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First New York Federal Credit Union


Overview / Commentary
www.firstnewyork.org
800-734-7375
2 Wall St
Albany, NY 12205

First New York Federal Credit Union is headquartered in Albany and is the 36th largest credit union in the state of New York. It is also the 773rd largest credit union in the nation. It was established in 1937 and as of March of 2020, it had grown to 121 employees and 32,915 members at 11 locations. First New York Federal Credit Union has an A health rating.

Field of Membership Restrictions

Membership is open to those who live, work, worship or attend school in Albany, Schenectady, Saratoga, Rensselaer or Schoharie county. Membership is also open to immediate family of existing members and those eligible.
See current membership details

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Health
A

Data as of Q1 2020

Learn why bank health matters

Health Grade Components

Overall
NCUA #2440
Year Chartered1937
Employees121
Primary Regulator
Profit Margin
Return on Assets - YTD0.39%
Return on Equity - YTD3.8%
Annual Interest Income$3.4MM
Assets and Liabilities
AssetsQ1 2020vs Q1 2019$345.1MM$338.5MM
LoansQ1 2020vs Q1 2019$230.4MM$221.2MM
DepositsQ1 2020vs Q1 2019$307.1MM$301.7MM
Equity CapitalQ1 2020vs Q1 2019$35.2MM$33.0MM
Loan Loss AllowanceQ1 2020vs Q1 2019$2.2MM$1.7MM
Unbacked Noncurrent LoansQ1 2020vs Q1 2019$1.3MM$994.00K
Real Estate OwnedQ1 2020vs Q1 2019$0$0
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

First New York Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%$5-Share Savings
0.10%--Secondary Share Savings

First New York Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.30%*$150k*-Premium Money Market Savings
OTHER TIERS: 0.25% → $75k - $150k
0.20%*$50k*-Money Market Savings
OTHER TIERS: 0.10% → $2.5k - $25k | 0.15% → $25k - $50k

First New York Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$1k-Choice Checking Account

First New York Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%$500-60 Month Share Certificate
0.90%$500-48 Month Share Certificate
0.70%$500-36 Month Share Certificate
0.50%$500-30 Month Share Certificate
0.45%$500-24 Month Share Certificate
0.25%$500-18 Month Share Certificate
0.15%$500-12 Month Share Certificate
0.15%$25-12 Month Lucky Savers Share Certificate
0.12%$500-6 Month Share Certificate
0.10%$500-3 Month Share Certificate

First New York Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%$250-60 Month IRA Share Certificate
0.90%$250-48 Month IRA Share Certificate
0.70%$250-36 Month IRA Share Certificate
0.50%$250-30 Month IRA Share Certificate
0.45%$250-24 Month IRA Share Certificate
0.25%$250-18 Month IRA Share Certificate
0.15%$250-12 Month IRA Share Certificate
0.12%$250-6 Month IRA Share Certificate
Locations

Availability



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