Northeastern Operating Engineers Federal Credit Union

A short history of Northeastern Operating Engineers FCU

Since its inception in 1974 the Northeastern Operating Engineers Federal Credit Union has been serving its members in the WHITESTONE, New York area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by TIMOTHY FAUGHNAN, the Northeastern Operating Engineers FCU has grown its membership to over 3,953 with assets of more than $73,144,153. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (718) 847-8484 or email them at eileen@nefcuny.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in WHITESTONE, NY.

General Information For Northeastern Operating Engineers FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Compare Northeastern Operating Engineers Federal Credit Union To Other Local Credit Unions

Credit Union Name	Branch Name	Address	Zip Code	Phone Number	ATM Access	Distance (Miles)
Triboro Postal CU	AMF Kennedy Branch	250 N Boundary Rd	11352	(718) 995-5088	No	0.90
Korean American Catholics CU	Korean Amercian Catholics FCU	14419 33rd Ave	11354	(718) 353-7676	No	1.46
Paul Quinn CU	Paul Quinn Federal Credit Union	10616 Guy R Brewer Blvd	11433	(718) 739-3353	No	1.94
Qside CU	QSIDE FEDERAL CREDIT UNION	21131 Jamaica Ave	11428	(718) 353-1300	No	2.06
Queens Cluster CU	QCLI	127 Engineers Dr	11801	(516) 750-4555	No	2.85

Northeastern Operating Engineers Federal Credit Union Financial Performance Charts

Financial Data

Northeastern Operating Engineers Federal Credit Union Lowest Loan Rates With State and USA Rankings

	Unsecured Credit Card	New Car Loans	Used Car Loans	1st Mortgage Loans	Other Real Estate
Rate	3.99	5.75	7.03	4.13	4.00
Mean Rate For All USA Based Credit Unions	10.56	3.72	5.00	4.48	4.95
Rank Among All USA Credit Unions	11	469	547	159	100
Rank Among All New York Credit Unions	1	134	149	58	33

Northeastern Operating Engineers Federal Credit Union Highest Deposit Rates With State and USA Rankings

	Checking	Regular Savings	Money Market	Certificates of Deposits	IRA/KEOGH
Rate	0.47	0.50	0.50	1.12	0.50
Mean Rate For All USA Based Credit Unions	0.19	0.26	0.29	0.73	0.66
Rank Among All USA Credit Unions	72	66	60	149	227
Rank Among All New York Credit Unions	9	17	13	27	58

Northeastern Operating Engineers Federal Credit Union Loans and Leases

Interest Rate

Number of Loans

Amount

Unsecured Credit Card Loans	3.990	203	604,172
All Other Unsecured Loans/Lines of Credit	10.110	141	568,132
Short-Term, Small Amount Loans (STS) (Federal CU Only)	0.000	0	0
Non-Federally Guaranteed Student Loans	0.000	0	0
New Vehicle Loans	5.750	9	126,111
Used Vehicle Loans	7.030	15	142,172
Total 1st Mortgage Real Estate Loans/Lines of Credit	4.130	172	41,855,892
Total Other Real Estate Loans/Lines of Credit	4.000	157	7,169,315
Leases Receivable	0.000	0	0
Total All Other Loans/Lines of Credit	2.500	10	3,740,695
TOTAL LOANS & LEASES		707	54,206,489

Northeastern Operating Engineers Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

No. of Loans Outstanding

Amt of Loans Outstanding

No. of Loans Granted Year- to-Date

Amount Granted Year-To-Date

Fixed Rate
a. > 15 years	100	23,756,232	19	5,577,400
b. 15 Years or less	15	2,930,559	2	460,000
Balloon/Hybrid
a. > 15 years	0	0	0	0
b. 15 Years or less	0	0	0	0
Other Fixed Rate	0	0	0	0
Adjustable Rate 1 yr or less	57	15,169,101	1	318,500
Adjustable Rate > 1 yr	0	0	0	0

OTHER REAL ESTATE

Closed-End Fixed Rate	0	0	0	0
Closed-End Adjustable Rate	7	100,072	0	0
Open-End Adjustable Rate	150	7,069,243	12	404,810
Open-End Fixed Rate	0	0	0	0
TOTALS	329	49,025,207	34	6,760,710

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans	0	0		0
Interest Only & Payment Option Other RE/LOC Loans	0	0		0
REVERSE MORTGAGES
a. Federally Insured Home Equity Conversion Mortgage (HECM)	0	0	0	0
b. Proprietary Reverse Mortgage Products	0	0	0	0

Northeastern Operating Engineers Federal Credit Union Member Offerings

First Time Homebuyer Program	No
Real Estate Loans	Yes
Pay Day Lending	No
Share Secured Credit Cards	Yes
Overdraft Protection/Courtesy Pay	Yes
Overdraft Lines of Credit	Yes
ATM/Debit Card Program	Yes
Interest Only and Payment Option 1st Mortgage Loans	No
Check Cashing	Yes
Money Orders	No
No Surcharge ATMs	Yes
Home Banking Via Internet Website	Yes