REMINGTON Credit Union Profile

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REMINGTON

Charter #2008 | NCUA Region 1 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (315) 894-9924

Fax: (315) 894-9926

Founding Date: N/A

Website: http://www.remingtonfcu.com

Personnel & Operations

President: Conover, James

Manager: Davenport, Tracey

FT Employees: 9

PT Employees: 2

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 49

Branches: 1

Hours: M-F 9AM to 5PM Sat 9AM to 12PM

Credit Union Profile Summary

REMINGTON is a FCU Credit Union. With a total of 3,705 members [1], this institution manages approximately $57,818,385 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 14.16% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 1.58% [1].

Financial Snapshot

Total Assets [1]
$57,818,385

Total economic resources.

Total Loans [1]
$21,893,549

Total value of outstanding loans.

Total Deposits [1]
$49,297,507

Total funds deposited by members.

Members [1]
3,705

Number of active members.

Performance Ratios

Net Worth Ratio [1]
14.16%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
1.07%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
44.41%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
3.02%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
1.58%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
-2.78%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

39 Central Plz

Ilion, NY, 13357

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

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Branch Locations

Found 1 branches reported by REMINGTON (Charter #2008).

Main Office

Ilion Main Office

Type: Corporate Office

39 Central Plz

Ilion, NY 13357

Phone: (315) 894-9924

Services: Member Services, ATM

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