Italo-american Federal Credit Union

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A short history of Italo-american FCU

Since its inception in 1935 the Italo-american Federal Credit Union has been serving its members in the GLENDALE, 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 Maria Heidenreich, the Italo-american FCU has grown its membership to over 559 with assets of more than $20,131,414. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (718) 366-6422 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 GLENDALE, NY.

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

Charter Number 110
Address 6650 MYRTLE AVE 
State New York 
Zip-Code 11385
Phone Number (718) 366-6422
Fax Number (718) 821-3932
Email Address:
CEO/President Maria Heidenreich
Members 559 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 20,131,414 

Compare Italo-american Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Brooklyn Cooperative CU Bed-Stuy branch 834 Dekalb Ave 11221 (718) 418-8232 No 1.84
Transit CU TRANSIT FEDERAL CREDIT UNION 20 N CENTRAL AVE FL 3 11580 (718) 425-1312 No 2.08
Northeastern Operating Engineers CU MAIN OFFICE 1616 Whitestone Expy 11357 (718) 847-8484 No 2.42
Good Counsel CU Good Counsel FCU 915 Putnam Ave 11221 (917) 652-4600 No 2.47
Berea CU Berea FCU 1641 Bergen St 11213 (718) 778-5617 No 2.98

Italo-american Federal Credit Union Financial Performance Charts

Performance Charts

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Financial Data

Italo-american 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 N/A N/A N/A 3.95 6.50
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 N/A N/A 133 391
Rank Among All New York Credit Unions N/A N/A N/A 45 111

Italo-american Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 1.00 N/A 2.00 2.30
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 36 N/A 38 28
Rank Among All New York Credit Unions N/A 7 N/A 5 4
Italo-american Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 11.00022,990
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 0.00000
Used Vehicle Loans 0.00000
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.9505213,380,071
Total Other Real Estate Loans/Lines of Credit 6.5003128,436
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.00014114,806
TOTAL LOANS & LEASES 7113,626,303

Italo-american Federal 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 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 5213,380,0711185,000


Closed-End Fixed Rate 0000
Closed-End Adjustable Rate 3128,43600
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 5513,508,5071185,000


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

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