ITALO-AMERICAN
Federal • Glendale, New York • Est. 1935
Quick Facts
- Charter Number
- #110
- Type
- Federal
- Established
- 1935
- Headquarters
- Glendale, New York 11385-7057
- Address
- 6652 Myrtle Ave
- Branches
- 2
- Members
- 600
- Membership Type
- Community
NCUA Financial Health Score
Based on NCUA Q4 2025 Call Report data
Exceptionally well-capitalized with outstanding net worth ratio, very low delinquency, and strong earnings. One of the most financially sound credit unions in the country.
Financial Overview
Total Assets
Members
600 total members
Total Loans
Outstanding loan portfolio
Net Worth Ratio
Financial Details
| Metric | ITALO-AMERICAN |
|---|---|
| Total Assets | $39.5M |
| Members | 600 |
| Loans Outstanding | $32.6M |
| Shares & Deposits | $33.2M |
| Net Worth | $5.9M |
| Net Worth Ratio | 14.96% |
| Loan-to-Share Ratio | 98.1% |
| Delinquency Rate | 0.00% |
| Net Income | +$430,560 |
Source: NCUA Q4 2025 Call Report • Cycle date: 12/31/2025
Branch Locations
2 locations
Italo-American
6652 Myrtle Ave
Glendale, NY 11385-7057
Italo-American
Main Office6652 Myrtle Ave
Glendale, NY 11385-7057
Who Can Join ITALO-AMERICAN?
Membership Type: Community
Membership eligibility for ITALO-AMERICAN may vary. Contact the credit union directly to confirm qualification requirements.
Contact ITALO-AMERICAN directly or visit their website for the most accurate and up-to-date membership eligibility information.
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View New York RankingsFrequently Asked Questions
Yes. ITALO-AMERICAN is federally insured by the National Credit Union Administration (NCUA) up to $250,000 per depositor, per ownership category. This provides the same level of deposit protection as FDIC insurance at a bank.
As of the NCUA Q4 2025 Call Report, ITALO-AMERICAN has 600 members and a potential membership field of 1,500 people.
ITALO-AMERICAN's net worth ratio is 14.96% as of Q4 2025. The NCUA classifies a credit union as "well-capitalized" when its net worth ratio is 7% or higher. At 15.0%, ITALO-AMERICAN meets this threshold.
ITALO-AMERICAN operates 2 branch locations. The main office is located at 6652 Myrtle Ave, Glendale, NY 11385-7057.
ITALO-AMERICAN was established in 1935. It is a federal credit union chartered under charter number 110. The institution has been serving members for 91 years.
Data sourced from the NCUA Quarterly Call Report (Q4 2025). CUScore is an independent directory and is not affiliated with the NCUA or ITALO-AMERICAN. All financial data is for informational purposes only.