What are the current interest rates at Ocean Financial Federal Credit Union?

Current rates for Ocean Financial Federal Credit Union include: 12-Month CD: 3.50%, 24-Month CD: 2.75%, 60-Month CD: 2.75%, Savings: 0.10%

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Ocean Financial Federal Credit Union

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Ocean Financial Federal Credit Union Rates & Review August 2026

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, Ocean Financial Federal Credit Union provides members with tools to manage their accounts and build a solid financial history.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated and Verified: August 28, 2026

Ocean Financial Federal Credit Union's 6 Month CD rates are at 4.00%, 6 Month IRA CD rates are at 4.00%, 6 Month Youth CD rates are at 4.00%, 1 Year CD rates are at 3.50%, 1 Year IRA CD rates are at 3.50%. Ocean Financial Federal Credit Union's savings rates are at 0.10%. MonitorBankRates evaluates the financial stability of Ocean Financial Federal Credit Union with a 5.0 Star Rating, an A Overall Health Grade, and a Texas Ratio of 11.81%. Rates last updated and verified on 08/28/2026.

Ocean Financial Federal Credit Union money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Ocean Financial Federal Credit Union? Share your experience about Ocean Financial Federal Credit Union by leaving a review below, or read customer reviews before you decide to use Ocean Financial Federal Credit Union.

Verified Healthy Use This Badge on Your Credit Union Website

Overall Health & Safety Grade

Excellent Health Score: 94/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

11.81%

Excellent Higher than avg

Ocean Financial Federal Credit Union
Oceanside

45 Atlantic Ave
Oceanside, NY 11572 2035

https://oceanfinancial.org

Ocean Financial Federal Credit Union CD Rates

Product	Rate	APY	Term
6 Month Certificate	3.93%	4.00%	6 Month
Min Deposit $500 Details Rates effective as of 3/02/2026. Rates and terms are subject to change without notice. Offers may be for limited time only. Fees could reduce the earnings on the account. $5 minimum deposit required for Share Account prior to opening a Certificate. Penalty may apply for early withdrawals from Certificates. Last Updated 08/28/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 11.81%
6 Month IRA Certificate	3.93%	4.00%	6 Month
Min Deposit $500 Details Rates effective as of 3/02/2026. Rates and terms are subject to change without notice. Offers may be for limited time only. Fees could reduce the earnings on the account. $5 minimum deposit required for Share Account prior to opening a Certificate. $500 minimum balance to open a new Certificate. Penalty may apply for early withdrawals from Certificates. Last Updated 08/28/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 11.81%
6 Month Youth Certificate	3.93%	4.00%	6 Month
Min Deposit $100 Details Rates effective as of 3/02/2026. Rates and terms are subject to change without notice. Fees could reduce the earnings on the account. $5 minimum deposit required for Share Account prior to opening a Certificate, $100 minimum deposit required to open Certificate. Penalty may apply for early withdrawals from Certificates. Last Updated 08/28/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 11.81%
1 Year Certificate	3.45%	3.50%	1 Year
Min Deposit $500 Details Rates effective as of 3/02/2026. Rates and terms are subject to change without notice. Offers may be for limited time only. Fees could reduce the earnings on the account. $5 minimum deposit required for Share Account prior to opening a Certificate. Penalty may apply for early withdrawals from Certificates. Last Updated 08/28/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 11.81%
1 Year IRA Certificate	3.45%	3.50%	1 Year
Min Deposit $500 Details Rates effective as of 3/02/2026. Rates and terms are subject to change without notice. Offers may be for limited time only. Fees could reduce the earnings on the account. $5 minimum deposit required for Share Account prior to opening a Certificate. $500 minimum balance to open a new Certificate. Penalty may apply for early withdrawals from Certificates. Last Updated 08/28/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 11.81%
1 Year Youth Certificate	3.45%	3.50%	1 Year
Min Deposit $100 Details Rates effective as of 3/02/2026. Rates and terms are subject to change without notice. Fees could reduce the earnings on the account. $5 minimum deposit required for Share Account prior to opening a Certificate, $100 minimum deposit required to open Certificate. Penalty may apply for early withdrawals from Certificates. Last Updated 08/28/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 11.81%
2 Year Certificate	2.72%	2.75%	2 Year
Min Deposit $500 Details Rates effective as of 3/02/2026. Rates and terms are subject to change without notice. Offers may be for limited time only. Fees could reduce the earnings on the account. $5 minimum deposit required for Share Account prior to opening a Certificate. Penalty may apply for early withdrawals from Certificates. Last Updated 08/28/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 11.81%
2 Year IRA Certificate	2.72%	2.75%	2 Year
Min Deposit $500 Details Rates effective as of 3/02/2026. Rates and terms are subject to change without notice. Offers may be for limited time only. Fees could reduce the earnings on the account. $5 minimum deposit required for Share Account prior to opening a Certificate. $500 minimum balance to open a new Certificate. Penalty may apply for early withdrawals from Certificates. Last Updated 08/28/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 11.81%
2 Year Youth Certificate	2.72%	2.75%	2 Year
Min Deposit $100 Details Rates effective as of 3/02/2026. Rates and terms are subject to change without notice. Fees could reduce the earnings on the account. $5 minimum deposit required for Share Account prior to opening a Certificate, $100 minimum deposit required to open Certificate. Penalty may apply for early withdrawals from Certificates. Last Updated 08/28/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 11.81%
3 Year Certificate	2.72%	2.75%	3 Year
Min Deposit $500 Details Rates effective as of 3/02/2026. Rates and terms are subject to change without notice. Offers may be for limited time only. Fees could reduce the earnings on the account. $5 minimum deposit required for Share Account prior to opening a Certificate. Penalty may apply for early withdrawals from Certificates. Last Updated 08/28/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 11.81%
3 Year IRA Certificate	2.72%	2.75%	3 Year
Min Deposit $500 Details Rates effective as of 3/02/2026. Rates and terms are subject to change without notice. Offers may be for limited time only. Fees could reduce the earnings on the account. $5 minimum deposit required for Share Account prior to opening a Certificate. $500 minimum balance to open a new Certificate. Penalty may apply for early withdrawals from Certificates. Last Updated 08/28/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 11.81%
3 Year Youth Certificate	2.72%	2.75%	3 Year
Min Deposit $100 Details Rates effective as of 3/02/2026. Rates and terms are subject to change without notice. Fees could reduce the earnings on the account. $5 minimum deposit required for Share Account prior to opening a Certificate, $100 minimum deposit required to open Certificate. Penalty may apply for early withdrawals from Certificates. Last Updated 08/28/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 11.81%
4 Year Certificate	2.72%	2.75%	4 Year
Min Deposit $500 Details Rates effective as of 3/02/2026. Rates and terms are subject to change without notice. Offers may be for limited time only. Fees could reduce the earnings on the account. $5 minimum deposit required for Share Account prior to opening a Certificate. Penalty may apply for early withdrawals from Certificates. Last Updated 08/28/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 11.81%
4 Year IRA Certificate	2.72%	2.75%	4 Year
Min Deposit $500 Details Rates effective as of 3/02/2026. Rates and terms are subject to change without notice. Offers may be for limited time only. Fees could reduce the earnings on the account. $5 minimum deposit required for Share Account prior to opening a Certificate. $500 minimum balance to open a new Certificate. Penalty may apply for early withdrawals from Certificates. Last Updated 08/28/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 11.81%
4 Year Youth Certificate	2.72%	2.75%	4 Year
Min Deposit $100 Details Rates effective as of 3/02/2026. Rates and terms are subject to change without notice. Fees could reduce the earnings on the account. $5 minimum deposit required for Share Account prior to opening a Certificate, $100 minimum deposit required to open Certificate. Penalty may apply for early withdrawals from Certificates. Last Updated 08/28/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 11.81%
5 Year Certificate	2.72%	2.75%	5 Year
Min Deposit $500 Details Rates effective as of 3/02/2026. Rates and terms are subject to change without notice. Offers may be for limited time only. Fees could reduce the earnings on the account. $5 minimum deposit required for Share Account prior to opening a Certificate. Penalty may apply for early withdrawals from Certificates. Last Updated 08/28/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 11.81%
5 Year IRA Certificate	2.72%	2.75%	5 Year
Min Deposit $500 Details Rates effective as of 3/02/2026. Rates and terms are subject to change without notice. Offers may be for limited time only. Fees could reduce the earnings on the account. $5 minimum deposit required for Share Account prior to opening a Certificate. $500 minimum balance to open a new Certificate. Penalty may apply for early withdrawals from Certificates. Last Updated 08/28/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 11.81%
5 Year Youth Certificate	2.72%	2.75%	5 Year
Min Deposit $100 Details Rates effective as of 3/02/2026. Rates and terms are subject to change without notice. Fees could reduce the earnings on the account. $5 minimum deposit required for Share Account prior to opening a Certificate, $100 minimum deposit required to open Certificate. Penalty may apply for early withdrawals from Certificates. Last Updated 08/28/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 11.81%

Ocean Financial Federal Credit Union Savings Rates

Product	Rate	APY
Youth Savings	5.00%	5.13%
Min Deposit $5 Min Balance $5 Details Available to members under the age of 21 years old and earns 5.00% APY up to $1,000 deposited, Regular Share Savings rate for balances thereafter; at 21, Youth Savings converts to a Regular Share Savings account. Charts assume that deposits remain in satisfactory standing for a full year. Penalty may apply for early withdrawals from Certificate accounts. Fees could reduce earnings on the account. Last Updated 08/28/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 11.81%
Youth & Young Adult Savings	-	5.00%
Details Balances up to $1,000.00 Last Updated 08/28/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 11.81%
Super Saver	0.90%	0.90%
Min Balance $300,000 Details Withdrawals from a Super Saver account are limited to eight (8) per month. A fee will be charged after the eighth withdrawal within a single month. Please see our Fee Schedule for further information Last Updated 08/28/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 11.81%
Super Saver	0.80%	0.80%
Min Balance $100,000 Details Withdrawals from a Super Saver account are limited to eight (8) per month. A fee will be charged after the eighth withdrawal within a single month. Please see our Fee Schedule for further information Last Updated 08/28/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 11.81%
Super Saver	0.75%	0.75%
Min Balance $50,000 Details Withdrawals from a Super Saver account are limited to eight (8) per month. A fee will be charged after the eighth withdrawal within a single month. Please see our Fee Schedule for further information Last Updated 08/28/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 11.81%
Super Saver	0.70%	0.70%
Min Balance $25,000 Details Withdrawals from a Super Saver account are limited to eight (8) per month. A fee will be charged after the eighth withdrawal within a single month. Please see our Fee Schedule for further information Last Updated 08/28/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 11.81%
Super Saver	0.65%	0.65%
Min Balance $1,000 Details Withdrawals from a Super Saver account are limited to eight (8) per month. A fee will be charged after the eighth withdrawal within a single month. Please see our Fee Schedule for further information Last Updated 08/28/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 11.81%
Super Saver	0.60%	0.60%
Min Balance $5 Details Withdrawals from a Super Saver account are limited to eight (8) per month. A fee will be charged after the eighth withdrawal within a single month. Please see our Fee Schedule for further information Last Updated 08/28/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 11.81%
Regular Share Savings	0.10%	0.10%
Min Deposit $5 Details Rates effective as of 04/03/2023. All rates are subject to adjust without prior notice and may change after your account(s) is opened. Last Updated 08/28/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 11.81%
Specialty Share Savings (Christmas/Vacation)	0.10%	0.10%
Details Rates effective as of 04/03/2023. All rates are subject to adjust without prior notice and may change after your account(s) is opened. Last Updated 08/28/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 11.81%

Ocean Financial Federal Credit Union Checking Rates

Product	Rate	APY
Checking	0.00%	0.00%
Details A share account with a $5 minimum balance is required before a checking account can be opened. Fees associated with insufficient funds will apply as necessary. Student Checking is not eligible for Overdraft Protection options until the primary account holder is 21 years old. Under 18 requires a parent/guardian be listed jointly for a debit card to be distributed. Last Updated 08/28/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 11.81%
Youth Checking	0.00%	0.00%
Details A share account with a $5 minimum balance is required before a checking account can be opened. Fees associated with insufficient funds will apply as necessary. Student Checking is not eligible for Overdraft Protection options until the primary account holder is 21 years old. Under 18 requires a parent/guardian be listed jointly for a debit card to be distributed. Last Updated 08/28/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 11.81%

Ocean Financial Federal Credit Union Credit Card Rates

Product	Rate	APR
Visa Introductory	-	1.99%
Details As low as**; APR accurate as of 3/20/2023 and is subject to change without notice. 1.99% Intro APR for is a promotional term for qualified applicants only. Some applicants may be offered credit at a higher APR and different terms. After six (6) statement cycles, Intro APR adjusts to Non-Variable APR, with a minimum of 9.49% and a maximum of 16.49%, based on your creditworthiness. Free Visa® Rewards are from UChoose Rewards®, free registration required to redeem points. Member conditions apply. Share Account with minimum $5 balance required. Last Updated 08/28/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 11.81%
Visa Regular	-	8.99%
Details As low as*; APR accurate as of 3/20/2023 and is subject to change without notice. Some applicants may be offered credit at a higher APR and different terms. Maximum line of credit amount is $2,500. Last Updated 08/28/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 11.81%

Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
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Methodology & Data Sources

MonitorBankRates Star Rating

Our rating for Ocean Financial Federal Credit Union is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions.

Texas Ratio

We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation

We gather Ocean Financial Federal Credit Union rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Ocean Financial Federal Credit Union's official website for the most current offers and terms.

Credit Union Profile & Overview

Credit Union Name Ocean Financial Federal Credit Union

Website https://oceanfinancial.org

Address 45 Atlantic Ave, Oceanside, NY 11572 2035

Phone 516-620-8100

Fax 516-620-8080

President Timothy Johnson

CEO Joseph Tedesco

Full-Time Employees 37

Part-Time Employees 8

Branch Locations 3

ATM Locations 3

NCUA Insured ✓ Yes — Up to $250,000 per depositor

Financials

MonitorBankRates Star Rating

5.0 / 5.0 ★

Overall Health & Safety Grade

A (94/100)

Texas Ratio

11.81%

Return on Assets (ROA)

0.0664%

Return on Equity (ROE)

0.8085%

Non-Performing Loans Ratio (NPL)

1.50%

Total Assets

397,938,662

Total Amount of Shares and Deposits

363,604,312

Total Shares and Deposits < 1 Year

356,770,157

Total Shares and Deposits 1 3 Years

5,619,426

Total Shares and Deposits > 3 Years

1,214,729

Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E)

48,826,935

Total Uninsured Shares and Deposits > $250K (F+J)

48,826,935

Total Insured Shares and Deposits > $250K (item 17 less item K)

314,777,377

Total Interest Expense (Sum of items 6 8)

6,154,985

Share Certificates

3,384

Number of Accounts for Share Drafts

7,612

IRA KEOGH Accounts

918

Number of Accounts for Regular Shares

15,208

Money Market Shares

2,455

Net Worth Classification if credit union is not new (Based upon Call Report data only See instructions)

Well Capitalized

Net Worth Classification if credit union is a new credit union

Well Capitalized

Total Cash on Deposit (Amounts Deposited in Financial Institutions)

35,695,937

Total Liabilities

375,911,446

Source: NCUA — Last Updated 09/30/2025

2026 MBR Health & Safety Badge

Ocean Financial Federal Credit Union earned the Verified Healthy badge

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Frequently Asked Questions About Ocean Financial Federal Credit Union

How many branches does Ocean Financial Federal Credit Union operate?

Ocean Financial Federal Credit Union currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is a member application needed to join Ocean Financial Federal Credit Union?

Yes, to access services at Ocean Financial Federal Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Is there a first-time homebuyer program?

Currently, Ocean Financial Federal Credit Union does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Ocean Financial Federal Credit Union provides members with tools to manage their accounts and build a solid financial history.

Does Ocean Financial Federal Credit Union offer online and mobile banking?

Most modern institutions like Ocean Financial Federal Credit Union provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://oceanfinancial.org.