Boulevard Federal Credit Union
Boulevard Federal Credit Union is headquartered in Amherst and is the 136th largest credit union in the state of New York. It is also the 2,625th largest credit union in the nation. It was established in 1957 and as of June of 2022, it had grown to 10 employees and 3,673 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
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.
Data as of Q2 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 11640 |
| Year Chartered | 1957 |
| Employees | 10 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.56% |
| Return on Equity - YTD | 4.71% |
| Annual Interest Income | $582.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $44.7MM$44.6MM |
| Loans | Q2 2022vs Q2 2021 | $13.6MM$12.1MM |
| Deposits | Q2 2022vs Q2 2021 | $39.3MM$39.4MM |
| Equity Capital | Q2 2022vs Q2 2021 | $5.4MM$5.1MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $138.00K$81.00K |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $110.00K$135.00K |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |