Greater Niagara Federal Credit Union
LOCATIONS
2
View locations
HEALTH RATING
B+
View health report
CURRENT TOP RATE
0.50% APY
2 Year CD
View all rates
Overview / Commentary
Greater Niagara Federal Credit Union is headquartered in NIAGARA FALLS and is the 113th largest credit union in the state of New York. It is also the 2,280th largest credit union in the nation. It was established in 1954 and as of June of 2019, it had grown to 16 employees and 8,050 members at 2 locations. Greater Niagara Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership is open to those who live, work, worship, attend school, or conduct business in Niagara County.
See current membership details
Health
B+
Data as of Q2 2019
Learn why bank health mattersAdditional 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. Greater Niagara Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 9537 |
| Year Chartered | 1954 |
| Employees | 16 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.8% |
| Return on Equity - YTD | 6.69% |
| Annual Interest Income | $953.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2019vs Q2 2018 | $53.3MM$51.9MM |
| Loans | Q2 2019vs Q2 2018 | $28.5MM$24.6MM |
| Deposits | Q2 2019vs Q2 2018 | $46.4MM$46.0MM |
| Equity Capital | Q2 2019vs Q2 2018 | $6.3MM$5.8MM |
| Loan Loss Allowance | Q2 2019vs Q2 2018 | $74.00K$92.00K |
| Unbacked Noncurrent Loans | Q2 2019vs Q2 2018 | $279.00K$147.00K |
| Real Estate Owned | Q2 2019vs Q2 2018 | $0$0 |
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Greater Niagara Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.10% | - | - | Christmas Club | |
| 0.10% | $5 | - | Share Savings |
Greater Niagara Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.50% | $500 | - | 2 Year CD | |
| 0.50% | $500 | - | 3 Year CD | |
| 0.35% | $500 | - | 1 Year CD | |
| 0.25% | $500 | - | 6 Month CD |
Locations
| Greater Niagara Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 2901 MILITARY RD | NIAGARA FALLS, NY 14304-1251 |
| Branch Office | 160 WARD RD | NORTH TONAWANDA, NY 14120-2446 |