Charter 2440 · Albany, NY
First New York Federal Credit Union
First New York Federal Credit Union is a federally chartered credit union in Albany, New York, with $574 million in assets and 39,264 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 9.39%, well above the 7% that NCUA's rules treat as well capitalized.
- Total assets
- $574 million
- +9.4% in a year
- Members
- 39,264
- +2.2% in a year
- Net worth ratio
- 9.39%
- Peer median 10.79%
- Loans 60+ days late
- 0.48%
- Peer median 0.67%
- Loans outstanding
- $424 million
- +10.3% in a year
- Shares and deposits
- $521 million
- +10.2% in a year
- Branches
- 9
- 143 employees
- Opened
- 1937
- Federal charter
How First New York Federal Credit Union compares
NCUA groups credit unions by size; First New York Federal Credit Union is in the group with $500 million and up (759 credit unions). Its net worth ratio of 9.39% is lower than that group's median of 10.79%, and its share of loans 60 or more days past due, 0.48%, is lower than the group median of 0.67%. Loans grew 10.3% over the year to Q2 2026, against a group median of 5.3% growth.
By assets it ranks 33 of 268 credit unions headquartered in New York. See all New York credit unions.
Five quarters of figures
| Quarter | Assets | Members | Loans | Net worth ratio | 60+ days late |
|---|---|---|---|---|---|
| Q2 2026 | $574 million | 39,264 | $424 million | 9.39% | 0.48% |
| Q1 2026 | $556 million | 39,123 | $419 million | 9.45% | 0.52% |
| Q4 2025 | $535 million | 38,878 | $416 million | 9.47% | 0.76% |
| Q3 2025 | $504 million | 38,763 | $395 million | 9.68% | 0.73% |
| Q2 2025 | $525 million | 38,401 | $385 million | 9.37% | 0.79% |
Assets Members
Who can join
The field of membership is the group a credit union is allowed to serve: people who live or work in an area, employees of certain companies, members of an association, and their families. The credit union's own website has the exact rules. On its call report it estimates its field of membership at about 900,000 potential members.
Credit unions that anyone in the US can join
Locations
NCUA's branch file lists 9 sites for First New York Federal Credit Union. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.
- Cobleskill Location
795 E Main St Ste 1, Cobleskill, NY 12043 - Glenville Location
19 Glenridge Rd, Scotia, NY 12302 - Albany Location
818 Central Ave, Albany, NY 12206 - Rotterdam Location
3085 Carman Rd, Schenectady, NY 12303 - Saratoga Location
424 Maple Ave, Saratoga Springs, NY 12866 - Niskyuna Location
1776 Union St, Schenectady, NY 12309 - Wall St Location (main office)
2 Wall St, Albany, NY 12205 - Halfmoon Branch
1533 Route 9, Halfmoon, NY 12065 - North Greenbush Branch
31 Jordan Rd, Troy, NY 12180
About these numbers
Figures come from the NCUA 5300 Call Report quarterly data for Q2 2026 (quarter ended June 30, 2026), which each credit union files itself. "60+ days late" is delinquent loans of two months or more divided by total loans. Peer medians are computed across every credit union in the same NCUA asset-size group. NCUA call report data · Methodology