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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 775th largest credit union in the nation. It was established in 1937 and as of December of 2019, it had grown to 118 employees and 32,816 members at 10 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 Q4 2019

Learn why bank health matters

Health Grade Components

Overall
NCUA #2440
Year Chartered1937
Employees118
Primary Regulator
Profit Margin
Return on Assets - YTD0.62%
Return on Equity - YTD5.97%
Annual Interest Income$13.5MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$334.6MM$326.3MM
LoansQ4 2019vs Q4 2018$234.0MM$221.2MM
DepositsQ4 2019vs Q4 2018$296.5MM$290.4MM
Equity CapitalQ4 2019vs Q4 2018$34.6MM$32.1MM
Loan Loss AllowanceQ4 2019vs Q4 2018$2.2MM$1.7MM
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$1.2MM$861.00K
Real Estate OwnedQ4 2019vs Q4 2018$0$0
Rates
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Always verify rates and promotions with the bank or credit union. We are not First New York 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.

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


Cities: Albany, Cobleskill, Delanson, Saratoga Springs, Schenectady, Scotia

Albany Branches
Branch Office818 Central AveAlbany, NY 12206-1543
Branch Office2 Wall StAlbany, NY 12205-3845
Branch Office700 Washington AveAlbany, NY 12203

Cobleskill Branches
Branch Office795 E Main St Ste 1Cobleskill, NY 12043-1263

Delanson Branches
Branch Office163 School RdDelanson, NY 12053

Saratoga Springs Branches
Branch Office424 Maple AveSaratoga Springs, NY 12866-5506

Schenectady Branches
Branch Office1879 Altamont AveSchenectady, NY 12303
Branch Office1776 Union StSchenectady, NY 12309

Scotia Branches
Branch Office19 Glenridge RdScotia, NY 12302
Branch Office1 Tartan WayScotia, NY 12302

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