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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 77th largest credit union in the nation. It was established in 1938 and as of December of 2016, it had grown to 310 employees and 171,186 members at 12 locations. NEFCU's money market rates are 14% 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, attend school, regularly conduct business, or worship in Nassau and 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's (NY) 5-Year Certificate's APY Hits Five Year High - 3/27/2017

NEFCU (Long Island, NY) has raised the rate on its 5-Year Certificate (2.35% APY). The minimum deposit is $1k, with no stated balance cap. Also available as an IRA.

Easy $5 For Those In Nassau Or Suffolk County, New York - 1/25/2017

NEFCU has an interesting ad campaign for its Go Green Checking Account. Take the challenge (which just requires entering your name, email address and phone number) and NEFCU will send you a $5 Amazon gift card to your email address. Only residents who live, work, or attend school in Nassau or Suffolk County are eligible. Details and the submission form are located at this NEFCU page https://www.mynefcu.org/go-green-checking-challenge The GO Green Checking Account is a reward checking type of account in which you can earn up to 3% on balances up to $25k (2% is more reasonable since it doesn’t require a loan balance.) https://www.mynefcu.org/personal-banking/go-green-checking

Winter CD Special At NEFCU In New York - 1/11/2017

2.25% APY 5-year certificate  1.15% APY 18-month certificate  $1,000 minimum to open  Consumer and Business 

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Reviews (3)

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 Grade Components

NCUA #2760
Year Chartered1938
Primary Regulator
Profit Margin
Return on Assets - YTD0.88%
Return on Equity - YTD9.12%
Annual Interest Income$80.7MM
Assets and Liabilities
AssetsQ4 2016vs Q4 2015$2.59B$2.38B
LoansQ4 2016vs Q4 2015$2.05B$1.85B
DepositsQ4 2016vs Q4 2015$2.31B$2.12B
Equity CapitalQ4 2016vs Q4 2015$246.4MM$227.0MM
Loan Loss AllowanceQ4 2016vs Q4 2015$11.9MM$11.5MM
Unbacked Noncurrent LoansQ4 2016vs Q4 2015$15.4MM$15.9MM
Real Estate OwnedQ4 2016vs Q4 2015$730.00K$115.00K
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

NEFCU Savings Account Rates

1.00%$20-Dollar Dog Kids Club
1.00%$20-elements teen share account
0.49%$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

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

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%$1k-Business Plus Interest Checking
0.25%--Business Plus Non-Profit Checking


2.35%$1k-5 Year Certificate
2.35%$1k-5 Year Business Certificate
1.80%$1k-4 Year Certificate
1.80%$1k-4 Year Business Certificate
1.65%$1k-3 Year Certificate
1.65%$1k-3 Year Business Certificate
1.50%$1k-2 Year Certificate
1.50%$1k-2 Year Business Certificate
1.50%$1k-30 Month Bump Certificate
1.30%$1k-18 Month Business Certificate
1.30%$1k-18 Month Certificate
1.20%$1k-20 Month Bump Certificate
1.20%$1k-20 Month Bump Business Certificate
1.05%$1k-13 Month Certificate
1.05%$1k-13 Month Business Certificate
1.00%$1k-1 Year Certificate
1.00%$1k-1 Year Business Certificate
0.50%$1k-6 Month Certificate
0.50%$1k-6 Month Business Certificate
0.30%$1k-3 Month Certificate
0.30%$1k-3 Month Business Certificate


2.35%$500-5 Year IRA
1.80%$500-4 Year IRA
1.65%$500-3 Year IRA
1.50%$500-2 Year IRA
1.50%$500-30 Month IRA Bump Certificate
1.30%$500-18 Month IRA
1.20%$500-20 Month Bump IRA Certificate
1.05%$500-13 Month IRA Certificate
1.00%$500-1 Year IRA
0.50%$500-6 Month IRA
0.30%$500-3 Month IRA

NEFCU has 12 locations. Click to view all NEFCU locations.