Boulevard Federal Credit Union

Overview / Commentary
2787 Niagara Falls Blvd
Amherst, NY 14228

Boulevard Federal Credit Union is headquartered in Amherst and is the 135th largest credit union in the state of New York. It is also the 2,609th largest credit union in the nation. It was established in 1957 and as of September of 2022, it had grown to 10 employees and 3,670 members at 1 location. Boulevard Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership is open to those who live, work, attend school or worship in the Amherst community. Membership is also open to employees of several select area organizations.
See current membership details

Reviews (1)

Good Credit Union-Poor Rates

I have been a member of BFCU since the 1980's. It started out as the Aircraft Workers Credit Union, serving the Bell Aerospace Company employees in Niagara Falls NY. Continued growth and expansion to a community type Federal Credit Union has served it well. The recent downturn in deposit and CD rates have been drastic, however. Unfortunately they have stopped posting rates on the website, and even the rates posted on their telephone voice response system are not current. Otherwise a very good credit union.

Additional 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. Boulevard Federal Credit Union has a low asset base.

Health Grade Components

NCUA #11640
Year Chartered1957
Primary Regulator
Profit Margin
Return on Assets - YTD0.39%
Return on Equity - YTD3.22%
Annual Interest Income$926.00K
Assets and Liabilities
AssetsQ3 2022vs Q3 2021$45.1MM$44.8MM
LoansQ3 2022vs Q3 2021$13.9MM$12.1MM
DepositsQ3 2022vs Q3 2021$39.6MM$39.4MM
Equity CapitalQ3 2022vs Q3 2021$5.4MM$5.3MM
Loan Loss AllowanceQ3 2022vs Q3 2021$134.00K$38.00K
Unbacked Noncurrent LoansQ3 2022vs Q3 2021$76.00K$117.00K
Real Estate OwnedQ3 2022vs Q3 2021$0$0

Sorry, we do not have rate data for Boulevard Federal Credit Union.


Boulevard Federal Credit Union Locations
Branch Office2787 Niagara Falls BlvdAmherst, NY 14228

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.