ESL Federal Credit Union offers a variety of financial services to its members, including checking and savings accounts, credit cards, loans, mortgages, and more. The company advertises its services at esl.org.
ESL Federal Credit Union Summary
In recent years, there has been an increase in the number of options available for taking out loans. While this offers more choices to consumers, it can also confuse the process of choosing a loan. However, by doing your research and comparing different offers from multiple lenders, you can be sure to find the right loan for your needs. ESL Federal Credit Union is one option that has been gaining popularity recently. But is this the right choice for you?
After taking a closer look at their website and terms and conditions, we found some interesting things. Here are the key points that caught our attention.
- It offers flexible terms ranging up to 120 months.
- The lowest rates range from 7.95%, 8.95%, and 9.95%, website highest rates are not stated on the site.
- Loan late fees vary.
- In order to be eligible, individuals must live in one of the following New York State counties: Genesee, Livingston, Monroe, Ontario, Orleans, Seneca, Steuben, Wayne, Wyoming, or Yates.
What is ESL Federal Credit Union?
ESL Federal Credit Union is now the largest credit union in Greater Rochester. With assets of more than $9.2 billion, they offer a variety of financial services to the public in NY. you can contact them by calling (800) 848-2265.
ESL Federal Credit Union is one of the top credit unions in Rochester NY, with an A+ rating from the Better Business Bureau. However, it is not accredited by the BBB. With an average of 4 customer reviews and 18 complaints closed in the last 3 years, the company has unfortunately earned a 1-star out of 5-star rating from its customers.
How does ESL Federal Credit Union work?
You can apply for a personal loan in a few different ways. You can either fill out an application online, visit any ESL branch, or call 585.336.1000. Just be sure that you have all of the necessary documentation with you when you apply.
How to qualify?

Individuals who live in the following New York State counties are automatically eligible for ESL Federal Credit membership: Genesee, Livingston, Monroe, Ontario, Orleans, Seneca, Steuben, Wayne, Wyoming, or Yates.
In addition, individuals who have a family member or member of their household who is already an ESL member are also eligible. Furthermore, those who live, work, worship, or attend school within the boundaries of the City of Rochester are eligible for membership. Finally, employees and retirees of certain companies as well as members of specific groups and associations are also able to become members of ESL.
ESL Federal Credit Union BBB Reviews
ESL Federal Credit Union has an A+ rating from the Better Business Bureau but is not accredited by the BBB. It has an average of 4 customer reviews and 18 complaints closed in the last 3 years and has earned a 1-star out of 5-star rating from its customers.
Here are some reviews:
Romney M 02/12/2022
Ray 10/05/2021
John T 07/06/2021
ESL Federal Credit Union FAQs
How much does ESL Federal Credit Union charge?
ESL Federal Credit Union does not publicize its highest rates, only the lowest rates. However, we do know that personal loans have late fees of 10% of the overdue payment of interest and principal, which are charged 15 calendar days after the scheduled due date.
Are there any pre-payment penalties?
ESL Federal Credit Union will not charge you any extra fees for making early payments. You can pay off your loan at any time without penalty.
How does ESL Federal Credit Union affect your credit?
There are both positives and negatives to taking out a loan in order to finance a large purchase or consolidate debt. It is crucial to understand the process and how your credit score may be impacted before making any decisions. Most lenders will do a soft credit check during the initial stages, which will not lower your credit score. However, once you have decided to move forward with the loan application, the lender will need to do a hard credit inquiry in order to get a full view of your credit history and offer you final rates. These hard inquiries can negatively impact your credit score.
How to cancel ESL Federal Credit Union?
When taking out a loan, it is essential to be aware of a few things. Once the money has been deposited into your account, the transaction cannot be reversed, so it is crucial to double-check all details in advance. This will help avoid any problems down the road.

It can be tough to manage your finances, but there are some steps you can take to get back on track.
There are a few things to keep in mind when trying to stay on top of your finances.
- First, create a budget that works for you and stick to it as best as possible. This will help keep your spending in check and improve your financial prospects for the future.
- Another great tip is to consult with a financial advisor. They can help explain your different options and set up a plan that fits your unique circumstances.
- And lastly, try not to stress too much about debt. Many companies understand and are willing to work with customers in order to create a more manageable payment plan. All you need to do is reach out to their customer service team for more information.
Is ESL Federal Credit Union legit or a scam?
ESL Federal Credit Union is a financial institution serving its members in Rochester, New York for over 100 years. The company offers a variety of services, including banking, lending, and investing products. It has an A+ rating from the Better Business Bureau (BBB) and is accredited by them. However, the company’s customer reviews are mostly negative, with a 1-star rating out of 5 stars on average.
Taking out a loan is no small decision, and it’s essential to shop around for the best terms. Interest rates and repayment plans should be carefully weighed before signing on the dotted line. To find the perfect lender, many people look to customer reviews as a guide. Doing this can help you secure an offer that meets all your financial needs.
Do you know esl.org? Leave your experience and review below!
Thank you for reading!