Credit union · NCUA insured
Utica Gas & Electric Federal Credit Union
Top CarrotA $133.5M credit union headquartered in New Hartford, NY, with 3,803 members and 1 branch in New York. Best rates: CDs 4.60% and savings 0.80% APY.
Utica Gas & Electric Federal Credit Union Carrot Score
Carrot ScoreTop Carrot
Higher than 98% of U.S. banks and credit unions
#1 of 16 in Utica, NY metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Utica Gas & Electric Federal Credit Union
Utica Gas & Electric Federal Credit Union is a member-owned financial institution founded in 1941.
Headquartered in New Hartford, New York, it has served the financial needs of employees of Niagara Mohawk and National Grid.
- Headquarters
- 215 Old Campion Rd, New Hartford, NY 13413-4953
- NCUA charter
- 2252
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Membership is open to employees of National Grid and listed select employer groups (SEGs).
Family and household
- Membership is open to family members and household members of eligible employees.
Cost to join
- An account can be opened with as little as $5.00.
Branches
1 branch in New York
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New York
1 branch
- MainMain office215 Old Campion Rd, New Hartford, NY 13413Directions
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 | 16.74% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 1.72% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 1.61% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $115 | $76 | — |
- CapitalNet worth ratio16.74%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late1.72%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets1.61%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$115Peers’ 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 Utica Gas & Electric 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.