Overview / Commentary
Upstate Telco Federal Credit Union is headquartered in Gloversville and is the 236th largest credit union in the state of New York. It is also the 4,055th largest credit union in the nation. It was established in 1956 and as of March of 2025, it had grown to 1 employees and 417 members at 1 location. Upstate Telco Federal Credit Union has a C+ health rating.
Field of Membership Restrictions
Membership in Upstate Telco Federal Credit Union is open to employees and retirees of Frontier- a Citizens Communications Company who work or are supervised from the Gloversville or Middletown offices.
See current membership details
Health
C+
Data as of Q1 2025
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. Upstate Telco Federal Credit Union has a very low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 10746 |
| Year Chartered | 1956 |
| Employees | 1 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 4.07% |
| Return on Equity - YTD | 26.02% |
| Annual Interest Income | $54K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $4.3MM$4.9MM |
| Loans | Q1 2025vs Q1 2024 | $1.1MM$1.2MM |
| Deposits | Q1 2025vs Q1 2024 | $3.6MM$4.3MM |
| Equity Capital | Q1 2025vs Q1 2024 | $666K$591K |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $34K$90K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $0$47K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |