Beginnings Credit Union (NCUA charter #68322) is based in Ithaca, New York. Its Q2 2026 call report shows $1.5B in total assets and $1.3B in member shares and deposits and 14 offices.
Beginnings Credit Union has a TellerScore of 77 out of 100 (strong) based on Q2 2026 data — higher than 82% of its 454 credit unions with $1 billion – $10 billion. Among 268 credit unions headquartered in New York, it ranks 87th. Problem-loan coverage contributes the most (93/100, 3.6%); earnings contributes the least (49/100, 0.73%).
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 rose 4 points (73 → 77), mostly because the loan quality component improved by 11 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 67 |
| Q3 2024 | 72 |
| Q4 2024 | 69 |
| Q1 2025 | 71 |
| Q2 2025 | 73 |
| Q3 2025 | 75 |
| Q4 2025 | 72 |
| Q1 2026 | 72 |
| Q2 2026 | 77 |
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| Quarter | Net worth ratio |
|---|---|
| Q2 2024 | 14.03% |
| Q3 2024 | 14.40% |
| Q4 2024 | 13.81% |
| Q1 2025 | 13.69% |
| Q2 2025 | 14.10% |
| Q3 2025 | 14.21% |
| Q4 2025 | 13.62% |
| Q1 2026 | 13.69% |
| Q2 2026 | 14.01% |
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| Quarter | Delinquent loans (60+ days) |
|---|---|
| Q2 2024 | 1.27% |
| Q3 2024 | 1.07% |
| Q4 2024 | 1.23% |
| Q1 2025 | 0.86% |
| Q2 2025 | 1.03% |
| Q3 2025 | 0.97% |
| Q4 2025 | 0.98% |
| Q1 2026 | 0.60% |
| Q2 2026 | 0.69% |
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| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.26% |
| Q3 2024 | 0.53% |
| Q4 2024 | 0.39% |
| Q1 2025 | 0.22% |
| Q2 2025 | 0.62% |
| Q3 2025 | 0.76% |
| Q4 2025 | 0.63% |
| Q1 2026 | 0.09% |
| Q2 2026 | 0.73% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 77 | $1.5B | 14.01% | 0.69% | 0.73% | 82.3% |
| Q1 2026 | 72 | $1.5B | 13.69% | 0.60% | 0.09% | 81.7% |
| Q4 2025 | 72 | $1.5B | 13.62% | 0.98% | 0.63% | 81.7% |
| Q3 2025 | 75 | $1.5B | 14.21% | 0.97% | 0.76% | 85.0% |
| Q2 2025 | 73 | $1.4B | 14.10% | 1.03% | 0.62% | 84.5% |
| Q1 2025 | 71 | $1.5B | 13.69% | 0.86% | 0.22% | 81.3% |
| Q4 2024 | 69 | $1.4B | 13.81% | 1.23% | 0.39% | 82.2% |
| Q3 2024 | 72 | $1.4B | 14.40% | 1.07% | 0.53% | 87.2% |
| Q2 2024 | 67 | $1.4B | 14.03% | 1.27% | 0.26% | 86.8% |
454 peers · $1 billion – $10 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 |
|---|---|---|---|---|---|
| The Summit Federal Credit UnionCredit union Rochester, NY | 72 out of 100, Strong | $1.5B | 11.3% | 0.34% | vs |
| Mid-Hudson Valley Federal Credit UnionCredit union Kingston, NY | 69 out of 100, Moderate | $1.7B | 9.9% | 0.36% | vs |
| Quorum Federal Credit UnionCredit union Purchase, NY | 59 out of 100, Moderate | $1.4B | 9.8% | 1.74% | vs |
| Island Federal Credit UnionCredit union Hauppauge, NY | 60 out of 100, Moderate | $1.3B | 10.4% | 1.10% | vs |
| Sidney Federal Credit UnionCredit union Sidney, NY | 67 out of 100, Moderate | $1.3B | 10.5% | 0.85% | vs |
| Sunmark Credit UnionCredit union Albany, NY | 56 out of 100, Moderate | $1.2B | 9.5% | 1.37% | vs |
Deposit insurance
Is my money safe at Beginnings Credit Union?
Yes. Beginnings Credit Union is a federally insured credit union (NCUA charter #68322). 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 9.2% of shares and deposits ($120.1M) are above the $250,000 NCUA insurance limit, close to the peer median of 9%. Insured balances are protected regardless of the score.
The net worth ratio is 14.01%, well above the 7% level regulators use as the "well capitalized" benchmark for this measure.
14 locations
Branches
Beginnings Credit Union lists 14 offices in 6 cities. Most locations:
- Ithaca, NY (8)
- Cortland, NY (2)
- Camillus, NY (1)
- East Syracuse, NY (1)
- North Syracuse, NY (1)
- Waterloo, NY (1)
Identity & history
Profile
- Legal name
- Beginnings Credit Union
- Type
- Federally insured state-chartered credit union
- NCUA charter #
- 68322
- RSSD ID
- 272281
- Primary regulator
- State + NCUA
- Established
- 1953
- Headquarters
- 1030 Craft Road, Ithaca, NY 14850
- Employees
- 231
Quick answers
Beginnings Credit Union: common questions
Is Beginnings Credit Union NCUA insured?
Yes. Beginnings Credit Union is a federally insured credit union (NCUA charter #68322). 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 Beginnings Credit Union's TellerScore?
77 out of 100 (Strong), 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 Beginnings Credit Union have?
14 offices 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 |
| 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 |
| Corning Federal Credit UnionCredit union Corning, NY | 68 out of 100, Moderate | $2.8B | 10.8% | 0.45% | vs |