Syracuse Fire Department Employees Federal Credit Union
Overview / Commentary
Syracuse Fire Department Employees Federal Credit Union is headquartered in Syracuse and is the 76th largest credit union in the state of New York. It is also the 1,578th largest credit union in the nation. It was established in 1950 and as of March of 2025, it had grown to 14 employees and 6,551 members at 1 location. Syracuse Fire Department Employees Federal Credit Union has an A+ health rating.
Field of Membership Restrictions
Must be an active or retired employee of the Syracuse, New York Fire Department, in Syracuse, New York or be an employee of one of the several select groups.
See current membership details
Health
A+
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 6627 |
| Year Chartered | 1950 |
| Employees | 14 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.74% |
| Return on Equity - YTD | 12.28% |
| Annual Interest Income | $1.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $134.8MM$127.4MM |
| Loans | Q1 2025vs Q1 2024 | $74MM$66MM |
| Deposits | Q1 2025vs Q1 2024 | $115.7MM$109.8MM |
| Equity Capital | Q1 2025vs Q1 2024 | $18.8MM$16.8MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $230K$193K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $249K$304K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |