Quorum Federal Credit Union

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A short history of Quorum FCU

Since its inception in 1977 the Quorum Federal Credit Union has been serving its members in the PURCHASE, 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 Bruno Sementilli, the Quorum FCU has grown its membership to over 81,951 with assets of more than $874,131,550. They have a main office and 6 branch offices. Please see the credit unions website or contact them by phone at (914) 641-3700 or email them at none to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in PURCHASE, NY.

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

Charter Number 22769
Address 2500 WESTCHESTER AVE, STE 411 
State New York 
Zip-Code 10577
Phone Number (914) 641-3700
Fax Number (914) 641-3730
Email Address: none
CEO/President Bruno Sementilli
Members 81,951 
Full-Time Employees 115 
Part-Time Employees
Number of Branch Offices
Total Assets 874,131,550 
Website http://quorumfcu.org 

Compare Quorum Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Scf Westchester N. Y. Employees CU Credit Union Office 1000 Westchester Ave 10610 (914) 694-3421 No 1.11
Port Chester Teachers CU Credit Union Office 118 S Ridge St Ste 3 10573 (914) 939-4870 No 2.95
White Plains P O Employees CU Credit Union Office 100 Fisher Ave 10602 (914) 761-6507 No 3.06
Educational And Governmental CU Main 333 N Central Ave Fl 2 10530 (914) 946-6200 No 3.96
Greenwich Municipal Employees CU Greenwich Municipal Employees FCU 439 W Putnam Ave 06830 (203) 869-5280 No 4.10

Quorum Federal Credit Union Financial Performance Charts

Performance Charts

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Financial Data

Quorum 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 8.90 N/A N/A 3.88 4.40
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 151 N/A N/A 119 155
Rank Among All New York Credit Unions 21 N/A N/A 39 47

Quorum Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.25 0.70 0.50 1.24 1.24
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 95 48 60 129 127
Rank Among All New York Credit Unions 10 12 13 23 24
Quorum Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 8.90032,22748,307,655
All Other Unsecured Loans/Lines of Credit 13.40010,92927,007,829
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 7.0001,55282,180,872
New Vehicle Loans 0.000411,957
Used Vehicle Loans 0.00027182,058
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.880961248,391,407
Total Other Real Estate Loans/Lines of Credit 4.4002,727110,532,702
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.75016,266220,019,613
TOTAL LOANS & LEASES 64,693736,634,093

Quorum 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 33490,888,2555618,198,600
    b. 15 Years or less 31670,971,0883612,118,149
    a. > 15 years 10739,834,2751660,000
    b. 15 Years or less 297,856,93562,565,600
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 73,548,12100
Adjustable Rate > 1 yr 16835,292,73300


Closed-End Fixed Rate 501,135,99800
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 2,677109,396,70453144,066,954
Open-End Fixed Rate 0000
TOTALS 3,688358,924,10963077,609,303


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 73066,885,32643,242,762
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Quorum 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 Yes
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 Yes
Home Banking Via Internet Website Yes