FIRST NEW YORK Credit Union Profile

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FIRST NEW YORK

Charter #2440 | NCUA Region 1 | FCU

Low-Income Designation: No

Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (518) 393-1326

Fax:

Founding Date: N/A

Website: http://www.firstnewyork.org

Personnel & Operations

President: Krawiecki, Brian

Manager: Halstead, Lucy

FT Employees: 123

PT Employees: 15

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 00

Branches: 8

Hours: Drive-Up Monday-Friday from 8:00am until 6

Credit Union Profile Summary

FIRST NEW YORK is a FCU Credit Union. With a total of 38,401 members ^[1], this institution manages approximately $524,852,440 in total assets ^[1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 9.37% ^[1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 10.69% ^[1].

Financial Snapshot

Total Assets ^[1]

$524,852,440

Total economic resources.

Total Loans ^[1]

$384,801,477

Total value of outstanding loans.

Total Deposits ^[1]

$472,536,596

Total funds deposited by members.

Members ^[1]

38,401

Number of active members.

Performance Ratios

Net Worth Ratio ^[1]

9.37%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) ^[1]

0.89%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio ^[1]

81.43%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) ^[1]

↑ 6.38%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) ^[1]

↑ 10.69%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) ^[1]

↑ 1.90%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

2 Wall St

Albany, NY, 12205-3845

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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

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Branch Locations

Found 9 branches reported by FIRST NEW YORK (Charter #2440).

Main Office

Wall St Location Main Office

Type: Corporate Office

Type: Branch Office

1776 Union St

Schenectady, NY 12309

Phone: (518) 393-1325

Services: Member Services, ATM, Drive-Thru

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