First New York Federal Credit Union is headquartered in Albany and is the 33rd largest credit union in the state of New York. It is also the 754th largest credit union in the nation. It was established in 1937 and as of December of 2021, it had grown to 116 employees and 32,501 members at 9 locations. First New York Federal Credit Union has an A health rating.
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
Overall | |
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NCUA # | 2440 |
Year Chartered | 1937 |
Employees | 116 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.41% |
Return on Equity - YTD | 5.04% |
Annual Interest Income | $12.0MM |
Assets and Liabilities | ||
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Assets | Q4 2021vs Q4 2020 | $442.8MM$399.1MM |
Loans | Q4 2021vs Q4 2020 | $239.7MM$227.4MM |
Deposits | Q4 2021vs Q4 2020 | $401.9MM$359.2MM |
Equity Capital | Q4 2021vs Q4 2020 | $36.2MM$35.6MM |
Loan Loss Allowance | Q4 2021vs Q4 2020 | $2.2MM$2.3MM |
Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $1.6MM$1.4MM |
Real Estate Owned | Q4 2021vs Q4 2020 | $0$0 |
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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.10% | $1 | - | Share Savings | |
0.10% | - | - | Secondary Share Savings |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.25%* | $150k* | - | Premium Money Market Savings | ||
OTHER TIERS: 0.20% → $75k - $150k | |||||
0.15%* | $50k* | - | Money Market Savings | ||
OTHER TIERS: 0.05% → $2.5k - $25k | 0.10% → $25k - $50k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.05% | $1k | - | Choice Checking Account |
First New York Federal Credit Union Locations | ||
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Branch Office | 1879 Altamont Ave | Schenectady, NY 12303 |
Branch Office | 795 E Main St Ste 1 | Cobleskill, NY 12043-1263 |
Branch Office | 19 Glenridge Rd | Scotia, NY 12302 |
Branch Office | 818 Central Ave | Albany, NY 12206-1543 |
Branch Office | 2 Wall St | Albany, NY 12205-3845 |
Branch Office | 1776 Union St | Schenectady, NY 12309 |
Branch Office | 424 Maple Ave | Saratoga Springs, NY 12866-5506 |
Branch Office | 1533 Route 9 | Halfmoon, NY 12065 |
Branch Office | 31 Jordan Rd | Troy, NY 12180-8548 |