Branch History & Mission
At Broadview, our journey began in 1934, when a group of dedicated individuals came together to create a financial institution that would serve the community of Schenectady, NY. Over the decades, we have grown from a modest credit union into a trusted partner for nearly 497,000 members, all while maintaining our commitment to providing accessible and affordable financial services. Our branch, located at 920 Albany St, Schenectady, NY 12307, has become a cornerstone of the local community, helping individuals and families achieve their financial dreams. Our mission is simple yet profound: to enhance the financial well-being of our members and the communities we serve. We believe in not just offering services like checking and savings accounts, auto loans, and mortgages but also in making a real difference through community outreach and support. From financial literacy programs to partnerships with local organizations, we strive to empower our members with the tools they need to succeed. As we look back on our history, we take pride in our accomplishments. Today, we manage total assets of over $8.9 billion, reflecting our growth and stability. We are dedicated to ensuring that every member feels valued and supported in their financial journey. While you can visit us at our branch location for personalized service during our operating hours from Monday to Friday, 8 AM - 4 PM, we also embrace modern banking methods that include online banking and mobile payments for your convenience. Although we do not have ATMs or drive-thru services at this location, our shared service center allows members from partner credit unions to access basic banking transactions here at Broadview. This commitment to accessibility ensures that everyone can benefit from our services. If you're looking for a credit union that puts its members first while focusing on community development, look no further than Broadview. Join us today and experience firsthand how we can help you achieve your financial goals. For any inquiries or official correspondence, feel free to reach us at 518-452-8234 or send your mail to 920 Albany St, Schenectady, NY 12307. Together, let's build a brighter future!
Financial Strength
At Broadview, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are proud to share that our financial strength reflects our commitment to serving you with integrity and reliability. Our performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. With a net worth of $748,058,930, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Furthermore, our net worth ratio of 8.35% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $1,446,874,415 in share certificates and $2,398,842,154 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $100,000, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With $442,644,571 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity is substantial; with $29,827 in used auto loans and $6,698,281,974 in total loans and leases, we support members' financial goals across various sectors. Our operational efficiency is evident as shown by our $11,018,436, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 1,409 full-time employees and 58 part-time employees who are dedicated to providing you with knowledgeable service. With net shares amounting to $35,585,425, we have ample funds available for lending and investments. Additionally, our total share accounts stand at 1,233,168, showcasing a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Broadview is your trusted partner. Visit us at 920 Albany St Schenectady Ny 12307 or call (518) 452-8234 to learn more about how we can help you achieve your financial goals.
