Buffalo Metropolitan Federal Credit Union
Buffalo Metropolitan Federal Credit Union is headquartered in Buffalo and is the 71st largest credit union in the state of New York. It is also the 1,549th largest credit union in the nation. It was established in 1937 and as of June of 2019, it had grown to 43 employees and 17,617 members at 1 location. Buffalo Metropolitan Federal Credit Union has an A health rating.
Field of Membership Restrictions
Membership is open to those who live, work, worship, volunteer, or attend school in Erie County and to immediate family.
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 Q2 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 2209 |
| Year Chartered | 1937 |
| Employees | 43 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.04% |
| Return on Equity - YTD | 10.76% |
| Annual Interest Income | $2.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2019vs Q2 2018 | $112.0MM$110.4MM |
| Loans | Q2 2019vs Q2 2018 | $90.1MM$88.3MM |
| Deposits | Q2 2019vs Q2 2018 | $101.0MM$100.4MM |
| Equity Capital | Q2 2019vs Q2 2018 | $10.9MM$9.7MM |
| Loan Loss Allowance | Q2 2019vs Q2 2018 | $762.00K$674.00K |
| Unbacked Noncurrent Loans | Q2 2019vs Q2 2018 | $713.00K$1.1MM |
| Real Estate Owned | Q2 2019vs Q2 2018 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Buffalo Metropolitan Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Buffalo Metropolitan Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.00% | $1k | - | Individual Retirement Account | |
| 0.25% | $1k | - | Share Account | |
| 0.25% | $500 | - | Teen Account | |
| 0.25% | $500 | - | Youth Account |
Buffalo Metropolitan Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.45%* | $25k* | $1m | Money Market Account | ||
| OTHER TIERS: 0.35% → $2.5k - $10k | 0.40% → $10k - $25k | |||||
Buffalo Metropolitan Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.32% | $500 | - | 60 Month CD | |
| 1.18% | $500 | - | 48 Month CD | |
| 1.14% | $500 | - | 36 Month CD | |
| 1.05% | $500 | - | 24 Month CD | |
| 0.95% | $500 | - | 18 Month CD | |
| 0.90% | $500 | - | 12 Month CD | |
| 0.75% | $500 | - | 6 Month CD |
Buffalo Metropolitan Federal Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.32% | $500 | - | 60 Month IRA | |
| 1.18% | $500 | - | 48 Month IRA | |
| 1.14% | $500 | - | 36 Month IRA | |
| 1.05% | $500 | - | 24 Month IRA | |
| 0.95% | $500 | - | 18 Month IRA | |
| 0.90% | $500 | - | 12 Month IRA | |
| 0.75% | $500 | - | 6 Month IRA |
| Buffalo Metropolitan Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 62 S Elmwood Ave | Buffalo, NY 14202-2609 |