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.
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
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.
Overall | |
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NCUA # | 2209 |
Year Chartered | 1937 |
Employees | 42 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.13% |
Return on Equity - YTD | 1.53% |
Annual Interest Income | $3.9MM |
Assets and Liabilities | ||
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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 |
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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.40% | $1k | - | Individual Retirement Account | |
0.10% | $1k | - | Share Account | |
0.10% | $500 | - | Teen Account | |
0.10% | $500 | - | Youth Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.20%* | $25k* | $1m | Money Market Account | ||
OTHER TIERS: 0.10% → $2.5k - $10k | 0.15% → $10k - $25k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.30% | $500 | - | 60 Month CD | |
0.25% | $500 | - | 48 Month CD | |
0.20% | $500 | - | 36 Month CD | |
0.15% | $500 | - | 24 Month CD | |
0.10% | $500 | - | 18 Month CD | |
0.05% | $500 | - | 12 Month CD | |
0.03% | $500 | - | 6 Month CD |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.30% | $500 | - | 60 Month IRA | |
0.25% | $500 | - | 48 Month IRA | |
0.20% | $500 | - | 36 Month IRA | |
0.15% | $500 | - | 24 Month IRA | |
0.10% | $500 | - | 18 Month IRA | |
0.05% | $500 | - | 12 Month IRA | |
0.03% | $500 | - | 6 Month IRA |
Buffalo Metropolitan Federal Credit Union Locations | ||
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Branch Office | 62 S Elmwood Ave | Buffalo, NY 14202-2609 |