FAR ROCKAWAY POSTAL Credit Union Profile

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FAR ROCKAWAY POSTAL

Charter #4246 | NCUA Region 1 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (516) 850-0954

Fax: (516) 239-6381

Founding Date: N/A

Personnel & Operations

President: HOBSON, TINAKA

Manager: JONES, BAKARI

FT Employees: 0

PT Employees: 1

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 06

Branches: 1

Hours: Monday-Saturday, 10:00AM - 3:00PM

Credit Union Profile Summary

FAR ROCKAWAY POSTAL is a FCU Credit Union. With a total of 59 members [1], this institution manages approximately $230,765 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 30.06% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -24.42% [1].

Financial Snapshot

Total Assets [1]
$230,765

Total economic resources.

Total Loans [1]
$100,505

Total value of outstanding loans.

Total Deposits [1]
$161,392

Total funds deposited by members.

Members [1]
59

Number of active members.

Performance Ratios

Net Worth Ratio [1]
30.06%

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]
-4.61%

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

Loan-to-Share Ratio [1]
62.27%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
↓ -12.83%

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

Loan Growth (4Q) [1]
↓ -24.42%

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

Member Growth (4Q) [1]
↓ -10.61%

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

Headquarters Location & Map

Headquarters Address

1836 Mott Ave

Far Rockaway, NY, 11691-4206
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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 1 branches reported by FAR ROCKAWAY POSTAL (Charter #4246).

Main Office

Far Rockaway Postal Federal Credit Union Main Office

Type: Corporate Office

1836 Mott Ave

Far Rockaway, NY 11691-4206

Phone: (516) 850-0954

Services: Member Services

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