Overview / Commentary
Triboro Postal Federal Credit Union is headquartered in Flushing and is the 86th largest credit union in the state of New York. It is also the 1,864th largest credit union in the nation. It was established in 1935 and as of June of 2024, it had grown to 8 employees and 3,857 members at 1 location. Triboro Postal Federal Credit Union's CD rates are 5X the national average, and it has a B+ health rating.
Health
B+
Data as of Q2 2024
Learn why bank health mattersAdditional 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. Triboro Postal Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 119 |
| Year Chartered | 1935 |
| Employees | 8 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.8% |
| Return on Equity - YTD | -8% |
| Annual Interest Income | $1.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $95.5MM$101.3MM |
| Loans | Q2 2024vs Q2 2023 | $13.5MM$14.1MM |
| Deposits | Q2 2024vs Q2 2023 | $83.4MM$88.9MM |
| Equity Capital | Q2 2024vs Q2 2023 | $9.6MM$9.2MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $61K$83K |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $231K$178K |
| Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |