Credit union · NCUA insured
Ulster Federal Credit Union
A $176.9M credit union headquartered in Kingston, NY, with 6,975 members and 3 branches in New York. Best rates: CDs 3.50% and savings 0.10% APY.
Ulster Federal Credit Union Carrot Score
68
Carrot Score
Higher than 21% of U.S. banks and credit unions
#9 of 17 in Kingston, NY metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Ulster Federal Credit Union
Serving its community since 1940 as Ulster County's first credit union, Ulster Federal Credit Union operates branches in Kingston, Saugerties, and New Paltz, New York.
- Headquarters
- 127 Schwenk Dr, Kingston, NY 12401
- NCUA charter
- 21694
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This may be incomplete or out of date, so check with the credit union before you apply.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
- Membership is open to anyone who lives, works, worships, or attends school in Ulster County, New York.
Employers and groups
- Membership is open to businesses and other legal entities in the Ulster County community.
Family and household
- Membership extends to members' families—including spouse, children, grandchildren, siblings, parents, grandparents, and members of the immediate household—regardless of where they live.
Cost to join
- A deposit of $1.00 is required for the member savings account upon opening an account.
Branches
3 branches in New York
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New York
3 branches
- Schwenk DrMain office127 Schwenk Dr, Kingston, NY 12401Directions
- Ulster Avenue807 Ulster Ave, Kingston, NY 12401Directions
- Saugerties9W Simmons Plz, Saugerties, NY 12477Directions
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 | 10.33% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.81% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 0.63% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $26 | $76 | — |
- CapitalNet worth ratio10.33%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.81%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets0.63%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$26Peers’ 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 Ulster 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.