First New York Federal Credit Union

A short history of First New York FCU

Since its inception in 1937 the First New York Federal 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 Lucy Halstead, the First New York FCU has grown its membership to over 31,371 with assets of more than $325,049,925. They have a main office and 6 branch offices. Please see the credit unions website or contact them by phone at (518) 393-1326 or email them at member.services@firstnewyork.org 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 First New York FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Compare First New York Federal Credit Union To Other Local Credit Unions

Credit Union Name	Branch Name	Address	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
Directors Choice CU	DCCU	1 South Family Drive	12205	(518) 456-2686	No	2.05
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

First New York Federal Credit Union Financial Performance Charts

Financial Data

First New York 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	10.90	1.99	3.73	3.24	4.24
Mean Rate For All USA Based Credit Unions	10.56	3.72	5.00	4.48	4.95
Rank Among All USA Credit Unions	332	34	173	43	131
Rank Among All New York Credit Unions	56	12	54	10	38

First New York 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	0.20	0.15	1.00
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	114	324	158
Rank Among All New York Credit Unions	N/A	34	30	85	34

First New York Federal Credit Union Loans and Leases

Interest Rate

Number of Loans

Amount

Unsecured Credit Card Loans	10.900	5,117	10,495,496
All Other Unsecured Loans/Lines of Credit	6.740	3,305	7,950,728
Short-Term, Small Amount Loans (STS) (Federal CU Only)	0.000	0	0
Non-Federally Guaranteed Student Loans	0.000	0	0
New Vehicle Loans	1.990	349	5,532,528
Used Vehicle Loans	3.730	2,854	32,405,374
Total 1st Mortgage Real Estate Loans/Lines of Credit	3.240	1,011	78,671,211
Total Other Real Estate Loans/Lines of Credit	4.240	1,406	50,912,087
Leases Receivable	0.000	0	0
Total All Other Loans/Lines of Credit	2.590	360	2,629,996
TOTAL LOANS & LEASES		14,402	188,597,420

First New York 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	1	41,079	5	800,870
b. 15 Years or less	868	55,102,565	41	5,136,200
Balloon/Hybrid
a. > 15 years	0	0	0	0
b. 15 Years or less	141	23,526,588	23	3,546,070
Other Fixed Rate	0	0	0	0
Adjustable Rate 1 yr or less	1	979	0	0
Adjustable Rate > 1 yr	0	0	0	0

OTHER REAL ESTATE

Closed-End Fixed Rate	716	24,837,748	117	3,961,095
Closed-End Adjustable Rate	0	0	0	0
Open-End Adjustable Rate	690	26,074,339	47	2,020,231
Open-End Fixed Rate	0	0	0	0
TOTALS	2,417	129,583,298	233	15,464,466

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans	0	0		0
Interest Only & Payment Option Other RE/LOC Loans	19	750,749		0
REVERSE MORTGAGES
a. Federally Insured Home Equity Conversion Mortgage (HECM)	0	0	0	0
b. Proprietary Reverse Mortgage Products	0	0	0	0

First New York Federal Credit Union Member Offerings

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