Alternatives Federal Credit Union

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A short history of Alternatives FCU

Since its inception in 1978 the Alternatives Federal Credit Union has been serving its members in the ITHACA, New York area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Eric Levine, the Alternatives FCU has grown its membership to over 10,126 with assets of more than $102,887,024. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (607) 273-4611 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in ITHACA, NY.

General Information For Alternatives FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 23283
Address 125 N FULTON STREET 
State New York 
Zip-Code 14850
Phone Number (607) 273-4611
Fax Number (607) 277-6391
Email Address:
CEO/President Eric Levine
Members 10,126 
Full-Time Employees 43 
Part-Time Employees
Number of Branch Offices
Total Assets 102,887,024 

Compare Alternatives Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Tompkins Employees CU TEFCU 202 Taughannock Blvd Apt 1B 14850 (607) 272-8567 No 2.41
Cfcu Community CU Route 281 Cortland 3910 State Route 281 13045 (607) 756-6959 No 6.08
Finger Lakes Health Care CU Schuyler Branch 220 Steuben St 14865 (607) 535-4166 No 26.32
Solutions CU main/only office 907 Broadway St 14904 (607) 734-7144 No 28.28
Guthrie CU Elmer Ave Office 104 N Elmer Ave 18840 (570) 888-7135 No 29.32

Alternatives Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Alternatives Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate N/A 4.49 4.49 4.00 3.50
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions N/A 340 263 138 56
Rank Among All New York Credit Unions N/A 117 82 48 20

Alternatives Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.01 0.05 N/A 0.30 0.25
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 140 143 N/A 302 266
Rank Among All New York Credit Unions 22 38 N/A 80 71
Alternatives Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 10.2502,2335,748,153
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 4.49029389,440
Used Vehicle Loans 4.4904873,686,669
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.00050153,259,218
Total Other Real Estate Loans/Lines of Credit 3.50037211,793,046
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.0001401,090,008
TOTAL LOANS & LEASES 3,76275,966,534

Alternatives Federal Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 17318,205,691172,618,900
    b. 15 Years or less 1048,757,2686824,500
    a. > 15 years 727,804,2131200,000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 15218,492,04681,255,800


Closed-End Fixed Rate 0000
Closed-End Adjustable Rate 374,602,89700
Open-End Adjustable Rate 3357,190,1499493,134
Open-End Fixed Rate 0000
TOTALS 87365,052,264415,392,334


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Alternatives Federal Credit Union Member Offerings
First Time Homebuyer Program Yes
Real Estate Loans Yes
Pay Day Lending Yes
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing No
Money Orders No
No Surcharge ATMs No
Home Banking Via Internet Website Yes