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First New York FCU

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First New York FCU Reviews

2.2

14% would recommend to a friend

(16 total reviews)

Lucy G. Halstead

Not enough data to show CEO approval

5% positive business outlook

First New York FCU has an employee rating of 2.2 out of 5 stars, based on 16 company reviews on Glassdoor which indicates that most employees have an average working experience there. The First New York FCU employee rating is 41% below average for employers within the Finance industry (3.7 stars).

Reviews by job title

16 reviews
1.0
13 Feb 2017

Popularity Contest with No Culture

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

They pay you and it's a Credit Union not a Bank

Cons

Your opinion does not matter at all, from the CEO down, everything is based on whether or not very specific people (CEO included) likes you or not. There is absolutely no effective leadership, no protection of member information and accounts and no desire to improve and do what's right for the changing banking industry. Decisions are made on a whim with no informed information behind it.

3.0
1 Nov 2018

Disfunctional Management

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Good people. All the employees seem to like where they work. Fairly flexible schedule as a salaried employee Free breakfast once a week...

Cons

Management does not listen to their employees. Not much room for growth as management has their favorites, so prepare to kiss butt. Slow moving decision process for any changes, not a leading edge credit union. Will try and pay you very little if they can, always negotiate. Lots of turnover for all of these reasons

1.0
30 June 2010

Leadership, where?

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Paid health insurance for individual, decent paid time off, but not great: 2 weeks vacation must accrue. Some of the managers really care about you and try to be flexible. Ability to transfer to a different branch to work in front line positions as openings become available. Usually promote from within.

Cons

Poor leadership. No concern for employees only the bottom line. Front line staff only work half day on Saturday, but are required to take a full day vacation if they want a Saturday off. Employees are chastised for using sick time. Executives do not allow managers to manage their own employees; stuck between two different objectives and the executive always wins. Not enough staff to cover amount of work. Very poor salaries and raises. Not competitive within industry or local organizations. Very little employee development, all geared towards sales and tellers. Advancement is minimal; you may see a promotion with a title change, but they give you literally ten to twenty cents an hour to take the new position. Very high turnover. Low employee morale. More people are looking for jobs than they realize.

Viewing 1 - 3 of 16 Reviews

Glassdoor has 16 First New York FCU reviews submitted anonymously by First New York FCU employees. Read employee reviews and ratings on Glassdoor to decide if First New York FCU is right for you.