Sing Sing Employees Federal Credit Union

Overview / Commentary
2 Church Street, Suite 204
Ossining, NY 10562

Sing Sing Employees Federal Credit Union is headquartered in Briarcliff Manor and is the 223rd largest credit union in the state of New York. It is also the 3,740th largest credit union in the nation. It was established in 1941 and as of March of 2024, it had grown to 4 employees and 1,340 members at 1 location. Sing Sing Employees Federal Credit Union's CD rates are 3X the national average, and it has a B health rating.

Reviews (1)


Posted by: |

Sounds like a closed organization.

Q) What is the field of membership ?
A) Prisons

Sounds like an in person visit may be required.

( this is NOT a joke. Actual answer I got when I called )

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. Sing Sing Employees Federal Credit Union has a low asset base.

Health Grade Components

NCUA #4441
Year Chartered1941
Primary Regulator
Profit Margin
Return on Assets - YTD-0.01%
Return on Equity - YTD-0.06%
Annual Interest Income$144K
Assets and Liabilities
AssetsQ1 2024vs Q1 2023$10.1MM$11.3MM
LoansQ1 2024vs Q1 2023$4MM$3.9MM
DepositsQ1 2024vs Q1 2023$8.5MM$9.5MM
Equity CapitalQ1 2024vs Q1 2023$1.6MM$1.8MM
Loan Loss AllowanceQ1 2024vs Q1 2023$189K$62K
Unbacked Noncurrent LoansQ1 2024vs Q1 2023$38K$88K
Real Estate OwnedQ1 2024vs Q1 2023$0$0
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Sing Sing Employees Federal Credit Union Savings Account Rates

1.00%$50-Regular Share/Savings Account
1.00%$0-Christmas Club Account
1.00%$0-Vacation Club
1.00%$0-IRA Account

Sing Sing Employees Federal Credit Union CD Rates

2.75%$1k-1 Year Share Certificate
1.25%$1k-6 Month Share Certificate

Sing Sing Employees Federal Credit Union Locations
Corporate Office127 Woodside AveBriarcliff Manor, NY 10510

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