What are the current interest rates at Corning Federal Credit Union?

Current rates for Corning Federal Credit Union include: Savings: 0.70%, MMA: 3.30%

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Corning Federal Credit Union

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Corning Federal Credit Union Rates & Review September 2026

Q: Is a member application needed to join Corning Federal Credit Union?

Yes, to access services at Corning Federal Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, Corning Federal Credit Union provides members with tools to manage their accounts and build a solid financial history.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated and Verified: September 14, 2026

Corning Federal Credit Union's savings rates are at 0.70%. Corning Federal Credit Union's money market rates are at 3.30%. Corning Federal Credit Union's Personal Loan Rates are as low as 8.74%. MonitorBankRates evaluates the financial stability of Corning Federal Credit Union with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 3.00%. Rates last updated and verified on 09/14/2026.

Corning Federal Credit Union money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Corning Federal Credit Union? Share your experience about Corning Federal Credit Union by leaving a review below, or read customer reviews before you decide to use Corning Federal Credit Union.

Verified Healthy 2026 Use This Badge on Your Credit Union Website

Overall Health & Safety Grade

A+

Exceptional Health Score: 99/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

3.00%

Excellent Lower than avg

Health Trend

Very strong 12 quarters

Full history ›

Corning Federal Credit Union
Corning Credit Union

1 Credit Union Plz
Corning, NY 14830-2857

https://www.corningcu.org

Corning Federal Credit Union Savings Rates

Product	Rate	APY	View More
Savings	-	0.70%
Min Deposit $5 Details No monthly fees, a complimentary $5 opening deposit, and convenient ATM access. Last Updated 09/14/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.00%

Corning Federal Credit Union Money Market Rates

Product	Rate	APY	View More
Money Market Account	-	3.30%
Min Balance $500,000 Details Enjoy unlimited withdrawals with no penalties, no minimum balance requirements, and competitive tiered rates that reward higher balances. Last Updated 09/14/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.00%

Corning Federal Credit Union Checking Rates

Product	Rate	APY	View More
High-Yield Checking	-	3.50%
Details Dividends paid on balances up to $20,000. If requirements are not met, no dividend will be paid. Last Updated 09/14/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.00%

Corning Federal Credit Union Personal Loan Rates

Product	APR	Term
FIXED-RATE PERSONAL LOAN	8.74%	60 months
Details As low as; Approval for financing subject to lending guidelines and credit qualifications. The rate and term you receive is based on your credit history and location. Restrictions apply. Ask for details. Last Updated 09/14/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.00%
PERSONAL LINE OF CREDIT	12.24%
Details As low as; Approval for financing subject to lending guidelines and credit qualifications. The rate and term you receive is based on your credit history and location. Restrictions apply. Ask for details. Last Updated 09/14/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.00%

Corning Federal Credit Union Other Rates

Product	Rate	Points	APY/APR
IRA Accounts	-	-	1.60%
Details Plan for retirement with our Individual Retirement Accounts (IRAs) featuring competitive rates and tax advantages. Enjoy no minimum balance requirements, no annual fees, and tax-free or tax-deferred growth potential. Last Updated 09/14/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.00%
Share Certificates	-	-	4.00%
Min Deposit $1,000 Details Lock in great rates with our Share Certificates, offering some of our highest dividend yields. Choose from flexible terms, start with a low minimum balance, and watch your savings grow with automatically compounding dividends. Last Updated 09/14/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.00%

Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution's data from MonitorBankRates.com, please contact us here.

Financial Health History

Corning Federal Credit Union’s Texas Ratio stayed near 2.96% in Q2 2023 to 3.00% in Q1 2026, so its financial health has stayed very strong over the past 12 quarters. Over the same period its Star Rating moved from 5.0 to 5.0. Lower Texas Ratios are healthier — this credit union’s entire history sits far below the 15% threshold for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures.

Swipe the chart sideways to see every quarter.

Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade

How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops.

Show the quarterly figures

Quarter	Total assets	Texas Ratio	Star Rating	Health Grade
March 31, 2026	$2.7B	3.00%	5.0	A+
December 31, 2025	$2.6B	3.57%	5.0	A+
September 30, 2025	$2.5B	3.45%	5.0	A+
June 30, 2025	$2.5B	3.63%	5.0	A+
March 31, 2025	$2.5B	3.72%	5.0	A+
December 31, 2024	$2.4B	4.44%	5.0	A+
September 30, 2024	$2.4B	4.07%	5.0	A+
June 30, 2024	$2.4B	3.41%	5.0	A+
March 31, 2024	$2.4B	3.21%	5.0	A+
December 31, 2023	$2.4B	3.87%	5.0	A+
September 30, 2023	$2.3B	3.71%	5.0	A+
June 30, 2023	$2.4B	2.96%	5.0	A+

Source: NCUA 5300 call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.

Methodology & Data Sources

MonitorBankRates Star Rating

Our rating for Corning Federal Credit Union is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions.

Texas Ratio

We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation

We gather Corning Federal Credit Union rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Corning Federal Credit Union's official website for the most current offers and terms.

Credit Union Profile & Overview

Credit Union Name Corning Federal Credit Union

Website https://www.corningcu.org

Address 1 Credit Union Plz, Corning, NY 14830-2857

Phone 607-962-3144

Fax 607-937-3808

President Kurt Fischer

CEO Gary Grinnell

Full-Time Employees 424

Part-Time Employees 20

Branch Locations 21

ATM Locations 20

NCUA Insured ✓ Yes — Up to $250,000 per depositor

Financials

MonitorBankRates Star Rating

5.0 / 5.0 ★

Overall Health & Safety Grade

A+ (99/100)

Texas Ratio

3.00%

Return on Assets (ROA)

0.2076%

Return on Equity (ROE)

1.9176%

Non-Performing Loans Ratio (NPL)

0.42%

Total Assets

2,726,005,299

Total Amount of Shares and Deposits

2,412,284,314

Total Shares and Deposits < 1 Year

2,367,322,661

Total Shares and Deposits 1 3 Years

32,334,465

Total Shares and Deposits > 3 Years

12,627,188

Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E)

287,507,554

Total Uninsured Shares and Deposits > $250K (F+J)

287,507,554

Total Insured Shares and Deposits > $250K (item 17 less item K)

2,124,776,760

Total Interest Expense (Sum of items 6 8)

11,536,428

Share Certificates

14,121

Number of Accounts for Share Drafts

93,859

IRA KEOGH Accounts

3,966

Number of Accounts for Regular Shares

188,157

All other shares

2,159

Money Market Shares

9,123

Net Worth Classification if credit union is not new (Based upon Call Report data only See instructions)

Well Capitalized

Net Worth Classification if credit union is a new credit union

Well Capitalized

Total Cash on Deposit (Amounts Deposited in Financial Institutions)

294,451,033

Total Liabilities

2,439,274,539

Source: NCUA — Last Updated 03/31/2026

2026 MBR Health & Safety Badge

Corning Federal Credit Union earned the Verified Healthy badge

Display this badge on your website to show visitors your 2026 MonitorBankRates recognition. The badge links back to this profile page for independent verification.

Copy the HTML below and paste it into your website where you’d like the badge to appear. The badge image is hosted on MonitorBankRates — no need to download or upload anything.

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Learn more about the MBR Health & Safety Badge program on our methodology page.

Customer Reviews

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Frequently Asked Questions About Corning Federal Credit Union

How many branches does Corning Federal Credit Union operate?

Corning Federal Credit Union currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is a member application needed to join Corning Federal Credit Union?

Yes, to access services at Corning Federal Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Is there a first-time homebuyer program?

Currently, Corning Federal Credit Union does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Corning Federal Credit Union provides members with tools to manage their accounts and build a solid financial history.

Does Corning Federal Credit Union offer online and mobile banking?

Most modern institutions like Corning Federal Credit Union provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.corningcu.org.