Overview / Commentary
30 Brunswick Rd
Depew, NY 14043

Good Neighbors Credit Union is headquartered in Depew and is the 116th largest credit union in the state of New York. It is also the 2,311th largest credit union in the nation. It was established in 1957 and as of September of 2018, it had grown to 15 employees and 5,529 members at 2 locations. Good Neighbors Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership in Good Neighbors Credit Union is open to those who live, work, attend school, or worship in Erie County in New York.
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Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Good Neighbors Credit Union has a relatively low asset base.

Health Grade Components

NCUA #11663
Year Chartered1957
Primary Regulator
Profit Margin
Return on Assets - YTD1.28%
Return on Equity - YTD12.11%
Annual Interest Income$1.3MM
Assets and Liabilities
AssetsQ3 2018vs Q3 2017$50.6MM$48.6MM
LoansQ3 2018vs Q3 2017$28.1MM$23.9MM
DepositsQ3 2018vs Q3 2017$44.9MM$43.6MM
Equity CapitalQ3 2018vs Q3 2017$5.5MM$4.8MM
Loan Loss AllowanceQ3 2018vs Q3 2017$186.00K$266.00K
Unbacked Noncurrent LoansQ3 2018vs Q3 2017$154.00K$232.00K
Real Estate OwnedQ3 2018vs Q3 2017$0$0
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Good Neighbors Credit Union Savings Account Rates

0.10%--Regular Share Account
0.10%--Special Use Share Account

Good Neighbors Credit Union Money Market Rates

0.35%$2.5k$10mMoney Market Account

Good Neighbors Credit Union CD Rates

0.65%$500-24 Month Term Share Certificate
0.60%$500$20k18 Month Term Share Certificate
0.55%$500-12 Month Term Share Certificate
0.50%$500-6 Month Term Share Certificate
0.45%$500-3 Month Term Share Certificate

Good Neighbors Credit Union Locations
Branch Office30 Brunswick RdDepew, NY 14043
Branch Office346 Connecticut StBuffalo, NY 14213

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