First Source Federal Credit Union

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A short history of First Source FCU

Since its inception in 1938 the First Source Federal Credit Union has been serving its members in the NEW HARTFORD, 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 Michael Parsons, the First Source FCU has grown its membership to over 44,183 with assets of more than $498,948,996. They have a main office and 5 branch offices. Please see the credit unions website or contact them by phone at (315) 735-8571 or email them at fsource@fsource.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in NEW HARTFORD, NY.

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

Charter Number 2658
Address 4451 COMMERCIAL DR 
City NEW HARTFORD 
State New York 
Zip-Code 13413
Phone Number (315) 735-8571
Fax Number (315) 735-1552
Email Address: fsource@fsource.org
CEO/President Michael Parsons
Members 44,183 
Full-Time Employees 128 
Part-Time Employees 12 
Number of Branch Offices
Total Assets 498,948,996 
Website http://www.fsource.org 

Compare First Source Federal Credit Union To Other Local Credit Unions


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Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Utica District Telephone Employees CU CREDIT UNION LOT 2812 GENESEE ST 13502 (315) 724-5133 No 1.29
Utica Gas & Electric Emp CU Main 215 Old Campion Rd 13413 (315) 733-1596 No 2.13
Umico CU New Hartford 180 Genesee St 13413 (315) 734-2139 No 2.17
Oneida County CU Oneida County Federal Federal Credit Union 800 Park Ave 13501 (315) 798-5741 No 3.28
Utica Police Department CU utica police dept. fcu utica police dept.fcu 13502 (315) 223-3592 No 3.30

First Source Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


First Source 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 9.15 3.50 6.67 4.95 4.15
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 169 209 515 263 121
Rank Among All New York Credit Unions 25 84 142 82 35

First Source Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.08 0.25 0.50 0.72 0.71
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 120 95 60 221 198
Rank Among All New York Credit Unions 17 25 13 53 49
First Source Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.15012,08019,660,863
All Other Unsecured Loans/Lines of Credit 9.3104,59826,186,108
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.5003,39158,821,614
Used Vehicle Loans 6.6707,00867,345,299
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.9503,654209,483,501
Total Other Real Estate Loans/Lines of Credit 4.1501,40235,718,459
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.7204,13425,475,325
TOTAL LOANS & LEASES 36,267442,691,169

First Source Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

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 28226,738,19515017,414,195
    b. 15 Years or less 2,835151,275,60127418,753,424
Balloon/Hybrid
    a. > 15 years 10513,446,595212,519,214
    b. 15 Years or less 4327,9761119,700
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 42817,695,134421,243,996
Adjustable Rate > 1 yr 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 85224,536,687702,372,088
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 55011,181,77217334,988
Open-End Fixed Rate 0000
TOTALS 5,056245,201,96057542,757,605

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

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

First Source Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
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 Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes