Business Details
44 Years
experience
Your Trusted Financial Partner in New York
NYU Federal Credit Union has served the NYU community since 1982, providing accessible financial services to faculty, staff, students, alumni, and their families. As a member-owned cooperative, we prioritize financial well-being through competitive products, personalized support, and community-focused initiatives. Our leadership, including CEO Mira Ness, has transformed the institution from a declining entity into a $70 million asset credit union with over 10,000 members.We operate under a volunteer board of directors and maintain certifications as a Community Development Financial Institution (CDFI), Minority Depository Institution (MDI), and Low-Income Designation (LID) organization. Our services include savings accounts, loans, mortgages, and digital banking tools designed to meet diverse financial needs while adhering to strict regulatory standards and federal insurance protections.
Services
Savings Accounts
Auto Loans
Mortgages
Credit Cards
Business Banking
Digital Banking
Home Equity Loans
Personal Loans
Student Banking
Investment Services
Details
- Year established: 1982
Highlights and features
- We exclusively serve the NYU community with tailored financial solutions
- Our CDFI certification demonstrates commitment to underserved populations
- Competitive rates on savings, loans, and mortgage products
- 24/7 mobile banking with Zelle and mobile check deposit
- Community-focused governance with member-elected board oversight
Associations and certifications
- Community Development Financial Institution (CDFI)
- Minority Depository Institution (MDI)
Services
Savings Accounts
Our savings accounts offer flexible options for short-term and long-term financial goals. With no minimum balance requirements for regular accounts and tiered interest rates for money market accounts, members can choose the best fit for their needs. All accounts receive federal insurance up to $250,000 through the National Credit Union Administration.
Auto Loans
We provide competitive financing for new and used vehicles with terms up to 84 months. Special rates apply for electric vehicles and qualified borrowers. Our loan programs include refinancing options and flexible payment protection plans to ensure reliable transportation solutions for NYU community members.
Mortgages
Our mortgage suite offers financing for primary residences across all 50 states up to $3 million. Features include down payment assistance programs, homebuyer grants, and equity loan options. We specialize in conventional mortgages, home equity lines of credit, and renovation financing tailored to New York's housing market.
Credit Cards
We offer multiple credit card options with competitive APRs and rewards programs. The Secured MasterCard helps build credit history while premium cards provide travel benefits and cashback rewards. All cards include zero liability protection and mobile payment capabilities through the NYU FCU app.
Digital Banking
Our mobile app enables 24/7 account management with features like mobile check deposit, bill payment, and Zelle transfers. Members can access real-time balances, set up alerts, and securely message our team through encrypted communication channels. The platform supports both personal and business account management.
People
Mira Ness
CEO & Board Member
Mira Ness has led NYU FCU's transformation since 2006, expanding services from basic loans to comprehensive financial solutions while maintaining community focus.
Richard Vogel
Board Chair
Richard Vogel brings extensive NYU academic leadership experience to guide strategic decisions as Chair of the member-elected Board of Directors.
Eugenia Mejia
Vice Chair
Eugenia Mejia contributes financial expertise from her role as NYU College of Dentistry's Assistant Dean for Admission and Enrollment Management.
Julia Ostrovskiy
Chief Member Experience Officer
Julia Ostrovskiy leads customer service initiatives to ensure exceptional member experiences across all NYU FCU service channels.
Rosa Campo
Chief Financial Officer
Rosa Campo oversees financial operations with expertise in managing complex financial systems for large educational institutions.
Questions
Who is eligible for NYU FCU membership?
Current NYU faculty, staff, students, alumni, retirees, and their immediate family members qualify. Eligibility also extends to household members sharing 50% of expenses with existing members.
What digital banking features are available?
Our mobile app offers balance checks, transfers, mobile check deposit, bill payment, card management, and secure messaging with our team 24/7.
Do you offer mortgage down payment assistance?
Yes, we provide down payment assistance loans allowing qualified borrowers to purchase homes with 10% down payment while avoiding private mortgage insurance requirements.
What loan types are available for NYU community members?
We offer auto loans, mortgages, home equity loans, personal loans, and business loans with competitive rates tailored to NYU faculty, staff, and students.
How does NYU FCU support financial education?
As a CDFI, we provide financial literacy resources, budgeting tools, and personalized counseling to help members achieve long-term financial stability.
Can I keep my account after leaving NYU?
Yes, NYU FCU membership is lifelong - you retain access to all services even after graduating, retiring, or leaving NYU employment.
