Solutions Federal Credit Union is headquartered in Elmira and is the 142nd largest credit union in the state of New York. It is also the 2,626th largest credit union in the nation. It was established in 1952 and as of March of 2025, it had grown to 8 employees and 3,445 members at 1 location. Solutions Federal Credit Union has a B+ health rating.
Solutions Credit Union is open to those who live or work in the City or Town of Elmira and the townships of Southport and Ashland. Membership eligibility also extends to family members, and employees of the credit union.
See current membership details
Overall | |
---|---|
NCUA # | 7846 |
Year Chartered | 1952 |
Employees | 8 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 1.19% |
Return on Equity - YTD | 9.83% |
Annual Interest Income | $529K |
Assets and Liabilities | ||
---|---|---|
Assets | Q1 2025vs Q1 2024 | $40.4MM$38.1MM |
Loans | Q1 2025vs Q1 2024 | $18.1MM$17.4MM |
Deposits | Q1 2025vs Q1 2024 | $35.5MM$33.7MM |
Equity Capital | Q1 2025vs Q1 2024 | $4.8MM$4.2MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $53K$54K |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $5K$24K |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
Rates for Solutions Federal Credit Union are currently being reviewed.
Solutions Federal Credit Union Locations | ||
---|---|---|
Branch Office | 907 Broadway St | Elmira, NY 14904-2501 |