Niagara's Choice Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 0.75% | 5-year CD | 60 Month CD 2.25% - Ally Bank High Yield 5 Year CD |
| 0.10% | 1-year CD | 12 Month CD 1.35% - Ally Bank High Yield 12-Month CD |
| 0.05% | Savings | Regular Savings Account 1.05% - Barclays Online Savings Account |
Niagara's Choice Federal Credit Union is headquartered in Niagara Falls and is the 56th largest credit union in the state of New York. It is also the 1,150th largest credit union in the nation. It was established in 1953 and as of December of 2016, it had grown to 45 employees and 24,122 members at 5 locations. Niagara's Choice Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership is open to all persons who live, work, worship or attend school in Niagara County.
See current membership details
Good credit union
I have had a very good experience with this credit union. They even mailed me something I left on their counter once (a receipt). I was able to open accounts for my children easily, and they make it easy for you to manage all of your accounts (including your kid's) online in one place. They also have good programs like life insurance for members. Their employees are pleasant and friendly, and they are able to get people through line quickly. I have never waited more than 5 minutes. One of their branches also has a "little library" book exchange area in their foyer, which is nice if you have a book you've read and you want to trade it. Overall a good, friendly, neighborhood credit union that serves many local businesses.
Great place to do business
I've been a customer of Niagara's Choice Credit Union for more than a decade. I've had nothing but positive experiences in that time. I got a hassle-free car loan at a great rate and manageable payments. They helped me set up a vacation account that was comprehensive and easy to use. And their checking services offer a variety of amenities that are valuable to customers.
Data as of Q4 2016
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 8693 |
| Year Chartered | 1953 |
| Employees | 45 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.42% |
| Return on Equity - YTD | 4.92% |
| Annual Interest Income | $4.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2016vs Q4 2015 | $164.8MM$149.8MM |
| Loans | Q4 2016vs Q4 2015 | $92.2MM$77.1MM |
| Deposits | Q4 2016vs Q4 2015 | $148.8MM$134.1MM |
| Equity Capital | Q4 2016vs Q4 2015 | $14.0MM$13.5MM |
| Loan Loss Allowance | Q4 2016vs Q4 2015 | $1.0MM$733.00K |
| Unbacked Noncurrent Loans | Q4 2016vs Q4 2015 | $1.3MM$699.00K |
| Real Estate Owned | Q4 2016vs Q4 2015 | $0$5.00K |
Always verify rates and promotions with the bank or credit union. We are not Niagara's Choice Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
Niagara's Choice Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.25% | $250 | - | IRA Savings Account | |
| 0.05% | $250 | - | Regular Savings Account | |
| 0.05% | $250 | - | Christmas Club Account |
Niagara's Choice Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.03% | $250 | - | Regular Checking |
Niagara's Choice Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.75% | $500 | - | 60 Month CD | |
| 0.50% | $500 | - | 48 Month CD | |
| 0.25% | $500 | - | 36 Month CD | |
| 0.10% | $500 | - | 3 Month CD | |
| 0.10% | $500 | - | 6 Month CD | |
| 0.10% | $500 | - | 12 Month CD | |
| 0.10% | $500 | - | 24 Month CD |
| Niagara's Choice Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 260 West Ave | Lockport, NY 14094 |
| Branch Office | 3619 Packard Rd | Niagara Falls, NY 14303-2224 |
| Branch Office | 900 Main St | Niagara Falls, NY 14301 |
| Branch Office | 3577 Niagara Falls Blvd | North Tonawanda, NY 14120 |
| Branch Office | 2131 Sawyer Dr | Niagara Falls, NY 14304 |