Morton Lane Federal Credit Union is headquartered in Buffalo and is the 111th largest credit union in the state of New York. It is also the 2,208th largest credit union in the nation. It was established in 1962 and as of March of 2025, it had grown to 6 employees and 3,213 members at 4 locations. Morton Lane Federal Credit Union's CD rates are 3X the national average, and it has a B+ health rating.
Morton Lane Federal Credit Union is open to members or employees/retirees of the following: Buffalo State, University at Buffalo, Roswell Park Cancer Institute, Morton Lane Charitable Foundation, Alumni Association at UB or Buffalo State, Research Institute on Alcoholism, Buffalo State College Foundation, Roswell Park Day Care, Buffalo State Child Care Center, Hauptman-Woodward Medical Institute, Roswell Park Alliance Foundation, and Temple Beth Tzedek. Graduate and Undergraduate students of UB or Buffalo State College, St. Joseph Collegiate Institute Faculty, Staff and Students, and Immediate family of any of the above are also eligible for membership.
See current membership details
Overall | |
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NCUA # | 15021 |
Year Chartered | 1962 |
Employees | 6 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.31% |
Return on Equity - YTD | 2.58% |
Annual Interest Income | $699K |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $65.3MM$64.2MM |
Loans | Q1 2025vs Q1 2024 | $29.6MM$29.6MM |
Deposits | Q1 2025vs Q1 2024 | $57.4MM$56.5MM |
Equity Capital | Q1 2025vs Q1 2024 | $7.8MM$7.6MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $183K$208K |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $253K$186K |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
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0.50%* | $100k* | - | Primary Share Account | ||
OTHER TIERS: 0.01% → $500 - $5k | 0.05% → $5k - $20k | 0.30% → $20k - $50k | 0.45% → $50k - $100k | |||||
0.05% | $500 | - | Holiday Club Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.01% | $500 | - | Share Draft Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.30% | $500 | - | IRA Share Account |
Morton Lane Federal Credit Union Locations | ||
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Branch Office | 388 Englewood Ave | Buffalo, NY 14223-2812 |
Branch Office | 1300 ELMWOOD AVE GROVER CLEVELAND HALL -GC103 | BUFFALO, NY 14222-1004 |
Branch Office | 388 ENGLEWOOD AVE | BUFFALO, NY 14223-2812 |
Branch Office | Elm and Carlton St PARKING RAMP - STREET LEVEL | Buffalo, NY 14263-0001 |