Niagara Regional Federal Credit Union
Overview / Commentary
Niagara Regional Federal Credit Union is headquartered in North Tonawanda and is the 149th largest credit union in the state of New York. It is also the 2,701st largest credit union in the nation. It was established in 1939 and as of March of 2025, it had grown to 7 employees and 2,373 members at 1 location. Niagara Regional Federal Credit Union has a B health rating.
Field of Membership Restrictions
Membership in Niagara Regional Federal Credit Union is open to those who live, worship, work, attend school, or volunteer in Niagara County, or in the Erie County communities of Amherst, Grand Island, or Tonawanda in New York. Immediate family members of eligible individuals also qualify for membership.
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. Niagara Regional Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 3285 |
| Year Chartered | 1939 |
| Employees | 7 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.72% |
| Return on Equity - YTD | 8.8% |
| Annual Interest Income | $409K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $37.5MM$37.7MM |
| Loans | Q1 2025vs Q1 2024 | $22.5MM$23.3MM |
| Deposits | Q1 2025vs Q1 2024 | $34.4MM$33.6MM |
| Equity Capital | Q1 2025vs Q1 2024 | $3MM$2.7MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $110K$82K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $0$6K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |