Far Rockaway Postal
Far Rockaway Postal is a credit union based in Far Rockaway, New York, established in 1941, with $223 thousand in total assets serving 48 members. By Trust Grade it ranks 247th of 267 credit unions we track in New York. Its net worth ratio of 21.8% is stronger than 83% of similarly sized credit unions, versus a New York median of 12%. It posted a loss over the most recent period (-27.16% return on assets), a point to watch. No consumer complaints against Far Rockaway Postal appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Far Rockaway Postal compares to New York peers
How we graded Far Rockaway Postal
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (21.8% capital ratio)
- Unprofitable over the period (ROA -27.16%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Far Rockaway Postal over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Far Rockaway Postal insured?
Yes. Far Rockaway Postal 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.
Far Rockaway Postal: frequently asked questions
Is Far Rockaway Postal a good credit union?
Far Rockaway Postal earns a Bankzia Trust Grade of C (73/100, "Average"), based on a financial-strength score of 73/100 (it has no CFPB complaints on record). Strongly capitalized (21.8% capital ratio); Unprofitable over the period (ROA -27.16%).
Is Far Rockaway Postal NCUA-insured?
Yes. Far Rockaway Postal 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 Far Rockaway Postal?
Far Rockaway Postal holds $0 million in total assets, ranking 247th of 267 credit unions we track in New York. It serves 48 members.
Does Far Rockaway Postal have CFPB complaints?
No CFPB complaints against Far Rockaway Postal 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.
