AFGM Enterprises Federal Credit Union
Overview / Commentary
AFGM Enterprises Federal Credit Union is headquartered in Cheektowaga and is the 205th largest credit union in the state of New York. It is also the 3,494th largest credit union in the nation. It was established in 1963 and as of March of 2025, it had grown to 4 employees and 1,221 members at 1 location. AFGM Enterprises Federal Credit Union has a B health rating.
Field of Membership Restrictions
Membership is open to employees and retirees of BCT Brain Millers Local 36G, General Mills, Inc., Sellmore Industries, Archer Daniels Midland Company, Group Health, Inc. RHO Industries, Inc., M. Wile-Inter Branded Apparel, Flexo Transport, Inc., Niagara Chocolate, Santoro Sign Company, AGFM Grain Millers Retirees Club, Elder Medical Services, P.C.
See current membership details
Health
B
Data as of Q1 2025
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. AFGM Enterprises Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 15618 |
| Year Chartered | 1963 |
| Employees | 4 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.51% |
| Return on Equity - YTD | 5.87% |
| Annual Interest Income | $144K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $12.7MM$12.3MM |
| Loans | Q1 2025vs Q1 2024 | $10MM$11.3MM |
| Deposits | Q1 2025vs Q1 2024 | $9.5MM$9.2MM |
| Equity Capital | Q1 2025vs Q1 2024 | $3.2MM$3.1MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $91K$53K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $159K$81K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |