Palisades Federal Credit Union


Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
2.00%Reward CheckingKasasa Cash Checking
1.00%Reward SavingsKasasa Saver
2.18%5-year CD60 Month CD

Overview / Commentary
845-602-4242
300 N Middletown Rd, Ste 6
Pearl River, NY 10965

Palisades Federal Credit Union is headquartered in Pearl River and is the 54th largest credit union in the state of New York. It is also the 1,080th largest credit union in the nation. It was established in 1941 and as of June of 2018, it had grown to 31 employees and 14,351 members at 4 locations. Palisades Federal Credit Union's money market rates are 82% higher than the national average, and it has a B health rating.

Field of Membership Restrictions

Membership is open to those who live, work, worship, volunteer, or attend school in Rockland County, New York. Immediate family of current members are also eligible.
See current membership details

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Reviews (4)

Small But Highly Efficient

Posted by: Anonymous | Mar 29, 2012

Very efficient and very friendly.

Not Just A Number But A Name

I am always pleased when I do my banking with PFCU. The staff in New City are always very helpful and always very pleasant. I'm given personalized service and I actually get REMEMBERED! It's nice to see the same tellers when I go back. I like the way I am treated when I go in the branch and they have lower fees than regular banks.

Great Rates And Excellent Service

I've been with this Credit Union now for 4 years and I can't say enough about it besides the fact that you can only join if you live or work in Rockland county, NY. Their rates (especially low loan rates) are great and the service is excellent. They know me by name in the branch and I can call and easily speak to a live person locally based at the bank not in India or another country. It's the way that banking should be. Two thumbs up!  

HORRIBLE BANKING

Posted by: ashah | Apr 16, 2018

This is a horrible bank. Your debit/credit card will get denied with every transaction unless it follows a "pattern". You have to inform them even if traveling out of normal range for vacation or a night out on the town or else they will deny any transactions you make from your OWN money. It feels as if you need permission from mommy and daddy before you are allowed to use your own funds. This was several times not just once. Save yourself the trouble from opening up an account here. Also the people who call you back and their explanations are always the worse. Sometimes they will not call you back till the next morning... always keep cash on you if you are going to use this bank...in case you are continuously denied... they go through a third party for first time home buyer .... so no help there either... Honestly do not use this bank you will regret it...



Health

Health Grade Components

Overall
NCUA #4480
Year Chartered1941
Employees31
Primary Regulator
Profit Margin
Return on Assets - YTD-1.26%
Return on Equity - YTD-15.35%
Annual Interest Income$3.4MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$191.8MM$199.7MM
LoansQ2 2018vs Q2 2017$131.6MM$132.1MM
DepositsQ2 2018vs Q2 2017$151.1MM$154.5MM
Equity CapitalQ2 2018vs Q2 2017$15.9MM$18.0MM
Loan Loss AllowanceQ2 2018vs Q2 2017$2.2MM$888.00K
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$1.3MM$626.00K
Real Estate OwnedQ2 2018vs Q2 2017$138.00K$0
Rates
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Always verify rates and promotions with the bank or credit union. We are not Palisades Federal Credit Union; 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.

Palisades Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%*-$25kKasasa Saver
OTHER TIERS: 0.25% $25k+
0.14%*$25k*-IRA Savings Account
OTHER TIERS: 0.04% $25 - $25k
0.05%--Holiday Club
0.04%$5-Savings Account
0.04%$5-Special Savings
0.04%--Vacation Club

Palisades Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.80%*$250k*-Money Market
OTHER TIERS: 0.15% $2.5k - $10k | 0.35% $10k - $25k | 0.50% $25k - $50k | 0.60% $50k - $100k | 0.70% $100k - $250k

Palisades Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.00%*-$25kKasasa Cash Checking
OTHER TIERS: 0.20% $25k+

Palisades Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.18%*$150k*-60 Month CD
OTHER TIERS: 1.27% $500 - $10k | 1.42% $10k - $50k | 1.67% $50k - $100k | 1.93% $100k - $150k
2.00%*$150k*-18 Month CD
OTHER TIERS: 1.31% $500 - $10k | 1.46% $10k - $50k | 1.61% $50k - $100k | 1.76% $100k - $150k
1.87%*$150k*-48 Month CD
OTHER TIERS: 1.26% $500 - $10k | 1.41% $10k - $50k | 1.56% $50k - $100k | 1.71% $100k - $150k
1.67%*$150k*-36 Month CD
OTHER TIERS: 1.07% $500 - $10k | 1.22% $10k - $50k | 1.37% $50k - $100k | 1.52% $100k - $150k
1.42%*$150k*-24 Month CD
OTHER TIERS: 1.02% $500 - $10k | 1.12% $10k - $50k | 1.22% $50k - $100k | 1.32% $100k - $150k
1.41%*$150k*-12 Month CD
OTHER TIERS: 1.01% $500 - $10k | 1.11% $10k - $50k | 1.21% $50k - $100k | 1.31% $100k - $150k
0.70%*$150k*-6 Month CD
OTHER TIERS: 0.30% $500 - $10k | 0.40% $10k - $50k | 0.50% $50k - $100k | 0.60% $100k - $150k
0.65%$25-12 Month Lucky Saver CD
0.55%*$150k*-3 Month CD
OTHER TIERS: 0.15% $500 - $10k | 0.25% $10k - $50k | 0.35% $50k - $100k | 0.45% $100k - $150k

Palisades Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.18%*$150k*-60 Month IRA
OTHER TIERS: 1.27% $500 - $10k | 1.42% $10k - $50k | 1.67% $50k - $100k | 1.93% $100k - $150k
1.87%*$150k*-48 Month IRA
OTHER TIERS: 1.26% $500 - $10k | 1.41% $10k - $50k | 1.56% $50k - $100k | 1.71% $100k - $150k
1.67%*$150k*-36 Month IRA
OTHER TIERS: 1.07% $500 - $10k | 1.22% $10k - $50k | 1.37% $50k - $100k | 1.52% $100k - $150k
1.42%*$150k*-24 Month IRA
OTHER TIERS: 1.02% $500 - $10k | 1.12% $10k - $50k | 1.22% $50k - $100k | 1.32% $100k - $150k
1.06%*$150k*-12 Month IRA
OTHER TIERS: 0.65% $500 - $10k | 0.75% $10k - $50k | 0.85% $50k - $100k | 0.95% $100k - $150k
Locations


Palisades Federal Credit Union Locations
Branch Office16 Orangetown Shopping CtrOrangeburg, NY 10962
Branch Office300 N Middletown Rd Ste 6Pearl River, NY 10965-1295
Branch Office240 E Route 59Nanuet, NY 10954-2905
Branch Office244 S Main StNew City, NY 10956-3318

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