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About Us

Community Resource Federal Credit Union Logo

Our Mission Statement

To improve the lives of our members and the community by providing access to affordable, reliable and solution based financial services.

Our Vision Statement 

To become the financial institution of choice; providing the best service possible; going above and beyond to help our members achieve their goals.

Our Story

Community Resource FCU was spun out of the need to serve families of the Niagara Mohawk power company, now NaNiagara Mohawk National Grid logo tional Grid. Today, Community Resource Federal Credit Union serves more than 8,000 members in four counties. We are a strong financial institution with $85 million in assets and more than 20 employees, who continuously look for ways to save our members money, reach out to our communities and enhance our services.

And yes, we definitely have a penchant for delivering POWERful results.


You can join if you live, work, worship or attend school in Albany, Saratoga, Schenectady or Rensselaer Counties.

You may also join if you are an immediate family member of or live in the household of someone who is eligible for membership. Immediate family members include spouses, children, siblings, parents, grandparents, and grandchildren.

Click here to fill out our membership application form. A Financial Service Representative will contact you to complete the application.

Why Choose a Credit Union?

Credit unions are not-for-profit financial cooperatives owned by the people who save and borrow. The money members deposit with the credit union provides the resources for lending from members to other members. Because we are a not-for-profit organization, we put people before profits and can offer higher returns on savings, lower rates on loans and fewer service fees.

Every member of the credit union also has an equal say in how the credit union operates, by casting a vote to elect the volunteer Board of Directors at the Annual Membership Meeting.

People helping people—it’s the credit union rallying cry.

Advantages of a credit union:

  • Higher Interest Rates for Deposits
  • Lower Loan and Credit Card Rates
  • Lower Fees
  • Member Focused Banking
  • Better Service
  • More Flexibility
  • Fewer Complications


Benefits to Being a Member 

We’re in Business for You!
  • Member experience will always include ease of conducting business, quality service and acting in the member’s best interest.
Rates are Better 
  • Lower operating costs, and our not-for-profit policy, we keep savings rates higher and loan rates lower than other financial institutions.
Services Designed for You, Not for Profit 
  • We provide services designed to make things more helpful and convenient for you – not more profitable for us. The credit union motto is “People Over Profits”.
You Have Clout! 
  • Members elect other members to the Board of Directors to set Credit Union policies. Each member has “one voice, one vote”. Members with $25 and Members with $10,000 are treated the same.

2018 Annual Report

2016 Annual Report

2017 Annual Report

Board of Directors

Community Resource Federal Credit Union’s Board of Directors is comprised of members of the credit union who are inspired by credit union activities and the best interest of the membership. Each director serves on a volunteer basis and is elected by the membership of the credit union at the Annual Membership Meeting.


  • Tom Ellis, Chairman
  • Dan Abatto, Secretary
  • Ellin Luft
  • Eugene Reyes
  • Jack Shellard
  • Brian Keegan
  • Betsy Kindlon


Board of Director and Supervisory Volunteers Wanted 

CRFCU’s dedicated volunteers partner with the credit union by contributing their leadership, professional expertise and ideas for the entire credit union’s benefit. In exchange, volunteers receive valuable leadership experience, financial services industry and management education, networking opportunities and the satisfaction that comes from helping to ensure the continuity and development of CRFCU. Volunteers are essential for corporate governance and for CRFCU to fulfill its vision. Any member in good standing and is 18 or older can serve as a Director.  Directors must attend a monthly board meeting as well as at least one monthly committee meeting. See the Committees you can volunteer for.

To apply, .