Charter 19269 · Oceanside, NY
Ocean Financial Federal Credit Union
Ocean Financial Federal Credit Union is a federally chartered credit union in Oceanside, New York, with $403 million in assets and 14,110 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 8.17%, above the 7% that NCUA's rules treat as well capitalized.
- Total assets
- $403 million
- +5.2% in a year
- Members
- 14,110
- -1.8% in a year
- Net worth ratio
- 8.17%
- Peer median 11.65%
- Loans 60+ days late
- 2.21%
- Peer median 0.70%
- Loans outstanding
- $291 million
- +9.2% in a year
- Shares and deposits
- $378 million
- +4.6% in a year
- Branches
- 4
- 45 employees
- Opened
- 1969
- Federal charter
How Ocean Financial Federal Credit Union compares
NCUA groups credit unions by size; Ocean Financial Federal Credit Union is in the group with $100 million to $500 million (1,061 credit unions). Its net worth ratio of 8.17% is lower than that group's median of 11.65%, and its share of loans 60 or more days past due, 2.21%, is higher than the group median of 0.70%. Loans grew 9.2% over the year to Q2 2026, against a group median of 2.9% growth.
By assets it ranks 41 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 | $403 million | 14,110 | $291 million | 8.17% | 2.21% |
| Q1 2026 | $402 million | 14,135 | $293 million | 8.21% | 1.24% |
| Q4 2025 | $408 million | 14,057 | $284 million | 8.03% | 1.47% |
| Q3 2025 | $398 million | 14,120 | $276 million | 8.22% | 1.50% |
| Q2 2025 | $383 million | 14,373 | $266 million | 8.48% | 1.38% |
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 1.0 million potential members.
Credit unions that anyone in the US can join
Locations
NCUA's branch file lists 5 sites for Ocean Financial 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.
- Oceanside (main office)
45 Atlantic Ave, Oceanside, NY 11572 - Seaford
4050 Merrick Rd, Seaford, NY 11783 - Morris Ave Back Office
21 Morris Ave, Rockville Centre, NY 11570 - Molloy University
1000 Hempstead Ave, Rockville Centre, NY 11570 - Mercy Hospital
1000 N Village Ave, Rockville Centre, NY 11570
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