Nassau Financial
Nassau Financial is a credit union based in East Meadow, New York, established in 1936, with $336 million in total assets serving 14,275 members. By Trust Grade it ranks 262nd of 267 credit unions we track in New York. Its net worth ratio of 6.3% trails most similarly sized credit unions (0th percentile), versus a New York median of 12%. It posted a loss over the most recent period (-0.22% return on assets), a point to watch. No consumer complaints against Nassau Financial appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Nassau Financial compares to New York peers
How we graded Nassau Financial
The Trust Grade blends financial strength with complaint history. Full methodology →
- Below the well-capitalized threshold (6.3%)
- Unprofitable over the period (ROA -0.22%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Nassau Financial over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Nassau Financial insured?
Yes. Nassau Financial is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Nassau Financial: frequently asked questions
Is Nassau Financial a good credit union?
Nassau Financial earns a Bankzia Trust Grade of D (62/100, "Below average"), based on a financial-strength score of 62/100 (it has no CFPB complaints on record). Below the well-capitalized threshold (6.3%); Unprofitable over the period (ROA -0.22%).
Is Nassau Financial NCUA-insured?
Yes. Nassau Financial is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Nassau Financial?
Nassau Financial holds $336 million in total assets, ranking 262nd of 267 credit unions we track in New York. It serves 14,275 members.
Does Nassau Financial have CFPB complaints?
No CFPB complaints against Nassau Financial appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
