QSIDE Credit Union Profile

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QSIDE

Charter #3947 | NCUA Region 1 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (718) 353-1300

Fax: (718) 353-5399

Founding Date: N/A

Website: http://WWW.qsidefcu.org

Personnel & Operations

President: Waters, Jerry

Manager: JOHNSON, MARK

FT Employees: 12

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 53

Branches: 1

Hours: MON-TUES-THURS-FRI 8:00AM-3:00PM WED - 8:0

Credit Union Profile Summary

QSIDE is a FCU Credit Union. With a total of 6,882 members [1], this institution manages approximately $53,399,931 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 9.3% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 8.80% [1].

Financial Snapshot

Total Assets [1]
$53,399,931

Total economic resources.

Total Loans [1]
$33,145,009

Total value of outstanding loans.

Total Deposits [1]
$47,638,036

Total funds deposited by members.

Members [1]
6,882

Number of active members.

Performance Ratios

Net Worth Ratio [1]
9.3%

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]
1.61%

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

Loan-to-Share Ratio [1]
69.58%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
1.10%

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

Loan Growth (4Q) [1]
8.80%

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

Member Growth (4Q) [1]
-1.16%

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

Headquarters Location & Map

Headquarters Address

21131 Jamaica Ave

Queens Village, NY, 11428-1621

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

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Branch Locations

Found 1 branches reported by QSIDE (Charter #3947).

Main Office

QSIDE FEDERAL CREDIT UNION Main Office

Type: Corporate Office

21131 Jamaica Ave

Queens Village, NY 11428-1621

Phone: (718) 353-1300

Services: Member Services, ATM

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