Palisades
Palisades is a credit union based in Pearl River, New York, established in 1941, with $207 million in total assets serving 12,265 members. By Trust Grade it ranks 236th of 267 credit unions we track in New York. Its net worth ratio of 9.2% trails most similarly sized credit unions (18th percentile), versus a New York median of 12%. It posted a loss over the most recent period (-0.12% return on assets), a point to watch. No consumer complaints against Palisades appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Palisades compares to New York peers
How we graded Palisades
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (9.2% capital ratio)
- Unprofitable over the period (ROA -0.12%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Palisades over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Palisades insured?
Yes. Palisades 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.
Palisades: frequently asked questions
Is Palisades a good credit union?
Palisades earns a Bankzia Trust Grade of C (79/100, "Average"), based on a financial-strength score of 79/100 (it has no CFPB complaints on record). Well-capitalized (9.2% capital ratio); Unprofitable over the period (ROA -0.12%).
Is Palisades NCUA-insured?
Yes. Palisades 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 Palisades?
Palisades holds $207 million in total assets, ranking 236th of 267 credit unions we track in New York. It serves 12,265 members.
Does Palisades have CFPB complaints?
No CFPB complaints against Palisades 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.
