Nassau Financial Federal Credit Union
Overview / Commentary
Nassau Financial Federal Credit Union is headquartered in East Meadow and is the 41st largest credit union in the state of New York. It is also the 885th largest credit union in the nation. It was established in 1936 and as of September of 2022, it had grown to 66 employees and 17,077 members at 6 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
C-
Data as of Q3 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 1404 |
| Year Chartered | 1936 |
| Employees | 66 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.31% |
| Return on Equity - YTD | 26.64% |
| Annual Interest Income | $7.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2022vs Q3 2021 | $361.7MM$394.0MM |
| Loans | Q3 2022vs Q3 2021 | $206.5MM$214.1MM |
| Deposits | Q3 2022vs Q3 2021 | $353.3MM$372.1MM |
| Equity Capital | Q3 2022vs Q3 2021 | $4.3MM$17.5MM |
| Loan Loss Allowance | Q3 2022vs Q3 2021 | $1.6MM$1.7MM |
| Unbacked Noncurrent Loans | Q3 2022vs Q3 2021 | $1.4MM$2.7MM |
| Real Estate Owned | Q3 2022vs Q3 2021 | $0$0 |