Bay Ridge Federal Credit Union

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A short history of Bay Ridge FCU

Since its inception in 1934 the Bay Ridge Federal Credit Union has been serving its members in the BROOKLYN, New York area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Anthony Grigos, the Bay Ridge FCU has grown its membership to over 8,139 with assets of more than $200,008,056. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (718) 680-2121 or email them at mgarth@brfcu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in BROOKLYN, NY.

General Information For Bay Ridge FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 78
Address 1750 86TH ST 
City BROOKLYN 
State New York 
Zip-Code 11214
Phone Number (718) 680-2121
Fax Number (718) 680-9888
Email Address: mgarth@brfcu.org
CEO/President Anthony Grigos
Members 8,139 
Full-Time Employees 35 
Part-Time Employees
Number of Branch Offices
Total Assets 200,008,056 
Website http://www.brfcu.org 

Compare Bay Ridge Federal Credit Union To Other Local Credit Unions


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Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Consumers CU MAIN OFFICE 425 Neptune Ave 11224 (718) 266-2204 No 2.05
Esquire-goodfellowship CU CU Office 2428 Ralph Ave 11234 (718) 258-3942 No 2.69
Grand Central Terminal Employees CU Grand Central Terminal Employees FCU 15 Vanderbilt Ave Ste D41 10017 (212) 697-5367 No 4.21
Nym CU NYM FCU 501 6th St Ste 2F 11215 (718) 780-3618 No 5.01
Beulah CU Beulah Federal Credit Union 1250 Saint Johns Pl 11213 (718) 756-2310 No 6.05

Bay Ridge Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Bay Ridge Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 13.70 10.29 9.30 4.47 4.36
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 484 631 709 202 148
Rank Among All New York Credit Unions 78 150 169 69 44

Bay Ridge Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.10 0.48 1.50 1.51
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 129 64 91 93
Rank Among All New York Credit Unions N/A 34 14 11 16
Bay Ridge Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 13.700361280,413
All Other Unsecured Loans/Lines of Credit 12.3502,79520,939,052
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 10.29012189,377
Used Vehicle Loans 9.300691,251,782
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.47019567,695,272
Total Other Real Estate Loans/Lines of Credit 4.360444,460,026
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 3.81031981,488,322
TOTAL LOANS & LEASES 3,795176,304,244

Bay Ridge Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 4713,316,42200
    b. 15 Years or less 172,576,69741,095,899
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 13151,802,15351,575,714

OTHER REAL ESTATE

Closed-End Fixed Rate 0000
Closed-End Adjustable Rate 6383,26900
Open-End Adjustable Rate 384,076,757143,001
Open-End Fixed Rate 0000
TOTALS 23972,155,298102,714,614

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 294,080,7590
Interest Only & Payment Option Other RE/LOC Loans 384,076,75743,001
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Bay Ridge Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay No
Overdraft Lines of Credit No
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans Yes
Check Cashing No
Money Orders No
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes