American Broadcast Employees Federal Credit Union


Overview / Commentary
212-456-1004
7 Front St
Rockville Centre, NY 11570

American Broadcast Employees Federal Credit Union is headquartered in Rockville Centre and is the 76th largest credit union in the state of New York. It is also the 1,627th largest credit union in the nation. It was established in 1967 and as of June of 2022, it had grown to 25 employees and 7,807 members at 7 locations. American Broadcast Employees Federal Credit Union has a B health rating.

Field of Membership Restrictions

Membership in American Broadcast Employees Federal Credit Union is open to anyone in New York, New Jersey, Pennsylvania, Massachusetts, Vermont, Connecticut, and Rhode Island through joining the American and New York Consumer Council. Membership is also open to employees of the Walt Disney Company, ABC and its subsidiaries, Marvel Entertainment, ESPN and over 20 entertainment industry-related companies.
See current membership details

Reviews (2)

Run Far Away - Bank Anywhere But Here

I've been a member of this credit union for two decades, and it's taken a precipitous dive in the last couple of years. Don't even think of banking here. Everyone who was good and knew what they were doing has left. Fees are outrageous - bank will post your transactions out of order to try to put you into overdraft and charge you $29 each time. Will not negotiate either, and they refer to this overdraft robbery as "The Privilege," which shows you how out of touch this CU is. Stingy with loans as well, and rates aren't competitive. No advantages to banking here. Switching immediately to 20th Century Fox CU.

Fraudulent

Posted by: |

The operations department at this credit union has no idea what they are doing. They put someone in charge with no training, no experience and no idea. I would stay away from this cu and go to a more substantial place.



Health

Health Grade Components

Overall
NCUA #18273
Year Chartered1967
Employees25
Primary Regulator
Profit Margin
Return on Assets - YTD0.02%
Return on Equity - YTD0.24%
Annual Interest Income$1.6MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$126.7MM$126.0MM
LoansQ2 2022vs Q2 2021$63.8MM$64.5MM
DepositsQ2 2022vs Q2 2021$114.3MM$113.7MM
Equity CapitalQ2 2022vs Q2 2021$10.9MM$10.8MM
Loan Loss AllowanceQ2 2022vs Q2 2021$365.00K$480.00K
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$1.3MM$162.00K
Real Estate OwnedQ2 2022vs Q2 2021$0$0
Rates

Rates for American Broadcast Employees Federal Credit Union are currently being reviewed.

Locations


American Broadcast Employees Federal Credit Union Locations
Branch Office2300 Riverside DrBurbank, CA 91521
Branch Office2312 W Olive AveBurbank, CA 91506
Branch Office4151 Prospect AveLos Angeles, CA 90027
Branch Office77 W 66th StNew York, NY 10023
Branch Office1717 DeSales St NWWashington, DC 20036
Branch Office680 Birch StBristol, CT 06010
Branch Office190 N State StChicago, IL 60601

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