Credit union
Usalliance Federal Credit Union
Rye, New York, Westchester County, NY
$3.4B in total assets and 195,739 members, the 149th largest of 4,298 US credit unions and 11th of 268 headquartered in New York.
- NCUA charter
- 17587
- Charter
- Federal
- Chartered
- 1966
- NCUA insured since
- 1971
- Field of membership
- Multiple common bond - other
- Low-income designation
- Yes
- Website
- http://www.USAlliance.org
At a glance
Compared with 20 federally insured credit unions in New York with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This credit union | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $3.4B | 65% | $2.4B | |
| Loans | $3.0B | 65% | $1.5B | |
| Deposits (shares) | $2.6B | 60% | $2.1B | |
| Members | 195,739 | 60% | 113,644 | |
| Return on assets | 0.67% | 35% | 0.74% | |
| Net interest income to assets | 2.40% | 10% | 3.22% | |
| Efficiency ratio | 67.4% | 45% | 70.3% | |
| Net worth ratio | 8.32% | 2% | 10.34% | |
| Loans to shares | 116% | 98% | 84% | |
| Cost of deposits | 3.25% | 98% | 1.88% |
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 11.1% a year over 10 years and 10.4% a year over the last 5, including 3 mergers in the last 10 years. Membership grew 8.9% a year over 5 years, to 195,739.
Dashed lines mark larger mergers, listed below.
Mergers and acquisitions
| Closed | Absorbed | Assets at last filing |
|---|---|---|
| Mar 2023 | Marriott Employees Federal Credit Union Credit union, Bethesda, MD | $193M |
| Feb 2018 | First Jersey Credit Union Credit union, Wayne, NJ | $86M |
| Aug 2017 | Love Gospel Assembly Federal Credit Union Credit union, Bronx, NY | $62K |
| Mar 2015 | Pepsico Employees Federal Credit Union Credit union, Purchase, NY | $36M |
| Jul 2014 | Greater West Haven Federal Credit Union Credit union, West Haven, CT | $22M |
| Jun 2013 | New York Metro Federal Credit Union Credit union, New York, NY | $13M |
| May 2013 | Unitehere Federal Credit Union Credit union, New York, NY | $970K |
| Nov 2012 | El Barrio Federal Credit Union Credit union, New York, NY | $1M |
| Jan 2012 | Eastern New York Federal Credit Union Credit union, failed, Napanoch, NY | $50M |
Where they operate
7 branches in 5 counties.
Largest counties by branches
| County | Branches | Share of all branches | Rank |
|---|---|---|---|
| Westchester County, NY | 3 | 1.1% | 18 of 53 |
| South Central Connecticut Planning Region, CT | 1 | 0.6% | 21 of 45 |
| Middlesex County, MA | 1 | 0.2% | 51 of 79 |
| Bronx County, NY | 1 | 0.8% | 17 of 28 |
| Ulster County, NY | 1 | 1.6% | 14 of 24 |
Credit unions do not report deposits by branch, so these are branch counts: this credit union's branches against every bank and credit union branch in the county. Rank is among all banks and credit unions with a branch there.
Branches by year
| Year end | Branches | Change |
|---|---|---|
| 2016 | 20 | |
| 2017 | 19 | −1 |
| 2018 | 19 | 0 |
| 2019 | 14 | −5 |
| 2020 | 14 | 0 |
| 2021 | 9 | −5 |
| 2022 | 9 | 0 |
| 2023 | 9 | 0 |
| 2024 | 9 | 0 |
| 2025 | 7 | −2 |
| Jun 2026 | 7 | 0 |
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 union | Peer median | |
|---|---|---|
| Delinquent loans, 60+ days | 0.84% | 0.87% |
| Net worth ratio | 8.32% | 10.34% |
| Loans to shares | 116% | 84% |
Delinquent loans are two or more months past due. Net worth is NCUA's capital measure for credit unions.
Related
Credit unions of similar size in New York
Most branches in Westchester County, NY
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.