Feedback
Share
Link
Link copied!
Asset Brief
The Finest Credit Union
Credit Union Finder
Table of Contents
Explore
Search
Asset Brief
More
About Asset Brief
Copyright © 2022 assetbrief.com and Spring Launch Media LLC. All Rights Reserved.

All content on this website ("the Site") is the property of Spring Launch Media LLC. The collection and assembly of content on this Site are the exclusive property of Spring Launch Media LLC and are protected by copyright and other intellectual property laws. Credit union and bank data is publicly sourced from the U.S. government. None are affiliated with Asset Brief. assetbrief.com is an independent, advertising-supported publisher. We work hard to keep our information accurate and up to date, but do not guarantee accuracy of information. You may see different information when you visit a specific product’s site. assetbrief.com does not warrant or assume any legal liability or responsibility for the accuracy, completeness, or usefulness of any information disclosed. assetbrief.com does not assume any responsibility for any aspect of financial decisions taken based on the contents provided on this Site. When considering offers, please review all Terms and Conditions with the offering institution. Our content is not intended to provide investment advice. assetbrief.com is compensated through display advertising and offers from our partners. Many or all of the products features may be from our partners, and advertising may impact on where, how, and the order in which products appear on this Site. AssetBrief does not include all companies or all available products. However, this does not influence our editorial content or our advice, which are based on industry knowledge and many many hours of research. assetbrief.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.

The Finest Credit Union Share
Link
Link copied!

Map Loading...
Overview Share
Link
Link copied!
Back to Top

The Finest Credit Union is a federal credit union based in New York, New York. It has been opened since 2015, for 7 years.

With around $8,290,000 in assets, The Finest Credit Union is considered to be a medium size credit union.

About Share
Link
Link copied!
Address 59 Maiden Ln, Lobby
New York, New York 10038
Website http://thefinestfcu.org
Phone (646) 661-1886
Fax (646) 661-1093
CEO Keith Stone
President of the Board George Mifsud
Services Offered
Score Card Share
Link
Link copied!
Back to Top
7 years
Years in business
Opened in 2015
Well Capitalized
Net worth classification
Source: NCUA
4,293 members
Membership type: Federal, State, Local Government
Average number of members
716:1
Credit union member to staff ratio
716 per each FTE employee
Compared to 411:1 nationally
Less staff than other credit unions
$8,287,884
Total assets
Below average
2 branches
Compared with an average of 4 nationally and 3 in New York
Above average number of branches
0.50%
Savings interest rate
Compared to 0.3% nationally
Branches Share
Link
Link copied!
Back to Top
2 branches
Compared with an average of 4 nationally and 3 in New York
Above average number of branches
The Finest Credit Union Branch Locations

the Finest Credit Union: Main Branch
59 Maiden Lane
Lobby
New York, New York 10038
No ATM
the Finest Credit Union: Police Plaza Branch
215 Park Row
Suite 2
New York, New York 10038
No ATM
Members Share
Link
Link copied!
Back to Top
4,293 members
Membership type: Federal, State, Local Government
Average number of members

With 4,293 members, the The Finest Credit Union is considered to be a medium size credit union. It is larger than 53% of credit unions.

Fees Share
Link
Link copied!
Back to Top
$15
Average fee per member
The average fee per member at the The Finest Credit Union is $15, which is low compared to most credit unions. This rate is lower than 77% 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 The Finest Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
Link
Link copied!
Back to Top
716:1
Credit union member to staff ratio
716 per each FTE employee
Compared to 411:1 nationally
Less staff than other credit unions
6 staff members
FTE (full-time equivalent)
29% of employees are part-time
5 full-time, 2 part-time

The Finest Credit Union has 5 full-time staff members and 2 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 71% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. The Finest Credit Union has around 716 members per staff, a high ratio compared to other credit unions.

Assets Share
Link
Link copied!
Back to Top
$8,287,884
Total assets
Below average
Net worth Share
Link
Link copied!
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.
8.3%
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 Share
Link
Link copied!
Back to Top
$3,330
Average loan and lease size
Loan & lease sizes are very small. They are smaller than at 96% of credit unions.

The Finest Credit Union holds a total of $7,250,000 in loans and leases, which is about $3,330 per member on average.

Savings interest rate Share
Link
Link copied!
Back to Top
0.50%
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. The Finest Credit Union pays 0.50%.

Loan rates Share
Link
Link copied!
Back to Top
8.45%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
4.50%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates Share
Link
Link copied!
Back to Top
4.73%
Used car loan rate
Compared to 5.2% nationally

Other Credit Unions

See all...
Plattsburgh City School District Credit Union
Credit Union: Well Capitalized Plattsburgh, New York 744.0 $7 million Well Capitalized
Finger Lakes Health Care Credit Union
Credit Union: Well Capitalized Elmira, New York 2647.0 $26 million Well Capitalized
Horizons Credit Union
Credit Union: Well Capitalized Binghamton, New York 11781.0 $110 million Well Capitalized
Lexington Avenue Credit Union
Credit Union: Well Capitalized Rochester, New York 4318.0 $15 million Well Capitalized
Town of Hempstead Employees Credit Union
Credit Union: Adequately Capitalized North Baldwin, New York 8406.0 $127 million Adequately Capitalized
S I Employees Credit Union
Credit Union: Well Capitalized Saratoga Spring, New York 114.0 $426k Well Capitalized
Access Credit Union
Credit Union: Well Capitalized Clinton, New York 21821.0 $173 million Well Capitalized
Northern Credit Union
Credit Union: Well Capitalized Watertown, New York 30241.0 $253 million Well Capitalized
Van Cortlandt Cooperative Credit Union
Credit Union: Well Capitalized Bronx, New York 3259.0 $66 million Well Capitalized
Winthrop-University Hospital Employ Credit Union
Credit Union: Well Capitalized Mineola, New York 4168.0 $33 million Well Capitalized

Additional Credit Unions

See all...
Lockport Schools Credit Union
Credit Union: Well Capitalized Lockport, New York 1312.0 $14 million Well Capitalized
Co-Operative Credit Union
Credit Union: Well Capitalized Woodridge, New York 599.0 $6 million Well Capitalized
Teachers Credit Union
Credit Union: Well Capitalized Smithtown, New York 329036.0 $7 billion Well Capitalized
Fasny Credit Union
Credit Union: Well Capitalized Albany, New York 1183.0 $14 million Well Capitalized
Crouse Hinds Employees Credit Union
Credit Union: Well Capitalized Syracuse, New York 819.0 $6 million Well Capitalized
Cheektowaga Community Credit Union
Credit Union: Well Capitalized Cheektowaga, New York 1017.0 $11 million Well Capitalized
Crouse Credit Union
Credit Union: Well Capitalized Syracuse, New York 2322.0 $16 million Well Capitalized
Tct Credit Union
Credit Union: Well Capitalized Ballston Spa, New York 13142.0 $213 million Well Capitalized
Good Counsel Credit Union
Credit Union: Well Capitalized Brooklyn, New York 289.0 $418k Well Capitalized
Niagara Falls Teachers Credit Union
Credit Union: Well Capitalized Niagara Falls, New York 1471.0 $12 million Well Capitalized

More Credit Unions

See all...
Niagara Falls A F Credit Union
Credit Union: Well Capitalized Niagara Falls, New York 1987.0 $14 million Well Capitalized
Abyssinian Baptist Church Credit Union
Credit Union: Well Capitalized New York, New York 306.0 $773k Well Capitalized
Cobblestone Country Credit Union
Credit Union: Well Capitalized Albion, New York 2896.0 $11 million Well Capitalized
Beulah Credit Union
Credit Union: Well Capitalized Brooklyn, New York 131.0 $178k Well Capitalized
Buffalo Metropolitan Credit Union
Credit Union: Well Capitalized Buffalo, New York 17449.0 $107 million Well Capitalized
Linton Credit Union
Credit Union: Well Capitalized Tonawanda, New York 1060.0 $6 million Well Capitalized
New York University Credit Union
Credit Union: Well Capitalized New York, New York 5312.0 $24 million Well Capitalized
Coopers Cave Credit Union
Credit Union: Well Capitalized Glens Falls, New York 2016.0 $14 million Well Capitalized
Alco Credit Union
Credit Union: Well Capitalized Wellsville, New York 5435.0 $31 million Well Capitalized
Akron School Employees Credit Union
Credit Union: Well Capitalized Akron, New York 220.0 $932k Well Capitalized

All of Asset Brief

See all...

Similar Credit Unions to The Finest Credit Union

See all...
First Credit Bank
Bank: West Hollywood, California 122237599.0
National Association Credit One Bank
Bank: Las Vegas, Nevada 122402133.0
the Finest Credit Union: Police Plaza Branch
Credit Union Branch: 215 Park Row
Suite 2
New York, New York 10038 No ATM
The Finest Credit Union
Credit Union: Well Capitalized New York, New York 4293.0 $8 million Well Capitalized
the Union Bank
Bank: Marksville, Louisiana 65201255.0
the Finest Credit Union: Main Branch
Credit Union Branch: 59 Maiden Lane
Lobby
New York, New York 10038 No ATM
Service Credit Union Routing Number
Resource: Service Credit Union Routing Number Service Credit Union is a credit union based in Portsmouth, New Hampshire. Service Credit Union’s US routing number is 211489656.
Credit First National Association
Bank: Brook Park, Ohio 41202980.0