School Systems Federal Credit Union

In order to be eligible for membership, you must be employed by one of our Select Employer Groups, or you must be a family member (by blood or through marriage) of a current SSFCU member. Below is a listing of the school districts, colleges, educational institutions, and companies that we presently serve. If your employer is on this list, then you are eligible to join!

In 1954, exhausted by the lack of services and attention received by the local banks, a small group of educators from Bethlehem, Guilderland, North and South Colonie schools came together to organize the First Supervisory District Federal Credit Union. The idea was to have a financial institution that would provide the services and rates that were best for them.

In its humble beginning the credit union operated from the Treasurer's kitchen. Services included loans and savings accounts up to $2,000. Many of those who worked so hard for the credit union then are still part of it today.

Over the fifty years the credit union has undergone many changes. Our name became School Systems FCU, we merged with Sandkill FCU, moved and added locations, many new services and faces. Our credit union now serves over forty schools and groups with over 7,500 members. Through all the growth and transformation we still hold on to the ideals and reasons why we were formed, "not-for-profit, not-for-charity, but-for-service".

School Systems FCU is a unique, not-for-profit, member-owned financial institution. Unlike other financial institutions that are strictly profit-driven, we return excess earnings to our members in the form of personal and friendly service, lower interest rates on loans, higher yields on savings and investment accounts, and improved products and services.