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 764th largest credit union in the nation. It was established in 1937 and as of December of 2018, it had grown to 110 employees and 32,399 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
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 2440 |
| Year Chartered | 1937 |
| Employees | 110 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.72% |
| Return on Equity - YTD | 7.28% |
| Annual Interest Income | $12.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $326.3MM$315.2MM |
| Loans | Q4 2018vs Q4 2017 | $221.2MM$198.6MM |
| Deposits | Q4 2018vs Q4 2017 | $290.4MM$281.1MM |
| Equity Capital | Q4 2018vs Q4 2017 | $32.1MM$29.9MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $1.7MM$1.3MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $861.00K$978.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $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.
First New York Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.10% | $5 | - | Share Savings | |
| 0.10% | - | - | Secondary Share Savings |
First New York Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW 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
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.05% | $1k | - | Choice Checking Account |
First New York Federal Credit Union CD Rates
First New York Federal Credit Union IRA Rates
| Albany Branches | ||
|---|---|---|
| Branch Office | 818 Central Ave | Albany, NY 12206-1543 |
| Branch Office | 2 Wall St | Albany, NY 12205-3845 |
| Branch Office | 700 Washington Ave | Albany, NY 12203 |
| Cobleskill Branches | ||
|---|---|---|
| Branch Office | 795 E Main St Ste 1 | Cobleskill, NY 12043-1263 |
| Delanson Branches | ||
|---|---|---|
| Branch Office | 163 School Rd | Delanson, NY 12053 |
| Saratoga Springs Branches | ||
|---|---|---|
| Branch Office | 424 Maple Ave | Saratoga Springs, NY 12866-5506 |
| Schenectady Branches | ||
|---|---|---|
| Branch Office | 1879 Altamont Ave | Schenectady, NY 12303 |
| Branch Office | 1776 Union St | Schenectady, NY 12309 |
| Scotia Branches | ||
|---|---|---|
| Branch Office | 19 Glenridge Rd | Scotia, NY 12302 |
| Branch Office | 1 Tartan Way | Scotia, NY 12302 |