Total Assets
$107.1M
Total Deposits
$96.8M
Branches
3
Established
1954
NEXT STEP is a credit union headquartered in Troy, New York, established in 1954. It holds $107.1M in total assets across 3 branch locations. In our editorial opinion, based on public FDIC/NCUA data, NEXT STEP earns a TFS Financial Health Grade of F (39.8/100) — our editorial assessment, not an official rating or financial advice.
TFS Health Grade
39.8 / 100
Poor financial health
How we gradeTFS Health Grades are our editorial opinion based on public FDIC/NCUA data — not an official rating, not financial advice.
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Financial data through March 31, 2026. Updated by TFS August 28, 2026. Data sourced from NCUA Call Reports as of 2026-Q1. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.
Data sourced from CFPB Consumer Complaint Database. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.
| Branch | Address | City | State | Type |
|---|---|---|---|---|
| Troy BranchHQ | 150 Defreest Dr | Troy | NY | Full Service |
| Albany Branch | 325 Washington Avenue Ext | Albany | NY | Full Service |
| Troy Branch | 150 Defreest Dr | Troy | NY | Full Service |
Data sourced from FDIC BankFind Suite. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.
Data sourced from FDIC Enforcement Decisions and Orders / NCUA. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.
TFS Financial Health Grades represent our editorial assessment based on publicly available data and our proprietary methodology. They do not represent financial advice or an official government rating. Data on this page is sourced from federal government databases and is believed to be accurate.
Benchmarked against 60 active, federally insured credit unions reporting in the same quarter and holding roughly 0.5×–2× its assets. Same-state and overlapping-market peers are prioritized.
TFS health score
39.8
Net worth ratio
9.89%
Return on assets
0.46%
60+ day delinquency
2.04%
Suggested direct comparisons
Buffalo, NY
$218.8B
Complaint percentiles are intentionally withheld while TFS audits CFPB company matching and import coverage. Peer conclusions use complete same-quarter regulatory metrics only.