LOBBY REOPENINGS: We are excited to welcome our members back to our lobbies beginning July 6th. Hours will be Monday-Thursday 9am-4:30pm , Friday 9am-5pm and Saturday 9am-1pm. Masks will be required when entering the building, or we will kindly ask that you use our drive-thru teller or other electronic banking options available. Appointments are recommended for non-teller line banking needs to avoid extended wait times in the lobby area. Please see the announcement from the CEO in the News & Events below for more details. We look forward to seeing you!

About Us

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. In addition to the over 40 member schools and groups, the credit union is now a community charter serving Albany and Rensselaer counties. 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".

Definition of a Credit Union

A credit union is a group of people who are linked by a common bond, pool savings and lend their money to each other at low interest rates. Each member is considered a part-owner of the credit union, and as such is entitled to one vote. At the annual meeting, each member may cast his or her vote toward the election of a volunteer Board of Directors who serve with the membership's best interests in mind.

Our Unique Financial Family

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.

You Are a Member Not Just a Customer

Unlike other financial institutions where you are just another number, at School Systems FCU we value your decision to conduct your financial business with our institution. We look to build lasting relationships with our members who count on us to meet their financial needs through customized products and services.

Co-Op Shared Branch

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Capital Financial Planning LLC

Your source for investment advice, financial plans, wealth management and investment advisory services.

Member Cellular Discounts with Sprint

Sprint Discount

Talk about savings! Say hello to the Sprint credit union member discount program.

Foreign Currency

Traveling out of the country? Order your foreign currency ahead of time with eZforex.

Everything Automotive

Providing you information, data and inventory for your next car search.

Learning Center

Browse resources, links and information to help you manage your finances.