People's Alliance Federal Credit Union
People's Alliance Federal Credit Union is headquartered in Hauppauge and is the 44th largest credit union in the state of New York. It is also the 889th largest credit union in the nation. It was established in 1940 and as of June of 2020, it had grown to 77 employees and 37,320 members at 9 locations. People's Alliance Federal Credit Union's money market rates are 14% 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 or attend school in several areas of New York including parts of Brooklyn, New York, and in Miami and Hialeah, Florida. You can also be eligible via Select Employer groups and via family.
See current membership details
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Very Rude Customer Service Representatives
Every single time I have called and spoken to a customer service representative he or she has been extremely rude!!! They are disorganized it desperate need of training regarding how to speak to customers.
Data as of Q2 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 3633 |
| Year Chartered | 1940 |
| Employees | 77 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.13% |
| Return on Equity - YTD | 2.08% |
| Annual Interest Income | $5.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $300.2MM$265.7MM |
| Loans | Q2 2020vs Q2 2019 | $170.7MM$176.7MM |
| Deposits | Q2 2020vs Q2 2019 | $272.8MM$238.2MM |
| Equity Capital | Q2 2020vs Q2 2019 | $18.6MM$18.6MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $2.5MM$3.1MM |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $1.4MM$1.8MM |
| Real Estate Owned | Q2 2020vs Q2 2019 | $0$0 |