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 1,532nd largest credit union in the nation. It was established in 1937 and as of September of 2020, it had grown to 42 employees and 17,372 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
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 Q3 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 2209 |
| Year Chartered | 1937 |
| Employees | 42 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.13% |
| Return on Equity - YTD | 1.53% |
| Annual Interest Income | $3.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2020vs Q3 2019 | $126.8MM$109.5MM |
| Loans | Q3 2020vs Q3 2019 | $89.6MM$91.9MM |
| Deposits | Q3 2020vs Q3 2019 | $116.1MM$98.3MM |
| Equity Capital | Q3 2020vs Q3 2019 | $10.5MM$11.0MM |
| Loan Loss Allowance | Q3 2020vs Q3 2019 | $663.00K$786.00K |
| Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $943.00K$859.00K |
| Real Estate Owned | Q3 2020vs Q3 2019 | $0$0 |