FASNY Credit Union Profile

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FASNY

Charter #24690 | NCUA Region 1 | FCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (518) 434-3709

Fax: (518) 434-6218

Founding Date: N/A

Website: http://WWW.FASNYCU.COM

Personnel & Operations

President: Karashay, Michael

Manager: Devaney, Christina

FT Employees: 3

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 03

Branches: 1

Hours: M - F 8:30 - 5:00

Credit Union Profile Summary

FASNY is a FCU Credit Union. With a total of 1,147 members [1], this institution manages approximately $16,662,237 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 12.07% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 1.95% [1].

Financial Snapshot

Total Assets [1]
$16,662,237

Total economic resources.

Total Loans [1]
$8,100,999

Total value of outstanding loans.

Total Deposits [1]
$14,632,111

Total funds deposited by members.

Members [1]
1,147

Number of active members.

Performance Ratios

Net Worth Ratio [1]
12.07%

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]
0.93%

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

Loan-to-Share Ratio [1]
55.36%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 11.24%

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

Loan Growth (4Q) [1]
↑ 1.95%

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

Member Growth (4Q) [1]
↑ 7.90%

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

Headquarters Location & Map

Headquarters Address

107 WASHINGTON AVE

ALBANY, NY, 12210-2231
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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 2 branches reported by FASNY (Charter #24690).

Main Office

FASNY Federal Credit Union Main Office

Type: Corporate Office

107 Washington Ave

Albany, NY 12210-2231

Phone: (518) 434-3709

Services: Member Services

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Additional Branches

Albany

FASNY Federal Credit Union

Type: Corporate Office

107 Washington Ave

Albany, NY 12210-2231

Phone: (518) 434-3709

Services: None specified

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