Great Erie Federal Credit Union

Overview / Commentary

www.greateriefcu.com

716-662-1311

4000 N Buffalo St
Orchard Park, NY 14127

Great Erie Federal Credit Union is headquartered in Orchard Park and is the 74^th largest credit union in the state of New York. It is also the 1,559^th largest credit union in the nation. It was established in 1952 and as of June of 2024, it had grown to 22 employees and 8,853 members at 2 locations. Great Erie Federal Credit Union's CD rates are 5X the national average, and it has an A health rating.

Field of Membership Restrictions

Great Erie Federal Credit Union is open to businesses or other legal entities in, and anyone who lives, works, worships, or goes to school in Erie County, NY. Immediate family are also welcome.
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Health

Data as of Q2 2024

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Health Grade Components

Overall
NCUA #	7925
Year Chartered	1952
Employees	22
Primary Regulator

Profit Margin
Return on Assets - YTD	0.88%
Return on Equity - YTD	7.88%
Annual Interest Income	$2.5MM

Assets and Liabilities
Assets	Q2 2024vs Q2 2023	$135.8MM$134.1MM
Loans	Q2 2024vs Q2 2023	$91.3MM$91.3MM
Deposits	Q2 2024vs Q2 2023	$120MM$119.9MM
Equity Capital	Q2 2024vs Q2 2023	$15.1MM$13.7MM
Loan Loss Allowance	Q2 2024vs Q2 2023	$300K$248K
Unbacked Noncurrent Loans	Q2 2024vs Q2 2023	$152K$252K
Real Estate Owned	Q2 2024vs Q2 2023	$0$0

Rates

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Savings
Money Market
CD
IRA

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Always verify rates and promotions with the bank or credit union. We are not Great Erie 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.

Great Erie Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
1.00%^*	$50k^*	-	IRA Account
OTHER TIERS: 0.90% → $50 - $25k \| 0.95% → $25k - $50k
0.15%	$25	-	Savings Accounts
0.15%	$0	-	Youth Savings Account

Great Erie Federal Credit Union Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
1.10%^*	$50k^*	-	Money Market Account
OTHER TIERS: 1.00% → $2.5k - $25k \| 1.05% → $25k - $50k

Great Erie Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
4.22%	$1k	-	1 Year CD
4.11%	$1k	$50k	3 Month CD
4.11%	$1k	$50k	6 Month CD
3.91%	$1k	-	2 Year CD
3.34%	$1k	-	3 Year CD
3.19%	$1k	-	4 Year CD
3.14%	$1k	-	5 Year CD

Great Erie Federal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
4.22%	$1k	-	1 Year IRA
3.91%	$1k	-	2 Year IRA
3.34%	$1k	-	3 Year IRA
3.19%	$1k	-	4 Year IRA
3.14%	$1k	-	5 Year IRA

Locations

Great Erie Federal Credit Union Locations
Branch Office	4000 N Buffalo St	Orchard Park, NY 14127
Branch Office	591 Main St	East Aurora, NY 14052

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