Headquartered in Ithaca, New York, Alternatives Federal Credit Union is a federal credit union with $161.4M in total assets and $144.5M in member shares and deposits as of Q2 2026. It operates 1 office. Its charter dates back to 1978.
Based on its Q2 2026 filing, Alternatives Federal Credit Union scores 29/100, which we describe as low. That is higher than only 0% of 1,341 credit unions with $100 million – $1 billion. Among 268 credit unions headquartered in New York, it ranks 267th. Its strongest component is funding & liquidity (93/100; 67% loans-to-deposits, 8% uninsured), and its lowest is earnings (0/100; -1.01%).
TellerScore · Q2 2026
Scorecard
The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.
9 quarters
Health trend
From Q2 2025 to Q2 2026, the score fell 10 points (39 → 29), mostly because the capital cushion component weakened by 22 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 47 |
| Q3 2024 | 46 |
| Q4 2024 | 43 |
| Q1 2025 | 42 |
| Q2 2025 | 39 |
| Q3 2025 | 36 |
| Q4 2025 | 32 |
| Q1 2026 | 34 |
| Q2 2026 | 29 |
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| Quarter | Net worth ratio |
|---|---|
| Q2 2024 | 11.32% |
| Q3 2024 | 11.47% |
| Q4 2024 | 11.19% |
| Q1 2025 | 10.99% |
| Q2 2025 | 11.02% |
| Q3 2025 | 10.42% |
| Q4 2025 | 9.95% |
| Q1 2026 | 9.76% |
| Q2 2026 | 8.83% |
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| Quarter | Delinquent loans (60+ days) |
|---|---|
| Q2 2024 | 4.79% |
| Q3 2024 | 5.02% |
| Q4 2024 | 5.12% |
| Q1 2025 | 3.94% |
| Q2 2025 | 5.95% |
| Q3 2025 | 5.63% |
| Q4 2025 | 6.03% |
| Q1 2026 | 3.72% |
| Q2 2026 | 4.71% |
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| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.72% |
| Q3 2024 | 0.40% |
| Q4 2024 | 0.21% |
| Q1 2025 | -0.09% |
| Q2 2025 | -0.19% |
| Q3 2025 | -1.02% |
| Q4 2025 | -1.14% |
| Q1 2026 | -1.19% |
| Q2 2026 | -1.01% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 29 | $161.4M | 8.83% | 4.71% | -1.01% | 67.4% |
| Q1 2026 | 34 | $162.0M | 9.76% | 3.72% | -1.19% | 63.9% |
| Q4 2025 | 32 | $163.8M | 9.95% | 6.03% | -1.14% | 64.5% |
| Q3 2025 | 36 | $166.4M | 10.42% | 5.63% | -1.02% | 59.7% |
| Q2 2025 | 39 | $167.4M | 11.02% | 5.95% | -0.19% | 61.8% |
| Q1 2025 | 42 | $168.9M | 10.99% | 3.94% | -0.09% | 62.1% |
| Q4 2024 | 43 | $166.3M | 11.19% | 5.12% | 0.21% | 65.0% |
| Q3 2024 | 46 | $166.4M | 11.47% | 5.02% | 0.40% | 65.8% |
| Q2 2024 | 47 | $168.3M | 11.32% | 4.79% | 0.72% | 66.8% |
1,341 peers · $100 million – $1 billion
How it compares with peers
Percentile against credit unions of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).
Similar-size credit unions in New York
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Southern Chautauqua Federal Credit UnionCredit union Lakewood, NY | 78 out of 100, Strong | $163.1M | 17.6% | 1.61% | vs |
| Inner Lakes Federal Credit UnionCredit union Westfield, NY | 70 out of 100, Strong | $165.9M | 9.8% | 0.57% | vs |
| Ukrainian National Federal Credit UnionCredit union New York, NY | 54 out of 100, Below average | $155.1M | 12.8% | 2.16% | vs |
| Greater Woodlawn Federal Credit UnionCredit union Blasdell, NY | 96 out of 100, Very strong | $168.4M | 23.9% | 0.12% | vs |
| Oswego County Federal Credit UnionCredit union Oswego, NY | 63 out of 100, Moderate | $152.5M | 12.1% | 2.06% | vs |
| Tonawanda Valley Federal Credit UnionCredit union Batavia, NY | 82 out of 100, Strong | $170.7M | 11.1% | 0.19% | vs |
Deposit insurance
Is my money safe at Alternatives Federal Credit Union?
Yes. Alternatives Federal Credit Union is a federally insured credit union (NCUA charter #23283). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.
An estimated 8.3% of shares and deposits ($12.0M) are above the $250,000 NCUA insurance limit, above the peer median of 6%. Insured balances are protected regardless of the score.
The net worth ratio is 8.83%, slightly above the 7% level regulators use as the "well capitalized" benchmark for this measure.
1 location
Branches
Alternatives Federal Credit Union lists 1 office in 1 city. Most locations:
- Ithaca, NY (1)
HMDA 2025
Mortgage lending
In 2025, Alternatives Federal Credit Union reported 47 home-loan applications under HMDA (LEI 254900HXPUN0BQEZ4350): 41 originated ($3,705,000 total), 4 denied, and 2 withdrawn or closed by the applicant. Its denial rate on decided applications was 8.9%, compared with 22.2% for all lenders nationwide.
Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.
Identity & history
Profile
- Legal name
- Alternatives Federal Credit Union
- Type
- Federal credit union
- NCUA charter #
- 23283
- RSSD ID
- 865384
- Primary regulator
- NCUA
- Established
- 1978
- Headquarters
- 125 N Fulton Street, Ithaca, NY 14850
- Employees
- 54
Quick answers
Alternatives Federal Credit Union: common questions
Is Alternatives Federal Credit Union NCUA insured?
Yes. Alternatives Federal Credit Union is a federally insured credit union (NCUA charter #23283). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.
What is Alternatives Federal Credit Union's TellerScore?
29 out of 100 (Low), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
How many branches does Alternatives Federal Credit Union have?
1 office as of the latest NCUA data.
Nearby
Highest-scoring banks and credit unions with branches near Ithaca
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| The First National Bank of DrydenBank Dryden, NY | 80 out of 100, Strong | $203.9M | 13.5% | 0.93% | vs |
| The First National Bank of GrotonBank Groton, NY | 78 out of 100, Strong | $203.9M | 14.6% | 1.62% | vs |
| Beginnings Credit UnionCredit union Ithaca, NY | 77 out of 100, Strong | $1.5B | 14.0% | 0.69% | vs |
| Chemung Canal Trust Company, National AssociationBank Elmira, NY | 72 out of 100, Strong | $2.8B | 11.4% | 0.38% | vs |
| First Heritage Federal Credit UnionCredit union Corning, NY | 72 out of 100, Strong | $839.7M | 11.1% | 0.44% | vs |
| Tioga State Bank National AssociationBank Spencer, NY | 71 out of 100, Strong | $625.2M | 11.4% | 1.00% | vs |