Credit union · NCUA insured
High Point Federal Credit Union
A $433.8M credit union headquartered in Olean, NY, with 22,641 members and 5 branches in 2 states. Best rates: CDs 3.00% and savings 0.25% APY.
High Point Federal Credit Union Carrot Score
81
Carrot Score
Higher than 55% of U.S. banks and credit unions
#2 of 8 in Olean, NY metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About High Point Federal Credit Union
Founded in 1972 as a not-for-profit financial cooperative, High Point Federal Credit Union serves individuals and organizations across Cattaraugus and Allegany Counties in New York, and McKean and Potter Counties in Pennsylvania.
Originally Olean Dresser Clark FCU, it became Olean Area FCU in 2002 and High Point FCU in 2023, later merging with Enchanted Mountains FCU and Cattaraugus County Employees FCU.
- Headquarters
- 234 Homer St, Olean, NY 14760
- NCUA charter
- 21083
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Individuals who live, work, worship, or attend school in Cattaraugus and Allegany Counties, NY, or McKean and Potter Counties, PA are eligible for membership.
Family and household
- Immediate family members (spouse, child, sibling, parent, grandparent, grandchild, stepparents, stepchildren, stepsiblings, and adoptive relationships) and household members (living in the same residence maintaining a single economic unit) of an existing credit union member are eligible for membership.
Other ways
- Businesses and organizations in Cattaraugus and Allegany Counties, NY, and McKean and Potter Counties, PA are eligible for membership.
Cost to join
- A refundable $5 share deposit held in the primary share savings account is required as ownership interest.
Branches
5 branches in 2 states
Loading map…
New York
4 branches
- High Point FCU180 W Main St, Allegany, NY 14706Directions
- High Point FCU100 Fair Oak St, Little Valley, NY 14755Directions
- High Point FCU1201 Wayne St, Olean, NY 14760Directions
- High Point FCU160 S Main St, Portville, NY 14770Directions
Pennsylvania
1 branch
- High Point FCU1035 E Main St, Bradford, PA 16701Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 14.30% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.67% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 1.41% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $63 | $76 | — |
- CapitalNet worth ratio14.30%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.67%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets1.41%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$63Peers’ middle $76
Compared with the 1,338 credit unions with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of High Point Federal Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.