Featured Savings Rates
Featured Accounts

School Systems Federal Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
1.83%5-year CD60 Month Share Certificate
0.70%1-year CD12 Month Share Certificate
0.10%SavingsRegular Savings Account

Overview / Commentary
518-286-1611
150 Defreest Dr
Troy, NY 12180

School Systems Federal Credit Union is headquartered in Troy and is the 82nd largest credit union in the state of New York. It is also the 1,724th largest credit union in the nation. It was established in 1954 and as of June of 2017, it had grown to 12 employees and 5,623 members at 2 locations. School Systems Federal Credit Union's money market rates are 25% higher than the national average, and it has a B+ health rating.

Field of Membership Restrictions

Membership is open to employees of Averill Park School District, East Greenbush Central School District, Latham Christian Academy, Berlin School District Menands Union-Free School, Albany College of Pharmacy, Siena College, and other select organizations.
See current membership details

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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. School Systems Federal Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #9486
Year Chartered1954
Employees12
Primary Regulator
Profit Margin
Return on Assets - YTD0.29%
Return on Equity - YTD3.98%
Annual Interest Income$940.00K
Assets and Liabilities
AssetsQ2 2017vs Q2 2016$88.4MM$83.6MM
LoansQ2 2017vs Q2 2016$32.0MM$31.2MM
DepositsQ2 2017vs Q2 2016$81.8MM$77.3MM
Equity CapitalQ2 2017vs Q2 2016$6.4MM$6.1MM
Loan Loss AllowanceQ2 2017vs Q2 2016$36.00K$48.00K
Unbacked Noncurrent LoansQ2 2017vs Q2 2016$540.00K$581.00K
Real Estate OwnedQ2 2017vs Q2 2016$0$0
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

School Systems Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*$50k*-Traditional Individual Retirement Account
OTHER TIERS: 0.15% Up to $2,500 | 0.20% $2,500 - $10k | 0.30% $10k - $25k | 0.35% $25k - $50k
0.15%--Education Individual Retirement Share Account
0.10%--Regular Savings Account
0.10%--Summer Share Account
0.10%--Vacation Share Account
0.10%--Holiday Club Account

School Systems Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.55%*$150k*-Money Market Account
OTHER TIERS: 0.20% $2k - $10k | 0.30% $10k - $25k | 0.35% $25k - $50k | 0.50% $50k - $150k

School Systems Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.83%$500-60 Month Share Certificate
1.66%$500-48 Month Share Certificate
1.54%$500-36 Month Share Certificate
1.40%$500-30 Month Share Certificate
1.39%$500-15 Month Share Certificate Special
1.30%$500-24 Month Share Certificate
1.25%$500-18 Month Share Certificate
0.70%$500-12 Month Share Certificate
0.50%$500-6 Month Share Certificate
0.35%$500-3 Month Share Certificate
Locations


School Systems Federal Credit Union Locations
Branch Office325 Washington Avenue ExtAlbany, NY 12205-5581
Branch Office150 Defreest DrTroy, NY 12180