Port Washington Federal Credit Union

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.31%

Our Rating

4.0 / 5

Vio Bank

Cornerstone Money Market

See Offer

Sponsored Note: Interest is compounded daily, growing your money fast

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.pwfcu.org

516-883-3537

157 Main St
Port Washington, NY 11050

Port Washington Federal Credit Union is headquartered in port washington and is the 98^th largest credit union in the state of New York. It is also the 1,948^th largest credit union in the nation. It was established in 1968 and as of March of 2025, it had grown to 4 employees and 3,110 members at 1 location. Port Washington Federal Credit Union's savings rates are 94% higher than the national average, and it has a B health rating.

Field of Membership Restrictions

Membership is open to those who live, worship, or work in Port Washington, Sands Point, Roslyn, Kings Point, Manhasset, and Great Neck and the employees of the Town of North Hempstead.
See current membership details

Reviews

Write a Review

No reviews have been left for this bank yet. Be the first to review.

Health

Data as of Q1 2025

Learn why bank health matters

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. Port Washington Federal Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #	18635
Year Chartered	1968
Employees	4
Primary Regulator

Profit Margin
Return on Assets - YTD	1.84%
Return on Equity - YTD	11.23%
Annual Interest Income	$1.1MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$87.7MM$72MM
Loans	Q1 2025vs Q1 2024	$76MM$55.3MM
Deposits	Q1 2025vs Q1 2024	$73.5MM$59.1MM
Equity Capital	Q1 2025vs Q1 2024	$14.1MM$12.8MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$202K$184K
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$3.3MM$1.2MM
Real Estate Owned	Q1 2025vs Q1 2024	$0$0

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.31%

Our Rating

4.0 / 5

Vio Bank

Cornerstone Money Market

See Offer

Sponsored Note: Interest is compounded daily, growing your money fast

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

Skip to rates for:

Savings
IRA

Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Port Washington 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.

Port Washington Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
1.01%^*	$50^*	$250k	Savings Account
OTHER TIERS: 0.25% → $250k+
1.01%	$0	-	Holiday Club Account
1.01%	$0	-	Vacation Club Account

Port Washington Federal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
1.01%	$0	-	IRA Share Account

Locations

Port Washington Federal Credit Union Locations
Branch Office	157 main st	port washington, NY 11050

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.