Home
Contents
Explore
Search

Focus First Credit Union

Overview
Back to Top

Focus First Credit Union is a federal credit union based in Rochester, New York. It has been opened since 1955, for 65 years.

With around $15,750,000 in assets, Focus First Credit Union is considered to be a medium size credit union.

About
Address 1546 Lyell Avenue
Rochester, New York 14606
Website http://www.focusfirstfcu.org
Phone (585) 458-9220
Fax (585) 458-4771
CEO Scott E. Neal
President of the Board Lloyd Hogle
Services Offered
Map
Back to Top
Score Card
Back to Top
65 years
Years in business
Opened in 1955
Well Capitalized
Net worth classification
Source: NCUA
1,612 members
Membership type: Community credit union
Below average number of members
461:1
Credit union member to staff ratio
461 per each FTE employee
Compared to 411:1 nationally
Fewer staff
$15,748,606
Total assets
Below average
0 branches
Compared with an average of 4 nationally and 3 in New York
Average number of branches
0.35%
Savings interest rate
Compared to 0.3% nationally
9.49%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches
Back to Top
0 branches
Compared with an average of 4 nationally and 3 in New York
Average number of branches
Focus First Credit Union Branch Locations

Focus First Credit Union: Main
1546 Lyell Avenue
Rochester, New York 14606
No ATM
Members
Back to Top
1,612 members
Membership type: Community credit union
Below average number of members

With 1,612 members, the Focus First Credit Union is considered to be a small credit union. It is smaller than 70% of credit unions.

Fees
Back to Top
$32
Average fee per member
The average fee per member at the Focus First Credit Union is $32, which is low compared to most credit unions. This rate is lower than 64% of all credit unions.
Fees are lower than average

Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.

The average fee per member gives you a general sense of how much you might pay in fees as a member of the Focus First Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
Back to Top
461:1
Credit union member to staff ratio
461 per each FTE employee
Compared to 411:1 nationally
Fewer staff
4 staff members
FTE (full-time equivalent)
60% of employees are part-time
2 full-time, 3 part-time

Focus First Credit Union has 2 full-time staff members and 3 part-time staff members. The staff is comprised of part-time and full-time staff, with part-time staff approximately 60% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Focus First Credit Union has around 461 members per staff, a higher ratio compared to other credit unions.

Assets
Back to Top
$15,748,606
Total assets
Below average
Net worth
Back to Top
Well Capitalized
Net worth classification
Source: NCUA
A well capitalized credit union has a net worth ratio of 7% or greater and also meets applicable risk-based net worth requirements, according to the National Credit Union Administration.
41.4%
Net worth ratio
A higher net worth ratio is better.
Compared to an average of 13.6% nationally

A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength

The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.

Loans & leases
Back to Top
$16,416
Average loan and lease size
Loan & lease sizes are big! They are bigger than at 84% of credit unions.

Focus First Credit Union holds a total of $8,390,000 in loans and leases, which is about $16,416 per member on average.

Savings interest rate
Back to Top
0.35%
Savings interest rate
Compared to 0.3% nationally

A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.

A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. Focus First Credit Union pays 0.35%.

Loan rates
Back to Top
9.49%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
6.99%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
3.35%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
Back to Top
4.50%
New car loan rate
Compared to 4.0% nationally
5.65%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates
Back to Top
5.00%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally
O And R Utilities Employees Credit Union
Location
Monroe, New York
Members
1290
Assets
Net Worth Classification
Well Capitalized
Average Fee
Read More
Crossroads Community Credit Union
Location
Cheektowaga, New York
Members
6,947
Assets
Net Worth Classification
Well Capitalized
Average Fee
Credit Card Loan Interest Rate
9.90%
Read More
Buffalo Conrail Credit Union
Location
Cheektowaga, New York
Members
2515
Assets
Net Worth Classification
Well Capitalized
Average Fee
Credit Card Loan Interest Rate
8.50%
Read More
Ontario Shores Credit Union
Location
Newfane, New York
Members
7,015
Assets
Net Worth Classification
Well Capitalized
Average Fee
Credit Card Loan Interest Rate
11.75%
Read More
Empower Credit Union
Location
Syracuse, New York
Members
195,165
Assets
Net Worth Classification
Well Capitalized
Average Fee
Credit Card Loan Interest Rate
11.47%
Read More
Local 804 Credit Union
Location
Long Island City, New York
Members
2661
Assets
Net Worth Classification
Well Capitalized
Average Fee
Credit Card Loan Interest Rate
13.00%
Read More