Bethpage Federal Credit Union

Bethpage Federal Credit Union is a federally chartered company headquartered in Bethpage, Long Island, New York. As of January 2017, Bethpage FCU is the largest credit union company in New York state and 16th largest in the nation with approximately $9.2 billion in assets, 405,700 members, and 38 publicly accessible branches throughout Nassau and Suffolk counties.[1][2]

Bethpage Federal Credit Union
TypeCredit union
IndustryFinancial services
Founded1941
HeadquartersBethpage, New York, United States
Area served
Long Island, New York
Key people
Dr. Michelle Nearon, Chairman of the Board
Wayne N. Grossé, President and CEO
ProductsSavings; checking; consumer loans; mortgages; credit cards; online banking
Total assets$9.21 billion (2020)
Members405,700 (2020)
Number of employees
852
Websitebethpagefcu.com

Eligibility for membership is extended to anyone who lives in the United States of America. Member deposits up to $250,000 in Bethpage FCU are insured through the National Credit Union Share Insurance Fund.

History

Grumman Hangar 2 Credit Union was opened for employees of Grumman Aircraft Engineering Corporation on October 28, 1941.[3] Having been initially formed in Farmingdale, Grumman had moved to Bethpage by the time the credit union was separated in 1994, thus changing its name to Bethpage Federal Credit Union. In 2003, Bethpage was approved for the largest federal community charter in the U.S., allowing its rapid growth.[4]

Community Involvement

Bethpage FCU has extensive ties to the communities it serves. For many years, Bethpage FCU has sponsored the Bethpage Air Show at Jones Beach. In 2010, Bethpage FCU signed a 10-year contract to sponsor the Suffolk County Sports Park in Central Islip, now known as Bethpage Ballpark, home of the Long Island Ducks.[5] Bethpage FCU agreed in 2014 to sponsor the football stadium at the C.W. Post Campus of Long Island University, where they have also established a high-tech branch for the students and faculty of the school.[6]

References
  1. Bethpage FCU
  2. Best Innovation Group partners with Kordeleski Consulting, Credit Union National Association, August 27, 2015
  3. , Celebrating 75 Years At The Heart Of Long Island, January 27, 2016
  4. Bethpage Federal Credit Union Expands Hempstead Branch to Serve Growing Membership & Stronger Local Economy, Bethpage Federal Credit Union, October 20, 2015
  5. Sullivan, Joseph (December 15, 2010). "A new name for Ducks' ballpark". Newsday. Retrieved May 4, 2012.
  6. $1.5 Million Sponsorship Names Bethpage Federal Credit Union Stadium at LIU Post, LIU, March 19, 2014
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