Nassau Financial Federal Credit Union

Headquarters

2575 Hempstead Tpke, Suite 300
East Meadow, NY 11554
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 1.02% →
1-Year CD 0.50% 1.45% →
2-Year CD 0.60% 2.86% →
5-Year CD 0.70% 3.21% →
30-Year Mortgage N.A. 2.81% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2022 Overview

General Credit Union Information

Nassau Financial is an NCUA insured institution located in East Meadow, NY. It was founded in 1936 and has approximately $390.38 millions in assets.

Who can join?

Who Can Join?

The Nassau Financial Federal Credit Union serves all those who live, work, worship, attend school or volunteer in Nassau County, New York, as well as members of their immediate family or household. For the purposes of this definition, immediate family includes stepparents, stepchildren, stepsiblings and adoptive relationships. Household is defined as persons living in the same residence maintaining a single economic unit. If you satisfy any one of the preceding requirements you are eligible for membership in the Credit Union.

NCUA Insured Yes / Federally Chartered
Charter Number # # 1404
Date Established 1936
Assets $390.38 million
Loans $212.79 million
Deposits $369.57 million
Capital $19.24 million
 

Field of Membership Restrictions

Membership is open to those who live, work, worship, attend school or volunteer in Nassau County, New York, as well as members of their immediate family or household.

Deposit Rates - May 23, 2022

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.05% $2,500 $4,999 Learn More
Money Market
0.05% $2,500 $2,999 Learn More
Money Market
0.05% $10,000 $14,999 Learn More
Money Market
0.05% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.25% $10,000 $14,999 Learn More
6 Mo CD
0.25% $100,000 $199,999 Learn More
12 Mo CD
0.50% $10,000 $14,999 Learn More
12 Mo CD
0.50% $100,000 $199,999 Learn More
18 Mo CD
0.50% $10,000 $14,999 Learn More
18 Mo CD
0.50% $100,000 $199,999 Learn More
24 Mo CD
0.60% $10,000 $14,999 Learn More
24 Mo CD
0.60% $100,000 $199,999 Learn More
36 Mo CD
0.70% $10,000 $14,999 Learn More
36 Mo CD
0.70% $100,000 $199,999 Learn More
48 Mo CD
0.70% $10,000 $14,999 Learn More
48 Mo CD
0.70% $100,000 $199,999 Learn More
60 Mo CD
0.70% $10,000 $14,999 Learn More
60 Mo CD
0.70% $100,000 $199,999 Learn More
Variable IRA Rates APY MIN MAX
Var IRA
0.05% $1 $499 Learn MoreShow Less

Loan Rates - May 23, 2022

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for NASSAU FINANCIAL

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 2022

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
CHASE
NMLS ID: 399798
5.432% 5.375% 0.63 $1,578 $1,400 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
6.106% 5.990% 0.75 $3,125 $1,498 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2022

Lender APR (%)? Monthly Payment? Learn More

Note to NASSAU FINANCIAL
To upload and update your bank's rates please register. It is free to register and add rates.


 

Branches

Below are Nassau Financial 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 Financial Locations



Climate Initiatives

NASSAU FINANCIAL is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.

Financial Details

Nassau Financial Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Nassau Financial. 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 Financial U.S. Average
14.45% 4.85

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 December 31, 2021, Nassau Financial had $2,447,367 in non-current loans and $526,577 in owned assets. To cover these potential losses it had $19,239,926 in net worth and $1,342,415 in loans loss reserves. That gives it a Texas Ratio of 14.45%.

Net Worth
Nassau Financial U.S. Average
4.95% 12.36%

Nassau Financial FCU has a net worth of 4.95% versus the BestCashCow average of 12.36. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

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