First New York Credit Union Schenectady NY | Best Auto Loans & Business Banking

Introduction

Welcome to First New York, your trusted financial partner located at 1776 Union St, Schenectady, NY 12309. Since opening our doors in 1937, we have proudly served our community, fostering a spirit of cooperation and support that has led to a robust membership base of over 37,958 individuals. With total assets exceeding $488 million, we're committed to providing our members with the best financial services tailored to their needs. At First New York, we believe in empowering our members through accessible banking solutions. Whether you're looking for personal banking options like checking and savings accounts or need assistance with auto loans and mortgages, we've got you covered. Our total loans and leases stand at an impressive 17,221, reflecting our dedication to helping you achieve your financial goals. Under the leadership of CEO Lucy Halstead and Board President Brian Krawiecki, we strive to create a welcoming environment where everyone feels valued. Our team of 132 employees is here to assist you with any inquiries or financial needs you may have. You can reach us by phone at 518-393-1325 during our operating hours: Monday through Thursday from 9 AM to 5 PM, Friday from 9 AM to 6 PM, and Saturday from 9 AM to 1 PM. While members can visit us at our branch location, official correspondence should be sent to the same address: 1776 Union Street, Schenectady, NY 12309. We invite you to explore what First New York has to offer by visiting our website at firstnewyork.org. Join us today and experience the difference that comes from being part of a community-focused credit union!

Branch History & Mission

A Legacy of Service

Since opening in 1937, First New York has achieved significant milestones. Over the decades, we have embraced innovation while maintaining our commitment to personalized service. We've adapted to changing times by enhancing digital capabilities, ensuring ADA compliance for all facilities, and introducing customer-centric initiatives that put our members first. Our drive-thru service and ATM availability make banking convenient for everyone. While members can visit us at 1776 Union St Schenectady NY 12309 for in-person assistance or transactions, official correspondence should be sent to our mailing address at 1776 Union Street, Schenectady, NY 12309.

Community Engagement

Beyond traditional banking services, First New York actively participates in community outreach efforts. We partner with local organizations and support initiatives that promote financial literacy and economic development in Schenectady. By investing in our community's future, we not only help individuals achieve their financial goals but also contribute to the overall growth of the region. We invite you to experience the difference at First New York. Join us today and become part of a credit union that values you as a member and is committed to your success. For more information or to open an account, please call us at 518-393-1325 or visit us online at First New York. Your journey towards better financial health starts here!

Our Mission

At First New York, our mission is simple yet profound: to enhance the financial well-being of our members while fostering a sense of belonging within the communities we serve. We believe that everyone deserves access to quality financial services, and we strive to create an environment where all members can thrive. Whether it's through personal banking options like checking and savings accounts or loans for auto financing and mortgages, our focus remains on meeting the diverse needs of our membership.

Branch Location & Accessibility

Operating Hours

You can visit us during our lobby hours from Monday through Thursday between 9:00 am and 5:00 pm. On Fridays, we stay open later until 6:00 pm, and on Saturdays, we're here from 9:00 am to 1:00 pm. If you're in a hurry, our drive-thru service is available on weekdays from 8:00 am until 5:00 pm and on Saturdays from 9:00 am until 1:00 pm as well.

Services Offered

At First New York, we offer a variety of services tailored to meet your financial needs. From personal banking options such as savings accounts and credit cards with rewards to business banking solutions like merchant services and loans there's something for everyone. Plus, our ATM is available for cash withdrawals and balance checks whenever you need it. While members can visit us at 1776 Union St for all their banking needs, official correspondence should be sent to the same address. If you have any questions or need assistance, don't hesitate to give us a call at 518-393-1325. We invite you to stop by First New York today! Experience the difference of community-focused banking where your needs come first.

Member Eligibility

At First New York, we believe that everyone deserves to be part of a caring community that supports their financial goals. Joining us is simple and welcoming! If you live, work, worship, or attend school in the Schenectady area, you're likely eligible for membership. We also invite family members of current members to join us, creating a strong network of support. For those looking for more details on eligibility requirements, we encourage you to visit our website at . Becoming a member opens up a world of benefits from personalized service to competitive rates on loans and savings accounts. It's not just about banking; it's about being part of something bigger. Ready to take the next step? Opening an account is straightforward and can be done online by visiting https://firstnewyork.loanspq.com/apply.aspx?enc=kw21wblm1yxpjjabdozad4hzayernesmgw-f2ttpe88-imhyfipwofrmzrkudbcyi_r3xzknvpw7citqirwqqw_4kdib3m5x70wtehzik2mqlqcdcpzdzifti9felggiukm-mgkogwcsc2xbpwnb0sjffiabzqg9azknd4_bvf4yiqdugqfmu9c8mnmekecd . If you have any questions or need assistance, feel free to give us a call at (518) 393-1325. We're here to help you every step of the way!

Business Banking & Commercial Services

Business Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $93 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $1 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $46,079,795, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services

In today's fast-paced market, efficient payment processing is crucial. Our merchant services offer tools that simplify transactions, allowing you to focus on what matters most running your business. Imagine easily accepting payments from customers anywhere, whether in-store or online. This convenience not only enhances customer satisfaction but also boosts your sales potential. Visit us at 1776 Union St Schenectady Ny 12309 in Schenectady, NY, or call us at (518) 393-1325 to learn how our business banking and commercial services can help you thrive!

Comprehensive List Of Services

ATM and Drive-Thru Services

Need cash quickly? Our ATM services allow you to withdraw funds or check balances anytime. Plus, if you prefer handling transactions in person but want to save time, our drive-thru banking offers basic services like deposits and withdrawals without leaving your vehicle.

Business Banking

For entrepreneurs, our business banking services include merchant services and business loans to support your ventures. We understand the challenges businesses face, and we're here to provide the financial solutions you need to succeed.

Digital Banking Features

In today's fast-paced world, convenience is key. With our online and mobile banking platforms, managing your finances is just a click away. You can easily access your accounts, make transfers, pay bills, and even utilize person-to-person payment options all from the comfort of your home or on the go.

Loans and Credit

Understanding the importance of financial flexibility, we provide personal loans and debt consolidation options that can help simplify your monthly payments. Our credit cards come with rewards that enhance your purchasing power while keeping your spending in check.

Personal Banking

When it comes to personal banking, First New York has you covered. We offer checking and savings accounts that suit various needs, ensuring your money works for you. For those looking to purchase a new vehicle or refinance an existing one, our auto loans and vehicle financing options can help make that dream car a reality without straining your budget. If you're considering buying a home, our mortgage loans and refinancing services are tailored to guide you through the process smoothly.

Shared Branch Transactions

As part of our commitment to accessibility, we also offer shared branch transactions for partner credit union members. This means that even when you're away from home, you can still make deposits or withdrawals conveniently. At First New York, we strive to be more than just a financial institution; we aim to be your trusted partner in achieving financial wellness. Whether you're looking for personal banking solutions or business support, we're here for you every step of the way. We invite you to visit us at 1776 Union St Schenectady Ny 12309 or give us a call at (518) 393-1325. Discover how we can assist you today!

Digital & Online Banking

Access Anytime, Anywhere

With our 24/7 online banking services, you can access your accounts whenever it suits you. Whether you're checking balances, transferring funds, or paying bills, everything is just a click away at https://www.firstnewyork.org/ . Our user-friendly platform ensures that you can navigate through your financial activities with ease.

Convenient Mobile Solutions

Don't forget about our mobile application! Available on both iOS and Android, it puts all the power of our online banking services right in your pocket. You can make person-to-person transfers with ease ideal for splitting bills or sending money to friends and family. At First New York, we're committed to providing accessible and user-friendly digital banking solutions that fit into your lifestyle. Join us today and experience the freedom of managing your finances anytime, anywhere!

Secure Transactions

Your security is paramount to us. We provide electronic signature authorization for important documents, allowing you to sign securely without the hassle of printing and mailing. Plus, our mobile payments feature lets you pay for purchases quickly and safely right from your smartphone.

Stay Updated

Keeping track of your finances has never been simpler. Sign up for e-statements to receive your account statements electronically, giving you immediate access while also helping the environment. With real-time updates on transactions and balances, you'll always know where you stand financially.

Financial Strength

Growing Membership Base

Total Share and Deposit Accounts stand at 65,119, showing a strong and growing member base that trusts us with their finances. Net Shares (Funds available for lending and investments) amount to $627,216, further highlighting our ability to support our members' needs. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, First New York is your trusted partner. Visit us at 1776 Union St Schenectady Ny 12309 or call (518) 393-1325 to learn more about how we can help you achieve your financial goals. *Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results.*

Investment in Future Growth

With $44,305,464 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports your financial goals across various sectors with $3,747 in used auto loans and $361,352,593 in total loans and leases.

Member-Centric Savings Options

Members' savings are secured through $85,143,994 in share certificates and $47,056,704 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our operational efficiency is reflected in our $0, which enables us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 118 full-time employees and 14 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Solid Financial Health

With a net worth of $45,713,612, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $941 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Additional Services

If you're considering refinancing or exploring eligibility options for any of our loan products, our team is ready to assist you with personalized advice tailored to your situation. We aim to make your borrowing experience straightforward and beneficial. Our dedicated staff is available at 518-393-1325 during lobby hours: Monday-Thursday from 9:00 AM to 5:00 PM, Friday from 9:00 AM to 6:00 PM, and Saturday from 9:00 AM to 1:00 PM. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. We invite you to explore these lending opportunities further by visiting us at our branch or checking out more details on our website here. Your financial goals are within reach with First New York!

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $59,274,956 in used vehicle loans and $29,064,485 in new vehicle loans already helping members get on the road. Whether it's a brand-new model or a reliable used vehicle, our financing options can make your purchase smoother.

Business Financing

For business owners, our outstanding commercial loans totaling $46,079,795 provide the capital needed to grow and expand. We know how important access to funds is for businesses, and we're here to support your entrepreneurial efforts.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $101,150,144, make buying or refinancing simple. We provide clear guidance through the process and are committed to finding the right solution for your housing needs.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $12,206,162 in loans helping members manage their finances effectively. These cards come with competitive rates and rewards that can benefit you every time you use them.

Loan Aggregator

Accurate Comparisons

Loan data on LendMesh is sourced directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov ), ensuring fair and transparent offers. By focusing on verified lenders, LendMesh guarantees that users receive accurate information when comparing different loan options.

Benefits of Using LendMesh

- Verified Data: Loan offers are sourced from legitimate financial institutions, ensuring transparency. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results. - Real-Time Rate Comparisons: Up-to-date loan rates from multiple institutions help users make informed decisions. Thousands of users trust LendMesh for loan comparisons. One member shared, "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" This kind of feedback underscores the tool's effectiveness in helping individuals secure the best possible loan options. Compare real-time loan offers today at LendMesh and find the best rates for your needs. *Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.*

FIRST NEW YORK FEDERAL CREDIT UNION