Credit union · NCUA insured
Olean Teachers and Postal Federal Credit Union
A $27.1M credit union headquartered in Olean, NY, with 1,707 members and 1 branch in New York.
Rates
No Carrot Score yet: it needs scores for at least two of CDs, savings, auto loans and credit cards. CDs: published rates need another account or activity, so they are not scored. Savings: published rates need another account or activity, so they are not scored. Auto loans: no rates found on its website. Credit cards: no rates found on its website.
- Savings—0.10%Savings rates →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Olean Teachers and Postal Federal Credit Union
Chartered in 1952, Olean Teachers and Postal Federal Credit Union is a member-owned financial institution headquartered in Olean, New York.
- Headquarters
- 1700 Constitution Ave, Olean, NY 14760
- NCUA charter
- 7656
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This may be incomplete or out of date, so check with the credit union before you apply.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
- Persons who live, work, worship, or attend school in, and businesses and other legal entities located in Cattaraugus County, NY are eligible to join.
Employers and groups
- Employees of this Credit Union and volunteers in the community, as well as organizations of such persons, are eligible to join.
Military, government and schools
- Employees of the United States Postal Service, United States Government, and the State of New York who work in Cattaraugus County and Allegany County, NY are eligible to join.
Family and household
- Members of the immediate family or household of eligible persons, and spouses of persons who died while within the field of membership, are eligible to join.
Cost to join
- A $1.00 membership fee is required as part of the initial $6.00 deposit to open an account.
- A refundable share deposit of $5.00 (purchasing one credit union share) is required to open an account, remaining in the account until closed.
Branches
1 branch in New York
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New York
1 branch
- Olean Teachers' & Postal Federal Credit UnionMain office1700 Constitution Ave, Olean, NY 14760Directions
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 | 11.09% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 0.64% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | 1.34% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $47 | $59 | — |
- CapitalNet worth ratio11.09%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late0.64%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets1.34%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$47Peers’ middle $59
Compared with the 2,478 credit unions with under $100 million 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 Olean Teachers and Postal 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.