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Schenectady County Employees Federal Credit Union

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Schenectady County Employees Federal Credit Union Rates & Review September 2026

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, Schenectady County Employees Federal Credit Union provides members with tools to manage their accounts and build a solid financial history.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated and Verified: September 23, 2026

Schenectady County Employees Federal Credit Union's Personal Loan Rates are as low as 10.90%. MonitorBankRates evaluates the financial stability of Schenectady County Employees Federal Credit Union with a 4.9 Star Rating, an A- Overall Health Grade, and a Texas Ratio of 15.36%. Rates last updated and verified on 09/23/2026.

Schenectady County Employees Federal Credit Union 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 Schenectady County Employees Federal Credit Union? Share your experience about Schenectady County Employees Federal Credit Union by leaving a review below, or read customer reviews before you decide to use Schenectady County Employees Federal Credit Union.

Overall Health & Safety Grade

A-

Very Good Health Score: 91/100

MonitorBankRates Rating

4.9

Exceptional Out of 5.0 Stars

Texas Ratio

15.36%

Good Higher than avg

Health Trend

Improving 12 quarters

Full history ›

Schenectady County Employees Federal Credit Union
Schenectady County EFCU

388 Broadway
Schenectady, NY 12305

https://schcofcu.org

Schenectady County Employees Federal Credit Union Personal Loan Rates

Product	APR	Term	View More
Personal Loan	10.90%
Details Starting as low as 10.9% Last Updated 09/21/2026 Institution Ratings 4.9 Star Rating A- Health Grade ◈ Texas Ratio: 15.36%

Schenectady County Employees Federal Credit Union Other Rates

Product	Rate	Points	APY/APR	Term	View More
Loan Special	8.90%	-	8.90%
Details Borrow up to $7,500 starting as low as 8.90% Last Updated 09/21/2026 Institution Ratings 4.9 Star Rating A- Health Grade ◈ Texas Ratio: 15.36%

Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution's data from MonitorBankRates.com, please contact us here.

Financial Health History

Schenectady County Employees Federal Credit Union’s Texas Ratio fell from 16.74% in Q2 2023 to 15.36% in Q1 2026, so its financial health has improved over the past 12 quarters. Over the same period its Star Rating moved from 4.4 to 4.9 and its Health Grade from B to A-. Lower Texas Ratios are healthier; the green zone below the amber 15% line is where a credit union must stay to qualify for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures.

Swipe the chart sideways to see every quarter.

Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade15% Verified Healthy limit (green zone below = healthy)

How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops.

Show the quarterly figures

Quarter	Total assets	Texas Ratio	Star Rating	Health Grade
March 31, 2026	$6M	15.36%	4.9	A-
December 31, 2025	$5M	16.13%	4.9	A-
September 30, 2025	$5M	15.33%	5.0	A-
June 30, 2025	$5M	8.93%	4.8	A
March 31, 2025	$5M	2.79%	5.0	A+
December 31, 2024	$5M	5.05%	5.0	A+
September 30, 2024	$5M	8.58%	5.0	A
June 30, 2024	$5M	15.64%	5.0	A-
March 31, 2024	$5M	7.67%	5.0	A
December 31, 2023	$5M	2.24%	5.0	A+
September 30, 2023	$5M	17.66%	4.8	B+
June 30, 2023	$5M	16.74%	4.4	B

Source: NCUA 5300 call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.

Methodology & Data Sources

MonitorBankRates Star Rating

Our rating for Schenectady County Employees Federal Credit Union 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 Schenectady County Employees Federal Credit Union 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 Schenectady County Employees Federal Credit Union's official website for the most current offers and terms.

Credit Union Profile & Overview

Credit Union Name Schenectady County Employees Federal Credit Union

Website https://schcofcu.org

Address 388 Broadway, Schenectady, NY 12305

Phone 518-374-3830

Fax 518-374-3899

President Robert Dantz

CEO Denelle Albert

Full-Time Employees 1

Part-Time Employees 1

Branch Locations 2

ATM Locations 0

NCUA Insured ✓ Yes — Up to $250,000 per depositor

Financials

MonitorBankRates Star Rating

4.9 / 5.0 ★

Overall Health & Safety Grade

A- (91/100)

Texas Ratio

15.36%

Return on Assets (ROA)

0.0904%

Return on Equity (ROE)

1.3131%

Non-Performing Loans Ratio (NPL)

1.85%

Total Assets

5,651,594

Total Amount of Shares and Deposits

5,225,460

Total Shares and Deposits < 1 Year

4,705,606

Total Shares and Deposits 1 3 Years

519,852

Total Insured Shares and Deposits > $250K (item 17 less item K)

5,225,460

Total Interest Expense (Sum of items 6 8)

11,798

Share Certificates

Number of Accounts for Share Drafts

213

Number of Accounts for Regular Shares

793

Net Worth Classification if credit union is not new (Based upon Call Report data only See instructions)

Well Capitalized

Net Worth Classification if credit union is a new credit union

Well Capitalized

Total Cash on Deposit (Amounts Deposited in Financial Institutions)

815,229

Total Liabilities

5,262,500

Source: NCUA — Last Updated 03/31/2026

Customer Reviews

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Average Rating

☆☆☆☆☆

Total Reviews

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Frequently Asked Questions About Schenectady County Employees Federal Credit Union

How many branches does Schenectady County Employees Federal Credit Union operate?

Schenectady County Employees Federal Credit Union 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 Schenectady County Employees Federal Credit Union?

Yes, to access services at Schenectady County Employees Federal Credit Union, 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, Schenectady County Employees Federal Credit Union 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, Schenectady County Employees Federal Credit Union provides members with tools to manage their accounts and build a solid financial history.

Does Schenectady County Employees Federal Credit Union offer online and mobile banking?

Most modern institutions like Schenectady County Employees Federal Credit Union 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: https://schcofcu.org.