2500 Westchester Ave, Ste 411
Purchase, NY 10577
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.40% 0.85% →
1-Year CD 0.50% 0.70% →
2-Year CD 0.60% 0.75% →
5-Year CD 1.00% 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Credit Union Information

Quorum is an NCUA insured institution located in Purchase, NY. It was founded in 1977 and has approximately $957.39 millions in assets.

Who can join?

Employees/retirees of select companies and affiliated groups

Immediate family of a Credit Union member: spouses, domestic partners, children, siblings, parents, grandparents, grandchildren, step-parents, step-children, step-siblings

Members of the same household (those maintaining a single economic unit): roommates, domestic partners

NCUA Insured Yes / Federally Chartered
Charter Number # # 22769
Date Established 1977
Assets $957.39 million
Loans $782.66 million
Deposits $874.64 million
Capital $75.22 million

Field of Membership Restrictions

Membership in Quorum Federal Credit Union is open to anyone through the American Consumer Council. Membership is also open to employees, retirees, and associates of BASF Corporation, Diamond Resorts International, The Kraft Heinz Company and its subsidiaries, and over 70 other Select Employer Groups.

Deposit Rates - September 16, 2021

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
0.40% $0 - Learn More
Money Market
0.10% $2,500 $2,999 Learn More
Money Market
0.20% $10,000 $14,999 Learn More
Money Market
0.30% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.25% $1,000 - Learn More
12 Mo CD
0.50% $1,000 - Learn More
18 Mo CD
0.95% $10,000 $14,999 Learn More
24 Mo CD
0.60% $1,000 - Learn More
36 Mo CD
0.65% $1,000 - Learn More
48 Mo CD
0.70% $1,000 - Learn More
60 Mo CD
1.00% $1,000 - Learn More
Variable IRA Rates APY MIN MAX
0.05% $1 $499 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1 $99 Learn MoreShow Less
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - September 16, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for QUORUM

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

Featured - Connecticut 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Points Fees Monthly
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
3.368% 3.250% 1.00 $3,750 $1,089 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info
BMO Harris Bank
BMO Harris Bank
See Table
Intro APR
1.790 %
After Intro: 4.840 %
Intro Period: 6 months
$0 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info

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



Below are Quorum 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:

Quorum Locations

Financial Details

Quorum Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Quorum. 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
Quorum U.S. Average
7.19% 4.38

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, 2021, Quorum had $5,681,077 in non-current loans and $1,521,000 in owned assets. To cover these potential losses it had $75,222,845 in net worth and $24,900,000 in loans loss reserves. That gives it a Texas Ratio of 7.19%.

Net Worth
Quorum U.S. Average
8.22% 12.20%

Quorum FCU has a net worth of 8.22% versus the BestCashCow average of 12.20. 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 Quorum

Branches and Savings

What is Quorum?

A federal credit union, registered with the NCUA under certificate #22769.
Learn more about credit unions here.

Is Quorum FDIC insured?

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

Who can join Quorum?

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

What are Quorum's share account and share certificate rates?

Quorum'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 Quorum?

Quorum has total capital of $75.22 million. Full information on Quorum's financial position is located above.

Who owns Quorum?

Credit Unions are owned by their members.

Where are Quorum branches located?

See branch locations nearby.

Are Quorum ATMs Open 24/7?

Do Quorum ATMs accept cash deposits?

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

Does Quorum have a mobile app?

Does Quorum have mobile deposit?

Does Quorum have quick pay?

How can Quorum transfer money to other banks or credit unions?

Does Quorum report to credit bureaus?

Does Quorum use Chexsystems?

Does Quorum use Equifax?

What is Quorum's toll free phone number?

What is Quorum's ACH Routing Number?

What is Quorum's SWIFT code?

Where can I find Quorum's wire transfer form?

What is the Quorum address for deposits?

What Products Does Quorum Offer

Does Quorum offer mortgages?

Compare mortgage rates here.

Does Quorum offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Quorum offer auto and RV loans?

Compare auto loan rates here.

Does Quorum offer student loans or personal loans?

Compare personal loan rates here.

Customer Reviews for Quorum

  • August 19, 2018 |

    Opened a high yield savings account that I regretted the moment I tried to make a withdrawal. Received a message to contact them. While I attempted to call on four separate occasions I could not speak to a human due to long wait times. When I finally got to speak to a person they asked me "what do I plan on doing with my money?" Really? This is none of their business! The whole process made me lose days of interest at a higher yield. Do not use this company.

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