FIRST NEW YORK
Charter #2440 · Albany, NY · $500M-$1B
Public 5300 data · as of 2026Q1
What the numbers say
- Net interest margin of 3.85% ranks in the 77th percentile among structurally similar credit unions — a relative strength.
- Cost of funds of 1.03% ranks in the 18th percentile among structurally similar credit unions — a relative strength.
- Efficiency ratio of 87.43% sits at the 80th percentile of structural peers — worth a closer look.
- On Loan-to-share, the asset-size band puts this credit union at the 53rd percentile but its structural peers at the 38th — a 15-point gap showing why the peer definition matters.
Headline ratios vs. peers
Two peer definitions side by side: the NCUA asset-size band, and Innorve's structural peers matched on loan mix, size, growth and geography.
| Metric | FIRST NEW YORK | Asset-tier percentile | Structural percentile |
|---|---|---|---|
| Total assets | $556.26M | 16th pct | 26th pct |
| Members | 39,123 | 44th pct | 52th pct |
| Net worth ratio | 9.45% | 28th pct | 38th pct |
| Return on average assets | 0.46% | 34th pct | 28th pct |
| Net interest margin | 3.85% | 75th pct | 77th pct |
| Cost of funds | 1.03% | 24th pct | 18th pct |
| Loan-to-share | 83.05% | 53th pct | 38th pct |
| Delinquency 60+ days | 0.52% | 42th pct | 39th pct |
| Net charge-off ratio | 0.23% | 25th pct | 28th pct |
| Loan growth YoY | 5.90% | 92th pct | 84th pct |
| Share growth YoY | 11.33% | 97th pct | 92th pct |
| Efficiency ratio | 87.43% | 84th pct | 80th pct |
structural peer set hash: cb15714c0d43d9f4a90a011802c79fc2… (reproducible)
Closest structural peers
This is the free public view
Claim FIRST NEW YORK
Unlock the full operating picture — scenario modeling, deposit & collections packs, the governed action framework, and an exam-ready evidence binder with every number traced to its basis.
Source: public NCUA 5300 Call Report data, cycle 2026Q1. Figures are computed deterministically by Innorve and may differ from figures the institution reports elsewhere. This page is informational and is not endorsed by the credit union or the NCUA.