We are located at:

13-03B 40th Avenue
Long Island City, NY.

Our hours are:

Tuesday and Wednesday
8:00 AM - 4:00 PM
9:00 AM - 5:00 PM
8:00 AM - 6:00 PM
9:00 AM - 1:00 PM

Come by during any of our open hours (or call us at 718-784-5050) to learn more or open an account!

Download the membership application here or pick one up at the credit union! For those who are members, manage your credit union account online here.

The Urban Upbound Federal Credit Union: An Economic Anchor

In 2010, Urban Upbound, then known as ERDA, mobilized residents to bring a credit union to public housing neighborhoods in Long Island City. At the time it was the first credit union to open in Queens in 30 years.

Today the Urban Upbound Federal Credit Union provides capital, credit-building loans and other asset-building services. Its members, comprised largely of public housing residents, enjoy an ownership stake. A source of community pride, the Urban Upbound Credit Union’s rallying cry is “I Own It!”

What’s more, by keeping assets locally owned and controlled, the Credit Union is an economic anchor. It is helping to ensure that as Long Island City continues to change, that growth benefits all residents.

Why start a credit union?

Access to services and a stronger community
The Urban Upbound Federal Credit Union offers affordable and relevant financial services including access to capital, asset-building vehicles and ownership stakes to its members. The credit union is located across from Queensbridge Houses, the largest public housing development in the country, and down the street from Ravenswood Houses. It serves as an economic anchor helping ensure that as Long Island City continues to change, the growth benefits residents throughout the neighborhood by keeping neighborhood assets locally owned and controlled.

What does ownership mean?

A cooperative financial institution
Credit unions provide services similar to banks, check-cashing stores, or other financial service providers, but are different in the following ways:

Member-owners at the credit union are customers elsewhere.

Service to members is the goal of credit unions while others pursue profit.

Credit unions keep fees and rates as low as possible instead of as an ever increasing source of revenue.

Credit unions have loan policies flexible to their memberships whereas others maintain rigid lending policies.

Credit unions serve a specific membership, banks will open accounts for anyone who meets their criteria, and check-cashing stores will sell to any customer.

The Urban Upbound Federal Credit Union is the first low-income designated bank to take root in Queens in over 30 years, replacing faulty check-cashing options with legitimate banking services.