State Employees Federal Credit Union


700 Patroon Creek Blvd
Albany, NY 12206
See all branch locations →

Phone 1-518-464-5331

Notable Rates APY Vs.Others
Savings N.A. 0.85% →
1-Year CD N.A. 0.75% →
2-Year CD N.A. 0.80% →
5-Year CD N.A. 1.25% →
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

State Employees is an NCUA insured institution located in Albany, NY. It was founded in 1934 and has approximately $5340.87 millions in assets.

Who can become a SEFCU member?

You can, if you meet one of the following requirements:

You are an employee (current or retired), member, or volunteer of a participating SEFCU member group.
You live, work, attend school, or worship in one of these cities or towns:

Barker - Binghamton
Green Island
Montgomery County
Otsego County

A member of your immediate family is a SEFCU member or qualifies for membership.

NCUA Insured Yes / Federally Chartered
Charter Number # # 51
Date Established 1934
Assets $5,340.87 million
Loans $2,716.28 million
Deposits $4,915.31 million
Capital $373.09 million

Field of Membership Restrictions

Membership in State Employees Federal Credit Union is open to those who are employees (current or retired), member, or volunteer of a participating SEFCU member group or live, work, attend school, or worship in one of these cities or towns: Albany, Amherst, Barker - Binghamton, Barton, Berkshire, Binghamton, Buffalo, Candor, Cohoes, Colesville, Conklin, Dickinson, Green Island, Kirkwood, Lisle, Lackawanna, Maine, Mechanicville, Montgomery County, Nichols, Nanticoke, Otsego County, Rensselaer, Richford, Sanford, Schenectady, Spencer, Syracuse, Triangle, Troy, Union or Watervliet. Membership is also open to employees of the state of New York, New York Power Authority, and over 1,000 Select Employer Groups.

Deposit Rates - October 21, 2021

Your Current Location: Connecticut, CT 06828

We do not yet have rates for State Employees

We're working to get deposit rates for every credit union in the world. Please bare with us until we are able to get rates for this credit union.

Back to State Employees

Note to State Employees
To upload and update your credit union's rates please register. It is free to register and add rates.

Advertiser Disclosure

Loan Rates - October 21, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for STATE EMPLOYEES

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
Rocket Mortgage
NMLS ID: 3030
3.590% 3.500% 0.63 $2,812 $1,123 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
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info

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



Below are State Employees 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:

State Employees Locations

Climate Initiatives

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

Financial Details

State Employees Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of State Employees. 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
State Employees U.S. Average
3.26% 3.79

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 June 30, 2021, State Employees had $10,013,878 in non-current loans and $3,446,866 in owned assets. To cover these potential losses it had $373,085,179 in net worth and $39,213,394 in loans loss reserves. That gives it a Texas Ratio of 3.26%.

Net Worth
State Employees U.S. Average
7.39% 12.22%

State Employees FCU has a net worth of 7.39% versus the BestCashCow average of 12.22. 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 State Employees

Branches and Savings

What is State Employees?

A federal credit union, registered with the NCUA under certificate #51.
Learn more about credit unions here.

Is State Employees 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. State Employees is insured by the NCUA.

Who can join State Employees?

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

What are State Employees's share account and share certificate rates?

State Employees'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 State Employees?

State Employees has total capital of $373.09 million. Full information on State Employees's financial position is located above.

Who owns State Employees?

Credit Unions are owned by their members.

Where are State Employees branches located?

See branch locations nearby.

Are State Employees ATMs Open 24/7?

Do State Employees ATMs accept cash deposits?

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

Does State Employees have a mobile app?

Does State Employees have mobile deposit?

Does State Employees have quick pay?

How can State Employees transfer money to other banks or credit unions?

Does State Employees report to credit bureaus?

Does State Employees use Chexsystems?

Does State Employees use Equifax?

What is State Employees's toll free phone number?

What is State Employees's ACH Routing Number?

What is State Employees's SWIFT code?

Where can I find State Employees's wire transfer form?

What is the State Employees address for deposits?

What Products Does State Employees Offer

Does State Employees offer mortgages?

Compare mortgage rates here.

Does State Employees offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does State Employees offer auto and RV loans?

Compare auto loan rates here.

Does State Employees offer student loans or personal loans?

Compare personal loan rates here.

Customer Reviews for State Employees

There are currently no comments for State Employees. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →