Overview / Commentary
Boulevard Federal Credit Union is headquartered in Amherst and is the 139th largest credit union in the state of New York. It is also the 2,689th largest credit union in the nation. It was established in 1957 and as of September of 2019, it had grown to 12 employees and 4,125 members at 2 locations. Boulevard Federal Credit Union's money market rates are 59% higher than the national average, and it 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
Health
B+
Data as of Q3 2019
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. Boulevard Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 11640 |
| Year Chartered | 1957 |
| Employees | 12 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.35% |
| Return on Equity - YTD | 2.53% |
| Annual Interest Income | $1.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2019vs Q3 2018 | $35.0MM$33.9MM |
| Loans | Q3 2019vs Q3 2018 | $13.7MM$13.8MM |
| Deposits | Q3 2019vs Q3 2018 | $30.1MM$29.2MM |
| Equity Capital | Q3 2019vs Q3 2018 | $4.8MM$4.7MM |
| Loan Loss Allowance | Q3 2019vs Q3 2018 | $113.00K$184.00K |
| Unbacked Noncurrent Loans | Q3 2019vs Q3 2018 | $142.00K$167.00K |
| Real Estate Owned | Q3 2019vs Q3 2018 | $0$0 |