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
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 0.35% | 1-year CD | 2.75% - Barclays 12 Month Online CD |
| 0.10% | Savings | 0.26% - National Average |
| 0.50% | 2-year CD | 1.68% - National Average |
Overview / Commentary
Greater Niagara Federal Credit Union is headquartered in NIAGARA FALLS and is the 115th largest credit union in the state of New York. It is also the 2,307th largest credit union in the nation. It was established in 1954 and as of December of 2018, it had grown to 12 employees and 8,063 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 Q4 2018
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 | 12 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.78% |
| Return on Equity - YTD | 6.59% |
| Annual Interest Income | $1.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $50.6MM$50.1MM |
| Loans | Q4 2018vs Q4 2017 | $26.3MM$23.8MM |
| Deposits | Q4 2018vs Q4 2017 | $44.4MM$44.2MM |
| Equity Capital | Q4 2018vs Q4 2017 | $6.0MM$5.7MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $116.00K$96.00K |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $322.00K$224.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $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 |