FIRST NEW YORK

2 WALL STREET
Albany, NY 12205

 

2019 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 2440
Date Established 1937
Assets $338.46 million
Loans $221.21 million
Deposits $301.67 million
Capital $33.24 million

First New York is an NCUA insured institution located in Albany, NY. It was founded in 1937 and has approximately $338.46 millions in assets.

Who can join?

You may join First New York if you live, work, worship or attend school in Albany, Schenectady, Saratoga, Rensselaer or Schoharie county.

OR

You may join First New York if you are an immediate family member of someone who is eligible for membership. Immediate family members include: spouses, children, siblings, parents, grandparents, grandchildren, stepchildren, stepparents, stepsiblings, and adopted children, regardless of their location or occupation. Also, any person who is a permanent member of an eligible member's household is eligible for membership.

Field of Membership Restrictions

Membership is open to those who live, work, worship or attend school in Albany, Schenectady, Saratoga, Rensselaer or Schoharie county. Membership is also open to immediate family of existing members and those eligible.

Deposit Rates - August 17, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.10% $2,500 $9,999 Learn MoreShow Less
Money Market
0.10% $10,000 $24,999 Learn MoreShow Less
Money Market
0.15% $25,000 $49,999 Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA
0.15% $250 - Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
0.10% $500 - Learn MoreShow Less
6 Mo CD
0.12% $500 - Learn MoreShow Less
12 Mo CD
0.15% $500 - Learn MoreShow Less
18 Mo CD
0.25% $500 - Learn MoreShow Less
24 Mo CD
0.45% $500 - Learn MoreShow Less
30 Mo CD
0.50% $500 - Learn MoreShow Less
36 Mo CD
0.70% $500 - Learn MoreShow Less
48 Mo CD
0.90% $500 - Learn MoreShow Less
60 Mo CD
1.00% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.10% $1 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1,000 - Learn MoreShow Less

Loan Rates - August 17, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for FIRST NEW YORK

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.414% 3.375% 0.50 $1,238 $1,106 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info

Note to FIRST NEW YORK
To upload and update your bank's rates please register. It is free to register and add rates.



Branches

Below are First New York branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


First New York Locations


Financial Details

First New York Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First New York. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
First New York U.S. Average
7.48% 6.77

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of March 31, 2019, First New York had $2,575,277 in non-current loans and $39,333 in owned assets. To cover these potential losses it had $33,236,661 in net worth and $1,733,937 in loans loss reserves. That gives it a Texas Ratio of 7.48%.

Net Worth
First New York U.S. Average
9.82% 13.47%

First New York FCU has a net worth of 9.82% versus the BestCashCow average of 13.47. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About First New York

Branches and Savings

What is First New York?

A federal credit union, registered with the NCUA under certificate #2440.
Learn more about credit unions here.

Is First New York FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join First New York?

Please see Field of Membership information above for information on who is eligible to join.

What are First New York's share account and share certificate rates?

First New York's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is First New York?

First New York has total capital of $33.24 million. Full information on First New York's financial position is located above.

Who owns First New York?

Credit Unions are owned by their members.

Where are First New York branches located?

See branch locations nearby.

Are First New York ATMs Open 24/7?

Do First New York ATMs accept cash deposits?

Can First New York customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does First New York have a mobile app?

Does First New York have mobile deposit?

Does First New York have quick pay?

How can First New York transfer money to other banks or credit unions?

Does First New York report to credit bureaus?

Does First New York use Chexsystems?

Does First New York use Equifax?

What is First New York's toll free phone number?

What is First New York's ACH Routing Number?

What is First New York's SWIFT code?

Where can I find First New York's wire transfer form?

What is the First New York address for deposits?

What Products Does First New York Offer

Does First New York offer mortgages?

Compare mortgage rates here.

Does First New York offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First New York offer auto and RV loans?

Compare auto loan rates here.

Does First New York offer student loans or personal loans?

Compare personal loan rates here.

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