Sidney Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 0.45% | 1-year CD | 12 Month Variable Rate Adjustable CD |
| 0.10% | Savings | Main Share |
| 1.21% | 4-year CD | 48 Month Regular Fixed Rate CD |
Sidney Federal Credit Union is headquartered in Sidney and is the 29th largest credit union in the state of New York. It is also the 580th largest credit union in the nation. It was established in 1949 and as of December of 2017, it had grown to 146 employees and 47,591 members at 9 locations. Sidney Federal Credit Union has an A health rating.
Field of Membership Restrictions
Membership is open to those who live, work, worship, attend school or have immediate family in select counties and towns in New York and Pennsylvania (membership requirements are listed in the credit union's online application).
See current membership details
Great banking without the fees
I've been with this credit union for years. All fees are reasonable and far less than any other banking institution I've been with. I didn't realize how good I had it til I signed up with a bank in college. The amount of fees at a typical bank is horrifying. It was such a relief to go back to SFCU after college.
The staff is always friendly and helpful. Even when I called their main office, they were able to help me in a timely manner. Their hours might leave something to be desired, but I live in the middle of nowhere, so that's to be expected.
The site is straight forward and simple. I haven't noticed any downtime so far. The user interface could use a little make over, but functionally it works fine.
My experience with SFCU
I have been using SFCU for my banking for almost 10 years. They are a small, locally run bank that cares a lot about the community. They typically have smaller fees than the bigger banks do, but they offer all of the same services. I have a checking and savings account through them, and have used them in the past to get an auto loan. They are always helpful when i have questions and I never have to wait long to receive assistance. The only thing i would say could be improves would be there website. There have been times when the site is down or that i am unable tolog in and it hinders what i have been trying to do. Overall, SFCU is a good place to do your banking.
Generally Good Bank Experience
The Sidney Federal Credit Union is, overall, a good bank. Generally, I have used this credit union for regular checking accounts, savings accounts, a mortgage account, as well as opening up a home equity line there. I do not like fees associated with the accounts, however, overall customer service has been generally fine. Sometimes there can be a high turnover rate. Generally, the employees appear pleasant, smiling, and helpful. The hours are okay, but could be a little better given that a lot of people begin work early in the morning and are not done with work until later on, perhaps after they are already closed. Of course, they follow the general guidelines for being closed on Federal holidays. Some of the branches of this credit union are open on Saturdays, while others do not appear to be open. Overall, it is a decent experience there.
Local Credit Union
I no longer do my day to day banking with the credit union because mistakes were made (and actually still are sometimes with the credit card I still hold with the establishment) Their branches are nice and clean, but I have had a lot of problems with their online/ mobile banking. I was constantly calling to unlock my account when my password questions were not accepted. Etc. Their customer service is good, but they go through tellers constantly so don't often see the same face. Leads to them not really knowing you or your needs. Their fees are low, and they are good about giving them back if there is a mistake, I just needed something different for day to day.
Data as of Q4 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 6011 |
| Year Chartered | 1949 |
| Employees | 146 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.69% |
| Return on Equity - YTD | 5.29% |
| Annual Interest Income | $16.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2017vs Q4 2016 | $463.6MM$445.1MM |
| Loans | Q4 2017vs Q4 2016 | $263.7MM$248.6MM |
| Deposits | Q4 2017vs Q4 2016 | $398.1MM$383.0MM |
| Equity Capital | Q4 2017vs Q4 2016 | $60.8MM$58.1MM |
| Loan Loss Allowance | Q4 2017vs Q4 2016 | $2.2MM$1.3MM |
| Unbacked Noncurrent Loans | Q4 2017vs Q4 2016 | $2.6MM$2.4MM |
| Real Estate Owned | Q4 2017vs Q4 2016 | $0$141.00K |
Always verify rates and promotions with the bank or credit union. We are not Sidney Federal Credit Union; 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.
Sidney Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.50%* | $5k* | - | Variable Rate HSA Checking | ||
| OTHER TIERS: 0.10% → $100 - $500 | 0.30% → $500 - $5k | |||||
| 0.10%* | $5k* | - | Main Share | ||
| OTHER TIERS: 0.05% → $100 - $5k | |||||
| 0.05% | - | - | Escrow (SFCU mortgages) | ||
| 0.05% | - | - | Christmas Club | ||
| 0.05% | - | - | Insurance | ||
| 0.05% | - | - | Vacation Club | ||
| 0.05% | - | - | Tax Club | ||
| 0.05% | - | - | Extra Christmas Club | ||
Sidney Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.20%* | $10k* | - | Money Management | ||
| OTHER TIERS: 0.10% → $2,500 - $5k | 0.15% → $5k - $10k | |||||
Sidney Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.21% | $500 | - | 48 Month Regular Fixed Rate CD | |
| 0.85% | $500 | - | 36 Month Regular Fixed Rate CD | |
| 0.85% | $10k | - | 36 Month Variable Rate Adjustable CD | |
| 0.70% | $500 | - | 30 Month Regular Fixed Rate CD | |
| 0.60% | $500 | - | 24 Month Regular Fixed Rate CD | |
| 0.60% | $10k | - | 24 Month Variable Rate Adjustable CD | |
| 0.50% | $500 | - | 18 Month Regular Fixed Rate CD | |
| 0.45% | $500 | - | 12 Month Regular Fixed Rate CD | |
| 0.45% | $10k | - | 12 Month Variable Rate Adjustable CD | |
| 0.35% | $1k | - | 6 Month Regular Fixed Rate CD | |
| 0.35% | $1k | - | 9 Month Regular Fixed Rate CD | |
| 0.25% | $1k | - | 91 Day Regular Fixed Rate CD |
Sidney Federal Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.21% | $500 | - | 48 Month Traditional IRA | |
| 1.21% | $500 | - | 48 Month ROTH Conversion IRA | |
| 1.21% | $500 | - | 48 Month CESA | |
| 1.21% | $500 | - | 48 Month ROTH IRA | |
| 0.85% | $500 | - | 36 Month Traditional IRA | |
| 0.85% | $500 | - | 36 Month ROTH Conversion IRA | |
| 0.85% | $500 | - | 36 Month CESA | |
| 0.85% | $500 | - | 36 Month ROTH IRA | |
| 0.70% | $500 | - | 30 Month Traditional IRA | |
| 0.70% | $500 | - | 30 Month ROTH Conversion IRA | |
| 0.70% | $500 | - | 30 Month CESA | |
| 0.70% | $500 | - | 30 Month ROTH IRA | |
| 0.60% | $500 | - | 24 Month Traditional IRA | |
| 0.60% | $500 | - | 24 Month ROTH Conversion IRA | |
| 0.60% | $500 | - | 24 Month CESA | |
| 0.60% | $500 | - | 24 Month ROTH IRA | |
| 0.50% | $500 | - | 18 Month Traditional IRA | |
| 0.50% | $500 | - | 18 Month ROTH Conversion IRA | |
| 0.50% | $500 | - | 18 Month CESA | |
| 0.50% | $500 | - | 18 Month ROTH IRA | |
| 0.45% | $500 | - | 12 Month Traditional IRA | |
| 0.45% | $500 | - | 12 Month ROTH Conversion IRA | |
| 0.45% | $500 | - | 12 Month CESA | |
| 0.45% | $500 | - | 12 Month ROTH IRA | |
| 0.35% | $1k | - | 6 Month Traditional IRA | |
| 0.35% | $1k | - | 9 Month Traditional IRA | |
| 0.35% | $1k | - | 6 Month ROTH Conversion IRA | |
| 0.35% | $1k | - | 9 Month ROTH Conversion IRA | |
| 0.35% | $500 | - | 6 Month CESA | |
| 0.35% | $500 | - | 9 Month CESA | |
| 0.35% | $1k | - | 6 Month ROTH IRA | |
| 0.35% | $1k | - | 9 Month ROTH IRA | |
| 0.25% | $1k | - | 91 Day Traditional IRA | |
| 0.25% | $1k | - | 91 Day ROTH Conversion IRA | |
| 0.25% | $500 | - | 91 Day CESA | |
| 0.25% | $1k | - | 91 Day ROTH IRA | |
| 0.05% | - | - | 1 Month Traditional IRA | |
| 0.05% | - | - | 1 Month ROTH Conversion IRA | |
| 0.05% | - | - | 1 Month CESA | |
| 0.05% | - | - | 1 Month ROTH IRA |
| Sidney Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 42 Union St | Sidney, NY 13838 |
| Branch Office | 3 Liberty St | Walton, NY 13856 |
| Branch Office | 65 Genesee St | Greene, NY 13778 |
| Branch Office | 53 Market St | Oneonta, NY 13820 |
| Branch Office | 75 Oneida St | Oneonta, NY 13820 |
| Branch Office | 16 S Main St | Bainbridge, NY 13733-1204 |
| Branch Office | 5900 County Route 32 | Norwich, NY 13815 |
| Branch Office | 70 W Front Street Ext | Hancock, NY 13783-1016 |
| Branch Office | 5 Main St | Delhi, NY 13753 |