Featured Savings Rates
Featured Accounts

Solutions Federal Credit Union

Popular Accounts at this Credit Union

0.82%1-year CD12 Month Share Certificate
0.37%SavingsShare Account
0.72%Money MarketMoney Market Account

Overview / Commentary
907 Broadway St
Elmira, NY 14904-2501

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


No reviews have been left for this bank yet. Be the first to review.

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Solutions Federal Credit Union has a low asset base.

Health Grade Components

NCUA #7846
Year Chartered1952
Primary Regulator
Profit Margin
Return on Assets - YTD0.62%
Return on Equity - YTD5.72%
Annual Interest Income$236.00K
Assets and Liabilities
AssetsQ1 2018vs Q1 2017$25.6MM$23.8MM
LoansQ1 2018vs Q1 2017$16.8MM$15.7MM
DepositsQ1 2018vs Q1 2017$22.9MM$21.3MM
Equity CapitalQ1 2018vs Q1 2017$2.7MM$2.5MM
Loan Loss AllowanceQ1 2018vs Q1 2017$59.00K$67.00K
Unbacked Noncurrent LoansQ1 2018vs Q1 2017$28.00K$44.00K
Real Estate OwnedQ1 2018vs Q1 2017$0$0
Skip to rates for:
Report an Issue

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

1.02%--IRA Share Account
0.37%-$5kShare Account
0.37%--Christmas Club
0.37%--Vacation Club
0.37%--Miscellaneous Club

Solutions Federal Credit Union Money Market Rates

0.72%$2.5k-Money Market Account

Solutions Federal Credit Union CD Rates

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

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 Office907 Broadway StElmira, NY 14904-2501

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact feedback@depositaccounts.com to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.