Credit union · NCUA insured
Northern Credit Union
A $682.1M credit union headquartered in Watertown, NY, with 45,187 members and 10 branches in New York. Best rates: savings 0.20% APY.
Northern Credit Union Carrot Score
85
Carrot Score
Higher than 69% of U.S. banks and credit unions
#3 of 9 in Watertown, NY metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Northern Credit Union
Founded in 1955 by New York Air Brake employees as a member-owned cooperative, Northern Credit Union was originally known as New York Air Brake Federal Credit Union.
Headquartered in Watertown, New York, the institution became NYAB/Tri-County Teachers FCU in 1982, Northern Federal Credit Union in 1996, and merged with Countryside Credit Union in 2022.
In April 2026, it converted to a Federal Multiple Common Bond charter, serving community members across Northern New York and members of the American Consumer Council.
- Headquarters
- 138 Factory St, Watertown, NY 13601-1958
- NCUA charter
- 68696
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Open to anyone
- Membership is available to members of the American Consumer Council (ACC), with complimentary ACC membership offered so anyone living outside the local communities can qualify.
Where you live or work
- Individuals who live, work, worship, attend school, or regularly do business in Northern New York or communities currently served are eligible for membership.
Family and household
- Immediate family members of current or eligible Northern members (spouse, child, sibling, parent, grandparent, grandchild, stepparent, stepchild, stepsibling, or adoptive relationship) are eligible for membership.
Cost to join
- A minimum deposit of $5 into a savings account is required to maintain membership.
Branches
10 branches in New York
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New York
10 branches
Watertown area · 5
- Adams Branch2 Elmwood Ave, Adams, NY 13605Directions
- West Carthage Branch88 Bridge St, Carthage, NY 13619Directions
- LeRay Branch26424 Johnson Road, Evans Mills, NY 13637Directions
- Commerce Park Branch1180 Commerce Park Dr E, Watertown, NY 13601Directions
- Factory Branch120 Factory St, Watertown, NY 13601Directions
Massena area · 2
- Gouverneur Branch145 E Main St, Gouverneur, NY 13642Directions
- Massena Relationship Center88 Parker Ave, Massena, NY 13662Directions
Croghan area · 1
- Croghan Branch9804 State Route 812, Croghan, NY 13327Directions
Syracuse area · 1
- Countryside Credit Union - Division of Northern Credit Union5720 Commons Park, East Syracuse, NY 13057Directions
Lowville area · 1
- Lowville Branch5801 Number Four Rd, Lowville, NY 13367Directions
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
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 10.53% | 11.29% | 13.35% or more |
| Troubled loans60+ days late | 0.67% | 0.61% | 0.33% or less |
| ProfitabilityReturn on assets | 0.03% | 0.68% | 1.10% or more |
| LendingLoans per $100 deposited | $91 | $75 | — |
- CapitalNet worth ratio10.53%Peers’ middle 11.29% · Top 25% 13.35%+
- Troubled loans60+ days late0.67%Peers’ middle 0.61% · Top 25% ≤0.33%
- ProfitabilityReturn on assets0.03%Peers’ middle 0.68% · Top 25% 1.10%+
- LendingLoans per $100 deposited$91Peers’ middle $75
Compared with the 1,354 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 Northern Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.