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Featured Savings Rates
Featured Accounts

Rockland Employees Federal Credit Union


Popular Accounts at this Credit Union

1.30%5-year CD60 Month CD
0.50%1-year CD12 Month CD
0.07%SavingsShare (Saving) Account

Overview / Commentary
170 East Central Avenue
Spring Valley, NY 10977

Rockland Employees Federal Credit Union is headquartered in Spring Valley and is the 135th largest credit union in the state of New York. It is also the 2,652nd largest credit union in the nation. It was established in 1962 and as of June of 2017, it had grown to 18 employees and 6,789 members at 3 locations. Rockland Employees Federal Credit Union has a C health rating.

Field of Membership Restrictions

Must be an employee of Rockland State Hospital in Orangeburg, New York or employees of Rockland County, Rockland Community College, and other select organizations.
See current membership details


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Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Rockland Employees Federal Credit Union has a low asset base.

Health Grade Components

NCUA #15080
Year Chartered1962
Primary Regulator
Profit Margin
Return on Assets - YTD0.88%
Return on Equity - YTD9.76%
Annual Interest Income$1.1MM
Assets and Liabilities
AssetsQ2 2017vs Q2 2016$38.0MM$36.7MM
LoansQ2 2017vs Q2 2016$25.3MM$23.5MM
DepositsQ2 2017vs Q2 2016$34.3MM$33.3MM
Equity CapitalQ2 2017vs Q2 2016$3.4MM$3.0MM
Loan Loss AllowanceQ2 2017vs Q2 2016$188.00K$164.00K
Unbacked Noncurrent LoansQ2 2017vs Q2 2016$922.00K$560.00K
Real Estate OwnedQ2 2017vs Q2 2016$0$128.00K
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Rockland Employees Federal Credit Union Savings Account Rates

0.07%--Share (Saving) Account
0.05%--Vacation Club Account
0.05%--Holiday Club Account
0.05%--Education Club Checking
0.05%--Traditional IRA
0.05%--Roth IRA
0.05%--Coverdell ESA

Rockland Employees Federal Credit Union CD Rates

1.30%$1k-60 Month CD
1.10%$1k-36 Month CD
0.80%$1k-24 Month CD
0.50%$1k-12 Month CD
0.30%$1k-6 Month CD
0.20%$1k-3 Month CD

Rockland Employees Federal Credit Union IRA Rates

1.30%$1k-60 Month IRA
1.10%$1k-36 Month IRA
0.80%$1k-24 Month IRA
0.50%$1k-12 Month IRA
0.30%$1k-6 Month IRA
0.20%$1k-3 Month IRA

Rockland Employees Federal Credit Union Locations
Branch Office51-55 N Route 9WWest Haverstraw, NY 10993-1195
Branch Office140 Old Orangeburg Rd Building 1Orangeburg, NY 10962
Branch Office170 Route 59Spring Valley, NY 10977