Steuben Citizens Federal Credit Union
Overview / Commentary
Steuben Citizens Federal Credit Union is headquartered in Bath and is the 154th largest credit union in the state of New York. It is also the 2,808th largest credit union in the nation. It was established in 1949 and as of December of 2024, it had grown to 6 employees and 2,621 members at 3 locations. Steuben Citizens Federal Credit Union has a B health rating.
Field of Membership Restrictions
Steuben Citizens Federal Credit Union is open to businesses or other legal entities, and those who live, work, worship, or attend school in Steuben County, New York. Immediate family and household members of existing credit union members may also join.
See current membership details
Health
B
Data as of Q4 2024
Learn why bank health mattersAdditional 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. Steuben Citizens Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 6225 |
| Year Chartered | 1949 |
| Employees | 6 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.24% |
| Return on Equity - YTD | -2.03% |
| Annual Interest Income | $1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2024vs Q4 2023 | $33.2MM$35.6MM |
| Loans | Q4 2024vs Q4 2023 | $7.2MM$7.1MM |
| Deposits | Q4 2024vs Q4 2023 | $29MM$31MM |
| Equity Capital | Q4 2024vs Q4 2023 | $4MM$4.1MM |
| Loan Loss Allowance | Q4 2024vs Q4 2023 | $70K$16K |
| Unbacked Noncurrent Loans | Q4 2024vs Q4 2023 | $1,000$0 |
| Real Estate Owned | Q4 2024vs Q4 2023 | $0$0 |