Corning Federal Credit Union

Rated star_ratedstar_ratedstar_ratedstar_ratedstar_normal by Credit Guide
Review based on 12 criteria Rating: 4 out of 5

PO Box 1450, Corning, NY 14830-1050

Website

(607) 962-3144

Data Source: NCUA, December 31, 2016


Corning Federal Credit Union was founded in 1936. Headquartered in Corning, New York, Corning Federal Credit Union is a federally chartered and federally insured credit union, operating within the regulation of the National Credit Union Association (NCUA) and being insured through the National Credit Union Share Insurance Fund (NCUSIF). Corning Federal Credit Union is also a member of the Federal Home Loan Bank (FHLB), which allows a credit union to access low cost secured borrowings or advances and prlides its members with financial products and services that assist and enhance the financing of housing and community lending.

As of December 31, 2016, Corning Federal Credit Union services 101,875 members through its 21 offices and branches and 300 full-time and 15 part-time employees. It has $1,294,044,516 of total assets and $116,068,673 of net worth. Based on its asset size and net worth ratio, Corning Federal Credit Union is classified as a Well Capitalized large credit union.

Corning Federal Credit Union offers a number of deposit and loan products to its members. To find out how competitive the offers are, please go to the Interest Rates page. Corning Federal Credit Union also provides an array of services to its members and local communities. Corning Federal Credit Union plans to extend its services by adding more branches or service centers in the next 12 month. To find out more, please go to the Services page.

The following two tables list the deplitory and loan interest rates of Corning Federal Credit Union’s popular offerings. You can find out how competitive the offerings are by comparing them to the median interest rates offered by credit unions in New York and in the nation.

Major Deplitory Accounts and Interest Rates (%)

Interest Rate
Median of New York
Median of USA
Checking
0.7100
0.0000
0.0000
Savings
0.1000
0.1500
0.1200
Money Market
0.3500
0.2500
0.2500
Certificate Deplit
0.8400
0.6000
0.5800
IRA
0.5000
0.5000
0.5000

Major Loan Accounts and Interest Rates (%)

Interest Rate
Median Rates of New York
National Median Rates
Credit Cards
10.1400
9.9000
9.9900
Unsecured Line of Credits
5.0000
9.9400
10.9500
Short-term Small Amount
n/a
24.0000
25.0000
Student Loans
6.4900
6.0000
6.0200
New Car Loans
2.9200
3.0000
3.3300
Used Car Loans
3.6100
4.2500
4.5000
1st Mortgage Real Estates
3.9200
4.0000
4.2500
Other Real Estates
3.9200
4.4700
4.7000

Corning Federal Credit Union prlides a number of ways to access its services. In addition to its office and branches, a member can perform banking through Internet, phones, ATMs, and mobile devices. The table below lists the electronic banking services prlided by Corning Federal Credit Union.

Electronic Banking Service Offerings

Membership Application
Yes
Yes
Share Account Transfers
Yes
New Loan Application
Yes
Share Draft Orders
Yes
Yes
New Share Account
Yes
Bill Payment
Yes
No
e-Statements
Yes
Loan Payments
Yes
No
Account Balance Inquiry
Yes
Yes
Yes
View Account History
Yes
No

As a community financial institution, Corning Federal Credit Union actively involves in local communities by prliding services such as financial counseling, financial education, financial literacy workshops, first tim home buyer programs, and student scholarships.

Community and other Service Offerings

Financial Counselling
Yes
Bilingual Services
No
Free Bill Pay
Yes
Financial Education
Yes
In-School Branches
Yes
Free Tax Preparation Service
No
Financial Literacy Workshops
Yes
Student Scholarships
Yes
Insurance/Investment Sales
Yes
First Time Homebuyer Program
Yes
Big Flats Branch
84 Canal St
Big Flats, NY 14814-8968
Phone:607-962-3144

Buchanan Trail Branch
11125 Bemisderfer Rd
Greencastle, PA 17225
Phone:717-597-4400

Chambersburg Branch
800 Norland Ave
Chambersburg, PA 17201-4217
Phone:717-264-5432

Corning Credit Union
Main Office

1 Credit Union Plz
Corning, NY 14830-2857
Phone:607-962-3144

Diesel Branch
890 Addison Rd
Painted Post, NY 14870-9726
Phone:607-962-3144

Elmira Branch
1100 Clemens Center Pkwy Wegmans Plaza
Elmira, NY 14901-1563
Phone:607-962-3144

Elmira High School Branch
777 S Main St Rm 203
Elmira, NY 14904
Phone:607-962-3144

Erwin Branch
792 Addison Rd
Painted Post, NY 14870-8523
Phone:607-962-3144

Erwin Drive-thru
253 S Hamilton St
Painted Post, NY 14870
Phone:607-962-3144

Greencastle Branch
11677 Molly Pitcher Hwy
Greencastle, PA 17225-9042
Phone:717-597-4400

GST Boces Bush Campus Branch
459 Philo Rd Rm 1227
Elmira, NY 14903-1051
Phone:607-962-3144

Horseheads Branch
101 John Roemmelt Dr
Horseheads, NY 14845-8306
Phone:607-962-3144

Houghton Park Branch
1 Credit Union Plz
Corning, NY 14830-2857
Phone:607-962-3144

Leland Branch
2036 Olde Regent Way
Leland, NC 28451-4192
Phone:910-392-6688

Market Street Branch
87 E Market St
Corning, NY 14830
Phone:607-962-3144

Mortgage Office
1601 S College Rd
Wilmington, NC 28403-7359
Phone:28403

Porters Neck Branch
7961 Market St
Wilmington, NC 28411
Phone:910-392-6688

Riverfront Branch
1 Riverfront Plz
Corning, NY 14830-2556
Phone:607-962-3144

Sullivan Park Branch
1 Credit Union Plz
Corning, NY 14830-2857
Phone:607-962-3144

Wilmington Branch
125 Racine Dr
Wilmington, NC 28403-8705
Phone:910-392-6688

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  1. Credit Guide Staff
    Credit Guide Staff

    Last Updated on May 30, 2017

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