First New York Federal Credit Union

Overview / Commentary
2 Wall St
Albany, NY 12205-3828

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 759th largest credit union in the nation. It was established in 1937 and as of March of 2019, it had grown to 113 employees and 32,628 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 Grade Components

NCUA #2440
Year Chartered1937
Primary Regulator
Profit Margin
Return on Assets - YTD0.84%
Return on Equity - YTD8.5%
Annual Interest Income$3.2MM
Assets and Liabilities
AssetsQ1 2019vs Q1 2018$338.5MM$326.7MM
LoansQ1 2019vs Q1 2018$221.2MM$200.8MM
DepositsQ1 2019vs Q1 2018$301.7MM$292.2MM
Equity CapitalQ1 2019vs Q1 2018$33.0MM$30.2MM
Loan Loss AllowanceQ1 2019vs Q1 2018$1.7MM$1.4MM
Unbacked Noncurrent LoansQ1 2019vs Q1 2018$994.00K$816.00K
Real Estate OwnedQ1 2019vs Q1 2018$0$0
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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

0.10%$5-Share Savings
0.10%--Secondary Share Savings

First New York Federal Credit Union Money Market Rates

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

0.05%$1k-Choice Checking Account

First New York Federal Credit Union CD Rates

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

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

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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