Company Information

Get to know Family First of NY Federal Credit Union

Founded in 1970 as the Penfield-Perinton Federal Credit Union, Family First of NY Federal Credit Union is a not-for-profit financial cooperative dedicated to serving its members. As a member-owned institution, its profits are returned to members in the form of lower loan rates, higher savings rates, and fewer fees. The credit union's mission is to provide quality and competitive financial services to meet the changing needs of its members, while maintaining a sound financial position. It offers a comprehensive suite of personal and business financial products, including savings and checking accounts, loans, mortgages, and investment services.

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Financial BankingPRIMARY
Financial Other Service

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Family First of NY Federal Credit Union

United States

Founded in

1969 (57 Years)

Founded

Last online: No recent activity

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Markets.com

(326 reviews)

United States

2008

(18 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.