Overview / Commentary
Twin Rivers Federal Credit Union is headquartered in Massena and is the 146th largest credit union in the state of New York. It is also the 2,697th largest credit union in the nation. It was established in 1970 and as of September of 2024, it had grown to 9 employees and 2,692 members at 1 location. Twin Rivers Federal Credit Union's CD rates are 68% higher than the national average, and it has a C+ health rating.
Field of Membership Restrictions
Membership is open to those who live, worship, attend school or work in, or businesses located in St. Lawrence County in New York.
See current membership details
Health
C+
Data as of Q3 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. Twin Rivers Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 20290 |
| Year Chartered | 1970 |
| Employees | 9 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.5% |
| Return on Equity - YTD | 6.81% |
| Annual Interest Income | $1.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2024vs Q3 2023 | $38MM$37.2MM |
| Loans | Q3 2024vs Q3 2023 | $16.3MM$16.1MM |
| Deposits | Q3 2024vs Q3 2023 | $34.8MM$35.4MM |
| Equity Capital | Q3 2024vs Q3 2023 | $2.8MM$1.3MM |
| Loan Loss Allowance | Q3 2024vs Q3 2023 | $176K$155K |
| Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $0$51K |
| Real Estate Owned | Q3 2024vs Q3 2023 | $0$0 |