 |
| Employees | 200 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.97% |
| Return on Equity - YTD | 9.8% |
| Annual Interest Income | $15.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $1.08B$983.4MM |
| Loans | Q1 2025vs Q1 2024 | $910.7MM$736MM |
| Deposits | Q1 2025vs Q1 2024 | $972.9MM$881.1MM |
| Equity Capital | Q1 2025vs Q1 2024 | $105.4MM$93.2MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $9.1MM$9MM |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $8.9MM$5.5MM |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$287K |
