Credit union · NCUA insured
Palisades Credit Union
Top CarrotA $207M credit union headquartered in Pearl River, NY, with 12,265 members and 3 branches in New York. Best rates: CDs 5.00% and savings 1.00% APY.
Palisades Credit Union Carrot Score
Carrot ScoreTop Carrot
Higher than 81% of U.S. banks and credit unions
#32 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 Palisades Credit Union
Palisades Credit Union was founded and chartered on May 1, 1941 as Lederle Employees Federal Credit Union by employees of American Cyanamid Company.
Renamed Palisades Federal Credit Union in 1995, it became Rockland County's first community-chartered credit union in 2002 and expanded into Bergen County in 2017.
Headquartered in Pearl River, New York, the credit union serves Rockland County, New York, and Bergen County, New Jersey.
- Headquarters
- 1 Blue Hill Plz, Pearl River, NY 10965-3104
- NCUA charter
- 4480
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Individuals who live, work, worship, or study in Rockland County, NY or Bergen County, NJ are eligible for membership.
Employers and groups
- Employees of Select Employer Groups (SEGs) are eligible to join.
Family and household
- Individuals who have an immediate family member who is already a member are eligible to join.
- Individuals who live with someone who qualifies for membership are eligible to join.
Cost to join
- Membership is free with a $5 minimum deposit required to open a savings account.
Branches
3 branches in New York
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New York
3 branches
- Nanuet240 E Route 59, Nanuet, NY 10954Directions
- New City244 S Main St, New City, NY 10956Directions
- Orangeburg16 Orangetown Shopping Ctr, Orangeburg, NY 10962Directions
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 | 9.01% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.93% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 0.00% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $90 | $76 | — |
- CapitalNet worth ratio9.01%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.93%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets0.00%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$90Peers’ 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 Palisades Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.