Nassau Financial Federal Credit Union


Overview / Commentary
516-742-4900
2575 Hempstead Turnpike Suite 300
East Meadow, NY 11554

Nassau Financial Federal Credit Union is headquartered in East Meadow and is the 42nd largest credit union in the state of New York. It is also the 937th largest credit union in the nation. It was established in 1936 and as of March of 2024, it had grown to 68 employees and 15,801 members at 5 locations. Nassau Financial Federal Credit Union has a C health rating.

Field of Membership Restrictions

Nassau Financial Federal Credit Union is open to those who attend school, live, work, worship or volunteer in Nassau County, NY. Immediate family and household members may also join.
See current membership details

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Health

Health Grade Components

Overall
NCUA #1404
Year Chartered1936
Employees68
Primary Regulator
Profit Margin
Return on Assets - YTD0.01%
Return on Equity - YTD0.4%
Annual Interest Income$3.3MM
Assets and Liabilities
AssetsQ1 2024vs Q1 2023$343.8MM$351.9MM
LoansQ1 2024vs Q1 2023$198.4MM$200.7MM
DepositsQ1 2024vs Q1 2023$332.7MM$340.7MM
Equity CapitalQ1 2024vs Q1 2023$7.3MM$6.7MM
Loan Loss AllowanceQ1 2024vs Q1 2023$2.1MM$2.4MM
Unbacked Noncurrent LoansQ1 2024vs Q1 2023$1.8MM$1.7MM
Real Estate OwnedQ1 2024vs Q1 2023$1MM$660K
Rates

Rates for Nassau Financial Federal Credit Union are currently being reviewed.

Locations


Nassau Financial Federal Credit Union Locations
Corporate Office2575 Hempstead Tpke Suite 300East Meadow, NY 11554-2156
Branch Office2995 Long Beach RdOceanside, NY 11572-3204
Branch Office1325 Franklin AveGarden City, NY 11530-1666
Branch Office2201 Hempstead TpkeEast Meadow, NY 11554
Branch Office50 Audrey AveOyster Bay, NY 11771-1567

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