Greater Niagara Federal Credit Union
Overview / Commentary
Greater Niagara Federal Credit Union is headquartered in NIAGARA FALLS and is the 107th largest credit union in the state of New York. It is also the 2,140th largest credit union in the nation. It was established in 1954 and as of March of 2025, it had grown to 10 employees and 7,971 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 Q1 2025
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 | 10 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.11% |
| Return on Equity - YTD | 10.2% |
| Annual Interest Income | $704K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $71.2MM$71.2MM |
| Loans | Q1 2025vs Q1 2024 | $27.4MM$29.2MM |
| Deposits | Q1 2025vs Q1 2024 | $62.9MM$64.2MM |
| Equity Capital | Q1 2025vs Q1 2024 | $7.7MM$6.6MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $212K$270K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $276K$175K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |