Overview / Commentary
Sidney Federal Credit Union is headquartered in Sidney and is the 24th largest credit union in the state of New York. It is also the 442nd largest credit union in the nation. It was established in 1949 and as of September of 2024, it had grown to 202 employees and 72,102 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 Q3 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 6011 |
| Year Chartered | 1949 |
| Employees | 202 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.61% |
| Return on Equity - YTD | 6.1% |
| Annual Interest Income | $40.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2024vs Q3 2023 | $1.02B$866.4MM |
| Loans | Q3 2024vs Q3 2023 | $827MM$691.8MM |
| Deposits | Q3 2024vs Q3 2023 | $913.2MM$777.9MM |
| Equity Capital | Q3 2024vs Q3 2023 | $100.5MM$81.3MM |
| Loan Loss Allowance | Q3 2024vs Q3 2023 | $8.9MM$6.8MM |
| Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $7MM$6.4MM |
| Real Estate Owned | Q3 2024vs Q3 2023 | $148K$287K |
