Sep, 30, 2025 — NASSAU FINANCIAL FEDERAL CREDIT UNION is a federal credit union headquartered in EAST MEADOW, NY with 5 branch locations and about $331.77 million in total assets. Opened 90 years ago in 1936, NASSAU FINANCIAL FEDERAL CREDIT UNION has about 14,560 members and employs 69 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | NASSAU FINANCIAL FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 2575 Hempstead Tpke EAST MEADOW, NY 11554-2156 |
| Phone: | (516) 742-4900 |
| Fax: | (516) 796-4901 |
| Website: | https://www.nassaufinancial.org |
| Branches: | 5 branch locations |
| Members: | 14,560 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 1404 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1936 |
| Last Audited: | Apr 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $331,771,883 |
| CEO/Manager: | John T DeCelle |
| Chairperson: | Paul Egerter |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 24,658,901 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 161,232,080 |
| Unsecured Loans | 13,475,495 |
| Other Loans | 42,445,239 |
| TOTAL LOANS | 217,152,814 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,773,252 |
| Land And Building | 5,399,819 |
| Other Fixed Assets | 10,268,373 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 3,100,557 |
| All Other Assets | 388,473 |
| TOTAL ASSETS | 331,771,883 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,326,368 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 63,512,991 |
| Regular shares | 103,771,389 |
| All Other Shares & Deposits | 149,763,142 |
| TOTAL SHARES & DEPOSITS | 317,047,521 |
| TOTAL LIABILITIES | 319,373,889 |
| Regular Reserve | 0 |
| Other Reserves | -8,347,641 |
| Undivided Earnings | 20,745,635 |
| TOTAL EQUITY | 12,397,994 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 331,771,883 |
| INCOME & EXPENSE | |
| Loan Income | 8,839,662 |
| Investment Income | 1,942,751 |
| Other Income | 1,356,725 |
| Total Employee Compensation & Benefits | 5,136,309 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 5,157,300 |
| Non-operating Income & (Expense) | 433,036 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 15,996 |
| Cost of Funds | 2,201,645 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 60,924 |
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