Credit union · NCUA insured
Qside FCU
Top CarrotA $53.7M credit union headquartered in Queens Village, NY, with 6,843 members and 1 branch in New York. Best rates: CDs 3.97% and savings 0.75% APY.
Qside FCU Carrot Score
Carrot ScoreTop Carrot
Higher than 77% of U.S. banks and credit unions
#42 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 Qside FCU
Qside Federal Credit Union was originally chartered in 1940 as Waterside Federal Credit Union by employees from Con Edison's Waterside Power Plant.
The credit union's field of membership includes people who live and work in the local Queens community as well as individual employee groups.
- Headquarters
- 21131 Jamaica Ave, Queens Village, NY 11428-1621
- NCUA charter
- 3947
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This may be incomplete or out of date, so check with the credit union before you apply.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
- Businesses and other legal entities located within the designated borders are eligible.
- People who live, work, worship, or study at institutions located within specified borders of the Queens community are eligible.
Employers and groups
- Employees, retirees, and tenant-stockholders of Big Six Towers Housing Corporation, Inc. are eligible.
- Employees and retirees of Clean Harbors Environmental Services, Inc. who work in or are paid from Brooklyn, New York are eligible.
- Employees and retirees of Consolidated Edison, Inc. and specified wholly owned subsidiaries working in Bronx, Kings, New York, Queens, Richmond, and Westchester Counties, NY are eligible.
- Employees and retirees of Cummins Allison Corporation are eligible.
6 more ways to join
Employers and groups
- Employees, retirees, and tenant/members of Deepdale Gardens Community Council, Inc. in Little Neck, NY are eligible.
- Employees and retirees of Long Island Water Corporation working in Lynbrook, New York are eligible.
- Employees and retirees of Queensboro Toyota are eligible.
Military, government and schools
- Employees and retirees of New York Power Authority working at the Indian Point Nuclear Power Plant #3 or the Charles Poletti Power Plant #6 in Buchanan or Astoria, New York are eligible.
Family and household
- Family members of current Qside members (husband or wife, children, siblings, parents, grandparents, grandchildren, and their spouses) are eligible.
Other ways
- Individuals can qualify for membership by joining the American Consumer Council (ACC), with the $15 fee waived using promo code 'Qside'.
Branches
1 branch in New York
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New York
1 branch
- Qside Federal Credit UnionMain office21131 Jamaica Ave, Queens Village, NY 11428Directions
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 | 11.53% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 0.42% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | 3.18% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $70 | $59 | — |
- CapitalNet worth ratio11.53%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late0.42%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets3.18%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$70Peers’ middle $59
Compared with the 2,478 credit unions with under $100 million 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 Qside FCU are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.