NASSAU EDUCATORS

1000 Corporate Dr
Westbury, NY 11590

 

2018 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 2760
Date Established 1938
Assets $2,974.26 million
Loans $2,366.76 million
Deposits $2,659.23 million
Capital $291.41 million

Nassau Educators is an NCUA insured institution located in Westbury, NY. It was founded in 1938 and has approximately $2974.26 millions in assets.

Who can join?

You are eligible for membership with NEFCU if you:

Live in Nassau and/or Suffolk Counties

Work in Nassau and/or Suffolk Counties

Worship in Nassau and/or Suffolk Counties

Attend school in Nassau and/or Suffolk Counties

Regularly conduct business in Nassau and/or Suffolk Counties

Family Sponsorship - An existing NEFCU member can sponsor in an immediate family member (mother/father, brother/sister, child, grandparent or grandchild) or any household member

Membership is not open to individuals who live, work, worship, attend school and do business exclusively in East Hampton, Southampton and Shelter Island.

Field of Membership Restrictions

You are eligible for membership with NEFCU if you: Live in Nassau and/or Suffolk Counties Work in Nassau and/or Suffolk Counties Worship in Nassau and/or Suffolk Counties Attend school in Nassau and/or Suffolk Counties Regularly conduct business in Nassau and/or Suffolk Counties Family Sponsorship - An existing NEFCU member can sponsor in an immediate family member (mother/father, brother/sister, child, grandparent or grandchild) or any household member Membership is not open to individuals who live, work, worship, attend school and do business exclusively in East Hampton, Southampton and Shelter Island.

Deposit Rates - September 22, 2018

Your Current Location: Virginia, VA 20146

CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD 10K
0.30% $1,000 - Learn MoreShow Less
6 Mo CD 10K
1.25% $1,000 - Learn MoreShow Less
Savings Rates (Share Account Rates) APY MIN MAX
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
2.00% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA 0K
0.40% $1 - Learn MoreShow Less
MM Rates APY MIN MAX
MM10K
0.40% $2,500 $24,999 Learn MoreShow Less
MM25K
0.45% $25,000 $49,999 Learn MoreShow Less
Checking Rates APY MIN FEE
GO Green Checking 3.00% $0 $0.00 Learn MoreShow Less

Loan Rates - September 22, 2018

Your Current Location: Virginia, VA 20146

Home Equity Rates APR Rate Monthly Payment
Auto Loan Rates APR Rate Monthly Payment
3 Year 2.84% 2.84% $725.27 Learn MoreShow Less
4 Year 2.84% 2.84% $551.59 Learn MoreShow Less
5 Year 2.84% 2.84% $447.44 Learn MoreShow Less
Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

Below are Nassau Educators 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


Nassau Educators Locations

Financial Details

Nassau Educators Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Nassau Educators. 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
Nassau Educators U.S. Average
5.72% 6.94

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, 2018, Nassau Educators had $16,916,817 in non-current loans and $489,910 in owned assets. To cover these potential losses it had $291,412,687 in net worth and $12,824,005 in loans loss reserves. That gives it a Texas Ratio of 5.72%.

Net Worth
Nassau Educators U.S. Average
9.79% 13.08%

Nassau Educators FCU has a net worth of 9.79% versus the BestCashCow average of 13.08. 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 On Nassau Educators

What is Nassau Educators?

A federal credit union, registered with the NCUA under certificate #2760.
Learn more about credit unions here.

Is Nassau Educators 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 Nassau Educators?

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

What are Nassau Educators's share account and share certificate rates?

Nassau Educators'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 Nassau Educators?

Nassau Educators has total capital of $291.41 million. Full information on Nassau Educators's financial position is located above.

Who owns Nassau Educators?

Credit Unions are owned by their members.

Where are Nassau Educators branches located?

See branch locations nearby.

Are Nassau Educators ATMs Open 24/7?

Do Nassau Educators ATMs accept cash deposits?

Can Nassau Educators customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Nassau Educators have a mobile app?

Does Nassau Educators have mobile deposit?

Does Nassau Educators have quick pay?

How can Nassau Educators transfer money to other banks or credit unions?

Does Nassau Educators report to credit bureaus?

Does Nassau Educators use Chexsystems?

Does Nassau Educators use Equifax?

What is Nassau Educators's toll free phone number?

What is Nassau Educators's ACH Routing Number?

What is Nassau Educators's SWIFT code?

Where can I find Nassau Educators's wire transfer form?

What is the Nassau Educators address for deposits?

What Products Does Nassau Educators Offer

Does Nassau Educators offer mortgages?

Compare mortgage rates here.

Does Nassau Educators offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Nassau Educators offer auto and RV loans?

Compare auto loan rates here.

Does Nassau Educators offer student loans or personal loans?

Compare personal loan rates here.

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