Featured Savings Rates
Featured Accounts

NEFCU

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
2.55%5-year CD5 Year Certificate
1.00%Reward CheckingGO Green Checking
2.55%5-year IRA5 Year IRA (Traditional, Roth)

Overview / Commentary
516-561-0030
1000 Corporate Dr
Westbury, NY 11590

NEFCU is headquartered in Westbury and is the 8th largest credit union in the state of New York. It is also the 78th largest credit union in the nation. It was established in 1938 and as of September of 2017, it had grown to 338 employees and 178,373 members at 12 locations. NEFCU's CD rates are 28% higher than the national average, and it has an A health rating.

Field of Membership Restrictions

Membership in NEFCU is open to those who live, work, or attend school in Nassau or Suffolk Counties, with the exception of the Villages of East Hampton, Southampton and the Town of Shelter Island.
See current membership details

Related Posts

NEFCU (Long Island) Adds 18-Month Penalty Free CD, 1.85% APY - 2/22/2018

NEFCU (Long Island, NY) has added an 18-Month Penalty Free CD (1.85% APY) with unlimited penalty-free withdrawals in any amounts. Min opening deposit is $1k.

Penalty-Free 1.85%APY 18 Month, Long Island, NY - 2/22/2018

18-Month Penalty Free** $1,000.00 Minimum to Open & Earn APY† N/A One-Time Bump Term 1 Year Maturity Renewal Term 1.809% Rate 1.850% APY†

NEFCU (NY) Hikes 18-Month CD Rate - 5/25/2017

NEFCU (Long Island, NY) has hiked the rate on its 18-month Certificate (1.75% APY) by 45 bps. Minimum deposit is $1k. Also available as an IRA.

View all posts from:


Reviews (4)

NEFCU is terrific

I joined NEFCU when I began my first job in the public school system on Long Island, NY over 25 years ago. Every thing I needed was available through the credit union. Easy applications for credit cards, car loans, mortgages, were right at my finger tips. If I had a question there was always a live person to speak to either by phone or chat on the site. NEFCU also provided me with a free checking account and a competitive rate for my savings account. This is a great bonus to being part of the education system.

Great Credit Union

NEFCU is a credit union that works for its members and provide a great rewards checking account, contests for members, low rate loans, and works on providing new services that provide savings and convenience to members.

Review of Nassau Educators Federal Credit Union

As a customer of over 5 years, I have not endured a painful experience. Every encounter I have had with tellers, or any staff have always been very helpful and knowledgeable. They are very lenient and understanding when it comes to accidental overdrafts. One time, one of my checks did not finish clearing, and I tried to withdraw money with my ATM card. It overdrew, and the fee was waived when I explained the situation. They really seem to care about their clients.

Online Banking

Posted by: Anonymous | Jun 9, 2012

The online banking is terrible. Someone tells you you can only do it online, then online says you have to call the bank. I have been trying to set it up, and they say it's so easy. That you can do it from home, but I have to get up and walk a town over and talk to someone in person.



Health

Health Grade Components

Overall
NCUA #2760
Year Chartered1938
Employees338
Primary Regulator
Profit Margin
Return on Assets - YTD0.89%
Return on Equity - YTD9.28%
Annual Interest Income$67.6MM
Assets and Liabilities
AssetsQ3 2017vs Q3 2016$2.79B$2.53B
LoansQ3 2017vs Q3 2016$2.21B$2.02B
DepositsQ3 2017vs Q3 2016$2.48B$2.25B
Equity CapitalQ3 2017vs Q3 2016$266.3MM$247.2MM
Loan Loss AllowanceQ3 2017vs Q3 2016$13.2MM$11.9MM
Unbacked Noncurrent LoansQ3 2017vs Q3 2016$16.1MM$15.5MM
Real Estate OwnedQ3 2017vs Q3 2016$922.00K$849.00K
  User-submitted Promotions & Notices

This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.

Penalty-Free 1.85%APY 18 Month, Long Island, NY

barry_NY   |  
18-Month Penalty Free**
$1,000.00
Minimum to Open & Earn APY†
N/A
One-Time Bump Term
1 Year
Maturity Renewal Term
1.809%
Rate
1.850%
APY†

Rates
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Always verify rates and promotions with the bank or credit union. We are not NEFCU; 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.

NEFCU Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%$20-Dollar Dog Kids Club
1.00%$20-Elements Teen Share Account
0.60%$100-Tuition Builder
0.40%$15-Savers Dividend
0.30%$20-Share Account
0.30%--Cornerstone Business Plus Savings
0.30%$20-Holiday Account
0.30%$20-Vacation Account
0.30%$20-Camp Account

NEFCU Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*$50k*-Cornerstone Money Market Account
OTHER TIERS: 0.30% $2,500 - $25k | 0.35% $25k - $50k
0.50%*$50k*-Business Plus Money Market
OTHER TIERS: 0.30% $2,500 - $25k | 0.35% $25k - $50k

NEFCU Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.00%*-$25kGO Green Checking Tier 3 - Qualifying
OTHER TIERS: 0.50% $25k+
2.00%*-$25kGO Green Checking Tier 2 - Qualifying
OTHER TIERS: 0.50% $25k+
1.00%*-$25kGO Green Checking Tier 1 - Qualifying
OTHER TIERS: 0.50% $25k+
0.25%--Business Checking with Interest

NEFCU CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.55%$1k-5 Year Certificate
2.55%$1k-5 Year Business Certificate
2.10%$1k-4 Year Certificate
2.10%$1k-4 Year Business Certificate
2.00%$1k-3 Year Certificate
2.00%$1k-3 Year Business Certificate
1.85%$1k-18 Month Penalty-Free Certificate
1.60%$1k-18 Month Business Certificate
1.50%$1k-2 Year Certificate
1.25%$1k-2 Year Business Certificate
1.15%$1k-1 Year Certificate
1.15%$1k-1 Year Business Certificate
0.75%$1k-6 Month Certificate
0.75%$1k-6 Month Business Certificate
0.30%$1k-3 Month Certificate
0.30%$1k-3 Month Business Certificate

NEFCU IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.55%$500-5 Year IRA
2.10%$500-4 Year IRA
2.00%$500-3 Year IRA
1.85%$500-18 Month Penalty-Free IRA
1.50%$500-2 Year IRA
1.15%$500-1 Year IRA
0.75%$500-6 Month IRA
0.30%$500-3 Month IRA
Locations

Availability