Consumers Federal Credit Union

Overview / Commentary
425 Neptune Avenue
Brooklyn, NY 11224

Consumers Federal Credit Union is headquartered in Brooklyn and is the 99th largest credit union in the state of New York. It is also the 2,054th largest credit union in the nation. It was established in 1965 and as of December of 2019, it had grown to 11 employees and 2,433 members at 2 locations. Consumers Federal Credit Union's savings rates are 63% higher than the national average, and it has a B health rating.

Field of Membership Restrictions

Membership is open to employees and members of select area companies or organizations.
See current membership details

Related Posts

View all posts from:


No reviews have been left for this bank yet. Be the first to review.

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Consumers Federal Credit Union has a relatively low asset base.

Health Grade Components

NCUA #16951
Year Chartered1965
Primary Regulator
Profit Margin
Return on Assets - YTD0.26%
Return on Equity - YTD1.85%
Annual Interest Income$2.8MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$65.5MM$61.4MM
LoansQ4 2019vs Q4 2018$58.0MM$51.1MM
DepositsQ4 2019vs Q4 2018$54.5MM$52.2MM
Equity CapitalQ4 2019vs Q4 2018$9.0MM$8.8MM
Loan Loss AllowanceQ4 2019vs Q4 2018$221.00K$126.00K
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$1.7MM$1.8MM
Real Estate OwnedQ4 2019vs Q4 2018$0$27.00K
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Consumers Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Consumers Federal Credit Union Savings Account Rates

0.85%*$25k*-Saving Share Accounts
OTHER TIERS: 0.25% $50 - $25k
0.85%$50-IRA Savings Accounts
0.10%$50-Club Accounts

Consumers Federal Credit Union Checking Account Rates

0.15%--Checking Accounts

Consumers Federal Credit Union CD Rates

1.31%$500-5 Year CD
1.31%$500-5 Year CD Special
1.26%$500-4 Year CD
1.21%$500-3 Year CD
1.11%$500-2 Year CD
1.00%$500-1 Year CD

Consumers Federal Credit Union IRA Rates

1.31%$500-5 Year IRA
1.26%$500-4 Year IRA
1.21%$500-3 Year IRA
1.11%$500-2 Year IRA
1.00%$500-1 Year IRA

Consumers Federal Credit Union Locations
Branch Office425 Neptune AveBrooklyn, NY 11224-4559
Branch Office16110 Jewel AveFresh Meadows, NY 11365

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.