Overview / Commentary
Amherst Federal Credit Union is headquartered in Williamsville and is the 141st largest credit union in the state of New York. It is also the 2,622nd largest credit union in the nation. It was established in 1947 and as of March of 2025, it had grown to 7 employees and 3,875 members at 1 location. Amherst Federal Credit Union has a B health rating.
Field of Membership Restrictions
Membership in Amherst Federal Credit Union is open to those live, work, worship, or attend school in, and businesses and other legal entities located in the Erie County (NY) towns of Amherst, Cheektowaga, or West Seneca, or the village of Depew.
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. Amherst Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 5439 |
| Year Chartered | 1947 |
| Employees | 7 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.81% |
| Return on Equity - YTD | 8.49% |
| Annual Interest Income | $372K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $40.6MM$40.3MM |
| Loans | Q1 2025vs Q1 2024 | $21MM$22.6MM |
| Deposits | Q1 2025vs Q1 2024 | $36.7MM$36.9MM |
| Equity Capital | Q1 2025vs Q1 2024 | $3.9MM$3.4MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $124K$120K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $31K$129K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |