First New York Federal Credit Union is a member-owned financial cooperative serving residents and employees within its field of membership, with its operations anchored in Albany, New York. As a federally chartered credit union, it operates under the oversight of the National Credit Union Administration and the Office of the Comptroller of the Currency, aligning its governance with federal regulations that guide safety, soundness, and member rights. The organization focuses on providing a range of basic financial services typical of credit unions, including deposit products, loan facilities, and payment services, structured around the cooperative model that emphasizes member benefits and democratic governance.
Historically, First New York Federal Credit Union has grown from a community-oriented institution into a recognized local financial entity, adapting to evolving regulatory environments and regulatory oversight while maintaining a commitment to accessibility and member education. Its operational scope encompasses retail branch activity, member service delivery, and compliance functions designed to support prudent financial management, risk oversight, and fiduciary responsibilities. The credit union’s central address anchors its local presence within the Albany area.
Better than 67% of providers in Albany
In addition to the primary service, First New York Federal Credit Union also offers:
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First New York Federal Credit Union is a verified financial service provider. This means we have confirmed their business information, contact details, and they have received customer reviews. You can trust this provider for your financial needs.
Find answers to common questions
First New York Federal Credit Union is listed as a financial service provider in Albany, NY and must follow both state and federal regulations that apply to this type of business. As with any financial provider, you should review the agreement carefully before signing, make sure you understand all fees and repayment terms, and only use official contact details from this page or the company's own website. Avoid sharing personal or payment information with anyone who contacts you unexpectedly and, if something seems unclear, ask First New York Federal Credit Union to explain the terms in writing before you proceed.
To improve your chances of getting better terms from First New York Federal Credit Union, be prepared with accurate information about your income, existing debts, and the amount you really need to borrow. If possible, check your credit history in advance, avoid late payments on other accounts, and consider offering collateral if the product allows it, as stronger overall finances can help you qualify for more favorable rates or fees. It's also a good idea to compare First New York Federal Credit Union with other providers in Albany and to ask directly about any current promotions, loyalty benefits, or ways to reduce the total cost of your loan.
First New York Federal Credit Union has a rating of 3.9, which is better than 67% of providers in Albany.
Requirements can vary by product, but for most visits you should be ready to bring a valid government-issued ID, proof of income (such as recent pay stubs or bank statements), and proof of address like a utility bill or lease. If you are applying for a title or secured loan, you may also need the vehicle title, registration, and insurance details, along with any other documents First New York Federal Credit Union requests. It is always best to call ahead using the phone number on this page so First New York Federal Credit Union can confirm exactly which documents you need for your specific situation.
In addition to its primary service, First New York Federal Credit Union also offers: Credit union, ATM, Bank, Car finance and loan company, Investment service, Mortgage lender.