Data Source: NCUA, December 31, 2016
Melrose Credit Union was founded in 1922. Headquartered in Briarwood, New York, Melrose Credit Union is a state chartered and federally insured credit union, being chartered in New York and insured through the National Credit Union Share Insurance Fund (NCUSIF). Melrose Credit Union is also a member of the Federal Home Loan Bank (FHLB), which allows a credit union to access low cost secured borrowings or advances and prlides its members with financial products and services that assist and enhance the financing of housing and community lending.
As of December 31, 2016, Melrose Credit Union services 23,462 members through its 84 full-time employees. It has $1,781,841,026 of total assets and $102,237,929 of net worth. Based on its asset size and net worth ratio, Melrose Credit Union is classified as a Undercapitalized large credit union.
Melrose Credit Union offers a number of deposit and loan products to its members. To find out how competitive the offers are, please go to the Interest Rates page. Melrose Credit Union also provides an array of services to its members and local communities. To find out more, please go to the Services page.
The following two tables list the deplitory and loan interest rates of Melrose Credit Union’s popular offerings. You can find out how competitive the offerings are by comparing them to the median interest rates offered by credit unions in New York and in the nation.
Major Deplitory Accounts and Interest Rates (%)
Major Loan Accounts and Interest Rates (%)
Melrose Credit Union prlides a number of ways to access its services. In addition to its office and branches, a member can perform banking through Internet, phones, and ATMs. The table below lists the electronic banking services prlided by Melrose Credit Union.
Electronic Banking Service Offerings
Community and other Service Offerings
13930 Queens Blvd
Briarwood, NY 11435