Overview / Commentary
Division 726 Federal Credit Union is headquartered in STATEN ISLAND and is the 226th largest credit union in the state of New York. It is also the 3,926th largest credit union in the nation. It was established in 1970 and as of March of 2020, it had grown to 1 employees and 2,371 members at 1 location. Division 726 Federal Credit Union's money market rates are 2X the national average, and it has a B health rating.
Reviews (1)
Membership Restrictions
Posted by: jg101439 | Apr 13, 2016
Must be employed by NYC Transit Authority. No easy way to join if not qualified.
Health
B
Data as of Q1 2020
Learn why bank health mattersAdditional 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. Division 726 Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 20336 |
| Year Chartered | 1970 |
| Employees | 1 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.34% |
| Return on Equity - YTD | 2.22% |
| Annual Interest Income | $142.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2020vs Q1 2019 | $10.8MM$10.6MM |
| Loans | Q1 2020vs Q1 2019 | $7.2MM$7.2MM |
| Deposits | Q1 2020vs Q1 2019 | $8.9MM$8.7MM |
| Equity Capital | Q1 2020vs Q1 2019 | $1.6MM$1.6MM |
| Loan Loss Allowance | Q1 2020vs Q1 2019 | $137.00K$133.00K |
| Unbacked Noncurrent Loans | Q1 2020vs Q1 2019 | $113.00K$130.00K |
| Real Estate Owned | Q1 2020vs Q1 2019 | $0$0 |