New York University Federal Credit Union


Overview / Commentary
212-995-3171
726 Broadway Ste 110
New York, NY 10003

New York University Federal Credit Union is headquartered in New York and is the 105th largest credit union in the state of New York. It is also the 2,112th largest credit union in the nation. It was established in 1982 and as of September of 2024, it had grown to 15 employees and 10,499 members at 2 locations. New York University Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership is open to employees, students, faculty, alumni, retirees and staff of New York University,
See current membership details

Reviews (1)

Lousy Customer Service From Mineola Rachel M.

Rachel Mahadeo at NYU LI is the nastiest customer service representative I have EVER encountered. The "credit union" here in Mineola calls today to tell me I authorized a payment in Feb. during their merge but they FORGOT to take it out of my acct. Now 3 months later, she so rudely explains that it was recently discovered and they will be taking the funds out of my acct. So... she expects me to say sure, she offers no proof, no returned or cashed check, but go right ahead take my money, this coming from a "bank" who's phones ring for a million times and than, the voice mail is full, whom on multiple occasions I had to find someone to email from the "bank" just to ask them to contact me. My cc is constantly being block even though I owe nothing on it...Beware this "credit union" location is a joke and I'll be closing my accts. now. Too laid back with other peoples money. Maybe Rachel could use a little customer service etiquette. I will be following up with the credit union in the city, I think Rachel should be reprimanded for disgusting attitude.



Health
B+
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. New York University Federal Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #23958
Year Chartered1982
Employees15
Primary Regulator
Profit Margin
Return on Assets - YTD1.28%
Return on Equity - YTD7.45%
Annual Interest Income$3MM
Assets and Liabilities
AssetsQ3 2024vs Q3 2023$72.5MM$72MM
LoansQ3 2024vs Q3 2023$44.3MM$40.7MM
DepositsQ3 2024vs Q3 2023$59.3MM$59.3MM
Equity CapitalQ3 2024vs Q3 2023$12.6MM$11.6MM
Loan Loss AllowanceQ3 2024vs Q3 2023$1.1MM$901K
Unbacked Noncurrent LoansQ3 2024vs Q3 2023$329K$462K
Real Estate OwnedQ3 2024vs Q3 2023$0$0
Rates

Sorry, we do not have rate data for New York University Federal Credit Union.

Locations


New York University Federal Credit Union Locations
Branch Office726 Broadway Ste 110New York, NY 10003-9616
Branch Office194 1ST STMINEOLA, NY 11501-4024

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