Alternatives
Alternatives is a credit union based in Ithaca, New York, established in 1978, with $162 million in total assets serving 12,263 members. By Trust Grade it ranks 257th of 267 credit unions we track in New York. Its net worth ratio of 9.8% trails most similarly sized credit unions (28th percentile), versus a New York median of 12%. It posted a loss over the most recent period (-1.19% return on assets), a point to watch. No consumer complaints against Alternatives appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Alternatives compares to New York peers
How we graded Alternatives
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (9.8% capital ratio)
- Unprofitable over the period (ROA -1.19%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Alternatives over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Alternatives insured?
Yes. Alternatives is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Alternatives: frequently asked questions
Is Alternatives a good credit union?
Alternatives earns a Bankzia Trust Grade of C (70/100, "Average"), based on a financial-strength score of 70/100 (it has no CFPB complaints on record). Well-capitalized (9.8% capital ratio); Unprofitable over the period (ROA -1.19%).
Is Alternatives NCUA-insured?
Yes. Alternatives is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Alternatives?
Alternatives holds $162 million in total assets, ranking 257th of 267 credit unions we track in New York. It serves 12,263 members.
Does Alternatives have CFPB complaints?
No CFPB complaints against Alternatives appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
