Wellsville, NY 14895
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.20% 0.91% →
1-Year CD 0.75% 0.85% →
2-Year CD N.A. 0.95% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.61% →
15-Year Mortgage N.A. 2.31% →
HELOC N.A. 2.79% →

2020 Overview

General Credit Union Information

Alco is an NCUA insured institution located in Wellsville, NY. It was founded in 1953 and has approximately $33.61 millions in assets.

NCUA Insured Yes
Charter Number # # 8975
Date Established 1953
Assets $33.61 million
Loans $20.20 million
Deposits $28.60 million
Capital $4.94 million

Field of Membership Restrictions

Membership is open to those who live, worship, attend school or work in, and businesses and legal entities located in Allegany County, New York.

Deposit Rates - December 1, 2020

Your Current Location: Washington, WA 98109

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
0.20% $2,500 $4,999 Learn More
Money Market
0.30% $2,500 $2,999 Learn More
Money Market
0.30% $10,000 $14,999 Learn More
Money Market
0.30% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.50% $10,000 $14,999 Learn More
6 Mo CD
0.50% $100,000 $199,999 Learn More
12 Mo CD
0.75% $10,000 $14,999 Learn More
12 Mo CD
0.75% $100,000 $199,999 Learn More

Loan Rates - December 1, 2020

Your Current Location: Washington, WA 98109

There are currently no loan rates available for ALCO

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Washington 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Learn More
Hart West Financial Inc.
NMLS ID: 116830
2.302% 2.250% 0.75 $1,745 $956 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More

Note to ALCO
To upload and update your bank's rates please register. It is free to register and add rates.



Below are Alco branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

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Alco Locations

Financial Details

Alco Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Alco. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Alco U.S. Average
2.06% 6.71

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of March 30, 2020, Alco had $103,780 in non-current loans and $0 in owned assets. To cover these potential losses it had $4,939,899 in net worth and $92,103 in loans loss reserves. That gives it a Texas Ratio of 2.06%.

Net Worth
Alco U.S. Average
14.69% 13.61%

Alco FCU has a net worth of 14.69% versus the BestCashCow average of 13.61. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Alco

Branches and Savings

What is Alco?

A federal credit union, registered with the NCUA under certificate #8975.
Learn more about credit unions here.

Is Alco FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join Alco?

Please see Field of Membership information above for information on who is eligible to join.

What are Alco's share account and share certificate rates?

Alco's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Alco?

Alco has total capital of $4.94 million. Full information on Alco's financial position is located above.

Who owns Alco?

Credit Unions are owned by their members.

Where are Alco branches located?

See branch locations nearby.

Are Alco ATMs Open 24/7?

Do Alco ATMs accept cash deposits?

Can Alco customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Alco have a mobile app?

Does Alco have mobile deposit?

Does Alco have quick pay?

How can Alco transfer money to other banks or credit unions?

Does Alco report to credit bureaus?

Does Alco use Chexsystems?

Does Alco use Equifax?

What is Alco's toll free phone number?

What is Alco's ACH Routing Number?

What is Alco's SWIFT code?

Where can I find Alco's wire transfer form?

What is the Alco address for deposits?

What Products Does Alco Offer

Does Alco offer mortgages?

Compare mortgage rates here.

Does Alco offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Alco offer auto and RV loans?

Compare auto loan rates here.

Does Alco offer student loans or personal loans?

Compare personal loan rates here.

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