Directors Choice Credit Union

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A short history of Directors Choice CU

Since its inception in 1999 the Directors Choice Credit Union has been serving its members in the ALBANY, 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 Michael Lanotte, the Directors Choice CU has grown its membership to over 810 with assets of more than $8,491,989. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (518) 456-2686 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in ALBANY, NY.

General Information For Directors Choice CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 68420
State New York 
Zip-Code 12205
Phone Number (518) 456-2686
Fax Number (518) 452-9065
Email Address:
CEO/President Michael Lanotte
Members 810 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 8,491,989 

Compare Directors Choice Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Capital Communications CU Niskayuna Branch 582 Balltown Rd 12205 (518) 458-2195 No 0.62
Newspaper Employees CU Newspaper Employees Credit Union 645 Albany Shaker Rd 12211 (518) 454-5363 No 1.39
First New York CU Cobleskill Location 795 E Main St Ste 1 12043 (518) 234-2583 No 2.17
State Employees CU Latham 935 New Loudon Rd 12110 (518) 452-8234 No 2.33
Albany City Lodge K Of P 540 CU Albany City Lodge 10 N RUSSELL RD STE 3 12206 (518) 438-2224 No 2.69

Directors Choice Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Directors Choice 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 N/A 2.65 3.75 3.50 N/A
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions N/A 103 175 72 N/A
Rank Among All New York Credit Unions N/A 44 56 19 N/A

Directors Choice Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.05 0.20 1.20 1.20
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 143 114 134 133
Rank Among All New York Credit Unions N/A 38 30 24 25
Directors Choice Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 9.95038321,588
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.65020365,177
Used Vehicle Loans 3.75025385,862
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.5001147,984
Total Other Real Estate Loans/Lines of Credit 0.00000
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 3.8301785,189,512
TOTAL LOANS & LEASES 2626,410,123

Directors Choice Credit Union Real Estate Loans and Lines of Credit


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 0000
    b. 15 Years or less 0000
    a. > 15 years 0000
    b. 15 Years or less 1147,98400
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 0000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 1147,98400


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

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