Credit union · NCUA insured
Ocean Financial Federal Credit Union
Top CarrotA $401.5M credit union headquartered in Oceanside, NY, with 14,135 members and 4 branches in New York. Best rates: CDs 4.25% and savings 1.25% APY.
Ocean Financial Federal Credit Union Carrot Score
Carrot ScoreTop Carrot
Higher than 84% of U.S. banks and credit unions
#29 of 161 in New York, NY-NJ metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Ocean Financial Federal Credit Union
Ocean Financial Federal Credit Union serves as a Catholic credit union in New York.
- Headquarters
- 45 Atlantic Ave, Oceanside, NY 11572-2035
- NCUA charter
- 19269
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Employees of Catholic Cemeteries of Long Island, as well as volunteers and their families, are eligible for membership.
- Employees of Catholic Charities of the Diocese of Rockville Centre, as well as volunteers and their families, are eligible for membership.
- Employees of Catholic Faith Network who work in, or are paid or supervised from Uniondale, NY, as well as volunteers and their families, are eligible for membership.
- Employees of Catholic Health who work in, or are paid or supervised from Rockville Centre, NY, as well as volunteers and their families, are eligible for membership.
- Employees of the Catholic Medical Mission Board in New York, NY, as well as volunteers and their families, are eligible for membership.
- Employees of Catholic Youth Organization of Long Island (CYO-LI) who work in, or are paid or supervised from Hicksville, NY, as well as volunteers and their families, are eligible for membership.
16 more ways to join
Employers and groups
- Employees, volunteers, and participants of Diocesan Information Systems Conference, as well as their families, are eligible for membership.
- Parishioners and employees of the Diocese of Rockville Centre (all parishes within the DRVC across Nassau & Suffolk Counties), as well as volunteers and their families, are eligible for membership.
- Members of Friends of Catholic Education Association, as well as their families, are eligible for membership.
- Brothers and Members of the Ladies Auxiliary at any Knights of Columbus council in New York State, as well as their families, are eligible for membership.
- Parishioners and employees of Our Lady Queen of Peace in Staten Island, NY, as well as volunteers and their families, are eligible for membership.
- Employees and members of Sacred Heart Church in Island Park, NY, as well as volunteers and their families, are eligible for membership.
- Employees and the Board of Directors of Westco Financial Group who work in or are paid or supervised from Lynbrook, NY, as well as volunteers and their families, are eligible for membership.
Military, government and schools
- Students and employees of Bishop Ford High School in Brooklyn, NY, as well as volunteers and their families, are eligible for membership.
- Students and employees of Christ the King Regional High School in Middle Village, NY, as well as volunteers and their families, are eligible for membership.
- Employees and members of Maria Regina School and Parish Office in Seaford, NY, as well as volunteers and their families, are eligible for membership.
- Employees of and students attending Molloy University in Rockville Centre, NY, as well as volunteers and their families, are eligible for membership.
- Students and employees of Nazareth High School in Brooklyn, NY, as well as volunteers and their families, are eligible for membership.
- Employees and members of St. Christopher School and Parish Office in Baldwin, NY, as well as volunteers and their families, are eligible for membership.
- Students and employees of St. Francis Preparatory School in Flushing, NY, as well as volunteers and their families, are eligible for membership.
- Students and employees of Xaverian High School in Brooklyn, NY, as well as volunteers and their families, are eligible for membership.
Family and household
- Families of employees and volunteers of eligible affiliated organizations are eligible for membership.
Branches
4 branches in New York
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New York
4 branches
- OceansideMain office45 Atlantic Ave, Oceanside, NY 11572Directions
- Mercy Hospital1000 N Village Ave, Rockville Centre, NY 11570Directions
- Molloy University1000 Hempstead Ave, Rockville Centre, NY 11570Directions
- Seaford4050 Merrick Rd, Seaford, NY 11783Directions
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 | 8.17% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 2.21% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 0.12% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $77 | $76 | — |
- CapitalNet worth ratio8.17%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late2.21%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets0.12%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$77Peers’ 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 Ocean Financial 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.