Credit union · NCUA insured
NextStep Federal Credit Union
Top CarrotA $107.1M credit union headquartered in Troy, NY, with 4,313 members and 2 branches in New York. Best rates: CDs 3.92% and savings 0.25% APY.
NextStep Federal Credit Union Carrot Score
Carrot ScoreTop Carrot
Higher than 83% of U.S. banks and credit unions
#4 of 25 in Albany, NY metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About NextStep Federal Credit Union
NextStep Federal Credit Union serves the Capital Region with branch locations in Albany and Troy, New York.
- Headquarters
- 150 Defreest Dr, Troy, NY 12180
- NCUA charter
- 9486
Branches
2 branches in New York
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New York
2 branches
- Albany Branch325 Washington Avenue Ext, Albany, NY 12205Directions
- Troy Branch150 Defreest Dr, Troy, NY 12180Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 10.07% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 1.72% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 1.21% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $37 | $76 | — |
- CapitalNet worth ratio10.07%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late1.72%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets1.21%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$37Peers’ middle $76
Compared with the 1,338 credit unions with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of NextStep Federal Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.