BankingStats

Credit union

Italo-American Federal Credit Union

Glendale, New York, Queens County, NY

$42M in total assets and 598 members, the 2,548th largest of 4,298 US credit unions and 143rd of 268 headquartered in New York.

NCUA charter
110
Charter
Federal
Chartered
1935
NCUA insured since
1971
Field of membership
Associational - other than faith based or fraternal
Low-income designation
Yes
Website
http://www.italoamericanfcu.com

At a glance

Compared with 117 federally insured credit unions in New York with under $100 million in assets, as of June 30, 2026.

Measure This credit union Percentile Peer range, middle 90% Peer median
Total assets $42M 56% $36M
Loans $35M 85% $14M
Deposits (shares) $36M 56% $30M
Members 598 2% 2,651
Return on assets 1.40% 79% 0.85%
Net interest income to assets 2.21% 3% 3.74%
Efficiency ratio 41.8% 2% 78.3%
Net worth ratio 14.61% 72% 12.04%
Loans to shares 98% 98% 52%
Cost of deposits 3.42% 98% 0.72%

Ratios are annualized from year-to-date figures. Return on assets uses average assets, as NCUA does. Cost of deposits includes dividends on shares.

Growth

Total assets grew 8.7% a year over 10 years and 7.0% a year over the last 5, without mergers. Membership fell 0.6% a year over 5 years, to 598.

Where they operate

0 branches in 0 counties.

Branches by year

Year endBranchesChange
20161
202310

Member-serving offices as listed in NCUA call reports. Changes include branches gained in mergers.

Earnings and credit

Return on assets

Year to date, annualized, with the peer median.

Credit and capital

This credit unionPeer median
Delinquent loans, 60+ days0.00%0.73%
Net worth ratio14.61%12.04%
Loans to shares98%52%

Delinquent loans are two or more months past due. Net worth is NCUA's capital measure for credit unions.

Credit unions of similar size in New York

Figures as of June 30, 2026 from the credit union's NCUA call report (Form 5300), NCUA's credit union locator and FFIEC merger records.