Solutions Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 0.82% | 1-year CD | 12 Month Share Certificate 2.40% - Ally Bank High Yield 12-Month CD |
| 0.37% | Savings | Share Account |
| 0.72% | Money Market | Money Market Account 0.29% - National Average |
Solutions Federal Credit Union is headquartered in Elmira and is the 167th largest credit union in the state of New York. It is also the 3,113th largest credit union in the nation. It was established in 1952 and as of March of 2018, it had grown to 7 employees and 3,823 members at 1 location. Solutions Federal Credit Union's money market rates are 64% higher than the national average, and it has a B+ health rating.
Field of Membership Restrictions
Membership is open to those who live, work, attend school or worship in the townships of Ashland, Elmira, or Southport.
See current membership details
Data as of Q1 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 7846 |
| Year Chartered | 1952 |
| Employees | 7 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.62% |
| Return on Equity - YTD | 5.72% |
| Annual Interest Income | $236.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2018vs Q1 2017 | $25.6MM$23.8MM |
| Loans | Q1 2018vs Q1 2017 | $16.8MM$15.7MM |
| Deposits | Q1 2018vs Q1 2017 | $22.9MM$21.3MM |
| Equity Capital | Q1 2018vs Q1 2017 | $2.7MM$2.5MM |
| Loan Loss Allowance | Q1 2018vs Q1 2017 | $59.00K$67.00K |
| Unbacked Noncurrent Loans | Q1 2018vs Q1 2017 | $28.00K$44.00K |
| Real Estate Owned | Q1 2018vs Q1 2017 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Solutions Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
Solutions Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.02% | - | - | IRA Share Account | |
| 0.37% | - | $5k | Share Account | |
| 0.37% | - | - | Christmas Club | |
| 0.37% | - | - | Vacation Club | |
| 0.37% | - | - | Miscellaneous Club |
Solutions Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.72% | $2.5k | - | Money Market Account |
Solutions Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.02% | $1k | - | 18 Month Share Certificate | |
| 0.82% | $1k | - | 12 Month Share Certificate | |
| 0.72% | $1k | - | 6 Month Share Certificate |
Solutions Federal Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.02% | $1k | - | 18 Month IRA Certificate | |
| 0.82% | $1k | - | 12 Month IRA Certificate | |
| 0.72% | $1k | - | 6 Month IRA Certificate |
| Solutions Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 907 Broadway St | Elmira, NY 14904-2501 |