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iAdvertiser Disclosure
Advertiser Disclosure
Some institutions listed may have a business relationship with MonitorBankRates. Our proprietary systems independently track and verify all rates. Advertiser relationships do not influence our Safety Ratings, Star Ratings, Texas Ratio calculations, or the rates shown.
NEXT STEP Rates & Review March 2026
Content reviewed by
Brian McKay
Brian McKayFounder & Data ArchitectExpertise
Brian is the Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
Read Full Bio →
Editorial Disclosure
The rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
✓Fact Checked
Rates Last Updated: March 24, 2026
NEXT STEP's 6 month CD Accounts rates are at 3.61%, 3 month - 24 month CD Accounts rates are at 3.17%, 30 month CD Accounts rates are at 3.01%, 36 month - 60 month (with step up option) CD Accounts rates are at 3.01%. NEXT STEP's savings rates are at 0.25%. NEXT STEP's Conventional 15-Year rates are at 5.25%, Conventional 20-Year rates are at 5.38%, Conventional 30-Year rates are at 5.75%, 10/1 ARM rates are at 5.38%, 7/1 ARM rates are at 5.12%. MonitorBankRates evaluates the financial stability of NEXT STEP with a 5.0 Star Rating, an A Overall Health Grade, and a Texas Ratio of 9.07%. Rates were last updated on 03/24/2026. NEXT STEP money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at NEXT STEP? Share your experience about NEXT STEP by leaving a review below, or read customer reviews before you decide to use NEXT STEP. 
NEXT STEP CD Rates
NEXT STEP Savings Rates
NEXT STEP Mortgage Rates
NEXT STEP Home Equity & HELOC
NEXT STEP Credit Card Rates
Methodology & Data SourcesMonitorBankRates Star Rating
Our rating for NEXT STEP is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions.
Texas Ratio
We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.
Rate Data Aggregation
We gather NEXT STEP rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.
Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions.
It is always advisable to check with NEXT STEP's official website for the most current offers and terms.
Credit Union Profile & Overview
Credit Union Name
NEXT STEP
Website
http://www.nextstepfcu.org
Address
150 Defreest Dr,
Troy, NY 12180
Phone
518-286-1611
Fax
518-286-2778
President
Mary Beth Vail
CEO
Joseph Wiley
Full-Time Employees
14
Part-Time Employees
1
Branch Locations
2
ATM Locations
2
NCUA Insured
✓ Yes — Up to $250,000 per depositor
FinancialsMonitorBankRates Star Rating
5.0 / 5.0 ★
Overall Health & Safety Grade
A (95/100)
Texas Ratio
9.07%
Return on Assets (ROA)
0.3823%
Return on Equity (ROE)
3.9505%
Non-Performing Loans Ratio (NPL)
2.72%
Total Assets
105,551,711
Total Amount of Shares and Deposits
95,307,308
Total Shares and Deposits < 1 Year
90,519,980
Total Shares and Deposits 1 3 Years
3,784,960
Total Shares and Deposits > 3 Years
1,002,368
Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E)
2,928,400
Total Uninsured Shares and Deposits > $250K (F+J)
2,928,400
Total Insured Shares and Deposits > $250K (item 17 less item K)
92,378,908
Total Interest Expense (Sum of items 6 8)
587,147
Share Certificates
528
Number of Accounts for Share Drafts
2,441
IRA KEOGH Accounts
87
Number of Accounts for Regular Shares
4,147
All other shares
1,049
Money Market Shares
410
Net Income (unless the amount is already included in Undivided Earnings)
403,533
Total Cash on Deposit (Amounts Deposited in Financial Institutions)
8,571,529
Total Liabilities
95,355,429
Source: NCUA — Last Updated 09/30/2025
Frequently Asked Questions About NEXT STEPIs NEXT STEP a safe place to deposit money?Yes, NEXT STEP is considered a safe financial institution. With a Texas Ratio of 9.0667514852802%, the institution's financial health is rated as excellent. Your accounts are federally insured by the NCUA (National Credit Union Administration) up to $250,000 per depositor, for each account ownership category. How many branches does NEXT STEP operate?NEXT STEP currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes. Is a member application needed to join NEXT STEP?Yes, to access services at NEXT STEP, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations. Is there a first-time homebuyer program?Currently, NEXT STEP does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing. Are credit management and repair services offered?While formal credit repair services are not currently listed, NEXT STEP provides members with tools to manage their accounts and build a solid financial history. Does NEXT STEP offer online and mobile banking?Most modern institutions like NEXT STEP provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: http://www.nextstepfcu.org. Current NEXT STEP Rates
Retrieved from our database of financial products. Rates subject to change.
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