Featured Savings Rates
Featured Accounts

WIT Federal Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
1.05%5-year CD5 Year CD
1.00%1-year CD12 Month CD
0.05%SavingsShare Account (Savings)

Overview / Commentary
585-454-4580
22 4th St
Rochester, NY 14609-6032

WIT Federal Credit Union is headquartered in Rochester and is the 188th largest credit union in the state of New York. It is also the 3,558th largest credit union in the nation. It was established in 1962 and as of March of 2017, it had grown to 10 employees and 4,116 members at 3 locations. WIT Federal Credit Union's money market rates are 14% higher than the national average, and it has a B health rating.

Field of Membership Restrictions

Membership is open to employees of West Irondequoit School District, Bishop Kearney Private School, Christ the King Private School, St. John Neumann Private School, Amalgamated Transit Workers, Local 282, Lift Line, Rochester - Genesee Regional Transportation Authority, Laborers' International Union of North America, Local 435, International Association of Heat and Frost Insulators & Allied Workers, Local 26, Sheet Metal Workers' International Association, Local 46, Teamsters Local 118, Alsco who work in Rochester, NY.
See current membership details

Reviews

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



Health
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. WIT Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #14836
Year Chartered1962
Employees10
Primary Regulator
Profit Margin
Return on Assets - YTD-0.88%
Return on Equity - YTD-7.87%
Annual Interest Income$212.00K
Assets and Liabilities
AssetsQ1 2017vs Q1 2016$18.4MM$12.9MM
LoansQ1 2017vs Q1 2016$14.1MM$10.4MM
DepositsQ1 2017vs Q1 2016$16.3MM$11.2MM
Equity CapitalQ1 2017vs Q1 2016$2.0MM$1.6MM
Loan Loss AllowanceQ1 2017vs Q1 2016$104.00K$41.00K
Unbacked Noncurrent LoansQ1 2017vs Q1 2016$133.00K$143.00K
Real Estate OwnedQ1 2017vs Q1 2016$0$0
Rates
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not WIT Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

WIT Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%--Share Account (Savings)
0.05%--IRA Share Account

WIT Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*$25k*-Money Market Account
OTHER TIERS: 0.20% $1,500 - $10k | 0.40% $10k - $25k

WIT Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.05%*$100k*-5 Year CD
OTHER TIERS: 0.55% $1k - $5k | 0.80% $5k - $50k | 0.95% $50k - $100k
1.00%*$100k*-12 Month CD
OTHER TIERS: 0.40% $1k - $5k | 0.75% $5k - $50k | 0.90% $50k - $100k
1.00%*$100k*-3 Year CD
OTHER TIERS: 0.45% $1k - $5k | 0.75% $5k - $50k | 0.90% $50k - $100k
0.95%*$100k*-2 Year CD
OTHER TIERS: 0.35% $1k - $5k | 0.70% $5k - $50k | 0.85% $50k - $100k
0.85%*$100k*-18 Month CD
OTHER TIERS: 0.25% $1k - $5k | 0.60% $5k - $50k | 0.75% $50k - $100k
0.75%*$100k*-6 Month CD
OTHER TIERS: 0.30% $1k - $5k | 0.50% $5k - $50k | 0.65% $50k - $100k
0.75%*$100k*-9 Month CD
OTHER TIERS: 0.30% $1k - $5k | 0.50% $5k - $50k | 0.65% $50k - $100k
0.50%*$100k*-3 Month CD
OTHER TIERS: 0.25% $1k - $50k | 0.40% $50k - $100k

WIT Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.75%$5k-12 Month IRA
Locations


WIT Federal Credit Union Locations
Branch Office22 4th StRochester, NY 14609-6032
Branch Office200 Perrin DrRochester, NY 14622
Branch Office1350 Buffalo RdRochester, NY 14624-1829