Buffalo Metropolitan Federal Credit Union is headquartered in Buffalo and is the 73rd largest credit union in the state of New York. It is also the 1,573rd largest credit union in the nation. It was established in 1937 and as of December of 2019, it had grown to 44 employees and 17,508 members at 1 location. Buffalo Metropolitan Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Buffalo Metropolitan Federal Credit Union is open to businesses or other legal entities and anyone who lives, works, worships, goes to school or volunteers in Erie County. Membership also extends to immediate family of current credit union members.
See current membership details
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Perfect online banking.
My online banking experience with Buffalo Metropolitan Federal Credit Union is amazing. Firstly it is very secure. I am required to log in with a password, image verification, and a security question before I can view my information. Once there was an attempt to deposit a fake check into my mobile banking app and the institution notified me immediately and did not allow it to go through. Once you are into the account all the information is displayed clearly and is easy to understand. Transfers are easy and immediately reflected.
Data as of Q4 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 2209 |
| Year Chartered | 1937 |
| Employees | 44 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.9% |
| Return on Equity - YTD | 9.41% |
| Annual Interest Income | $5.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $108.1MM$107.0MM |
| Loans | Q4 2019vs Q4 2018 | $92.8MM$90.4MM |
| Deposits | Q4 2019vs Q4 2018 | $97.6MM$96.6MM |
| Equity Capital | Q4 2019vs Q4 2018 | $10.4MM$10.3MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $760.00K$840.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $1.1MM$1.4MM |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |