Self Reliance New York Federal Credit Union
Self Reliance New York Federal Credit Union is headquartered in New York and is the 18th largest credit union in the state of New York. It is also the 321st largest credit union in the nation. It was established in 1951 and as of December of 2024, it had grown to 34 employees and 14,821 members at 5 locations. Self Reliance New York Federal Credit Union's CD rates are 5X the national average, and it has an A health rating.
Field of Membership Restrictions
Membership in Self Reliance New York Federal Credit Union is open only to the members of the Selfreliance Association of American Ukrainians, New York Branch. Eligibility for membership in the association is limited to persons of Ukrainian ancestry.
See current membership details
BEST CD RATES IN THE US, BAR NONE!
NY Self Reliance FCU is an outstanding credit union with the highest interest rates on CD's in the country today. I had to prove my Ukrainian ancestry by using the online website JewGen. It generated a ancestry chart back to my great, great, grandparents....and that's right, they knew I was Jewish. So the posting from Rosedala in 2010 is BS! The only negative is that dividends are paid quarterly rather than monthly.
Data as of Q4 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 7217 |
| Year Chartered | 1951 |
| Employees | 34 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.01% |
| Return on Equity - YTD | -0.08% |
| Annual Interest Income | $52.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2024vs Q4 2023 | $1.44B$1.39B |
| Loans | Q4 2024vs Q4 2023 | $845.3MM$770.6MM |
| Deposits | Q4 2024vs Q4 2023 | $1.2B$1.15B |
| Equity Capital | Q4 2024vs Q4 2023 | $239.3MM$234.2MM |
| Loan Loss Allowance | Q4 2024vs Q4 2023 | $5.1MM$5.2MM |
| Unbacked Noncurrent Loans | Q4 2024vs Q4 2023 | $8.6MM$9.4MM |
| Real Estate Owned | Q4 2024vs Q4 2023 | $0$0 |