1. Banks
  2. First New York Federal Credit Union

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 35th largest credit union in the state of New York. It is also the 757th largest credit union in the nation. It was established in 1937 and as of December of 2020, it had grown to 129 employees and 32,713 members at 12 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

Reviews

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



Health
A

Data as of Q4 2020

Learn why bank health matters

Health Grade Components

Overall
NCUA #2440
Year Chartered1937
Employees129
Primary Regulator
Profit Margin
Return on Assets - YTD0.14%
Return on Equity - YTD1.48%
Annual Interest Income$12.7MM
Assets and Liabilities
AssetsQ4 2020vs Q4 2019$399.1MM$334.6MM
LoansQ4 2020vs Q4 2019$227.4MM$234.0MM
DepositsQ4 2020vs Q4 2019$359.2MM$296.5MM
Equity CapitalQ4 2020vs Q4 2019$35.6MM$34.6MM
Loan Loss AllowanceQ4 2020vs Q4 2019$2.3MM$2.2MM
Unbacked Noncurrent LoansQ4 2020vs Q4 2019$1.4MM$1.2MM
Real Estate OwnedQ4 2020vs Q4 2019$0$0
Rates
Skip to rates for:
Report an Issue

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
0.25%*$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

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
0.70%$500-60 Month Share Certificate
0.60%$500-48 Month Share Certificate
0.50%$500-36 Month Share Certificate
0.40%$500-30 Month Share Certificate
0.35%$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
0.70%$250-60 Month IRA Share Certificate
0.60%$250-48 Month IRA Share Certificate
0.50%$250-36 Month IRA Share Certificate
0.40%$250-30 Month IRA Share Certificate
0.35%$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



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.