Tonawanda Community Federal Credit Union
Tonawanda Community Federal Credit Union is headquartered in Buffalo and is the 151st largest credit union in the state of New York. It is also the 2,847th largest credit union in the nation. It was established in 1976 and as of June of 2018, it had grown to 5 employees and 6,101 members at 2 locations. Tonawanda Community Federal Credit Union has a B health rating.
Field of Membership Restrictions
Membership in Tonawanda Community Federal Credit Union is open to those who live, work, attend school or worship in the City of Tonawanda, the Town of Tonawanda, and the Village of Kenmore in New York.
See current membership details
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Tonawanda FCU
I was satisfied overall with my one experience with a credit union. I started my saving account with them pretty quickly. The process was easy, and I had no issues getting approved. Looking back, my experience with a credit union was a good one to have being so young and new to the world of banks and credit. I probably would have been overwhelmed had I gone to a larger bank or financial institution. Now that I am older, I need more advanced features, like mobile banking, several branch offices, etc. that a traditional credit union does not provide. I am considering moving to a large city in the next few months, and I doubt credit unions are available in such cities.
Data as of Q2 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 22464 |
| Year Chartered | 1976 |
| Employees | 5 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.5% |
| Return on Equity - YTD | 6.82% |
| Annual Interest Income | $432.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2018vs Q2 2017 | $31.6MM$30.3MM |
| Loans | Q2 2018vs Q2 2017 | $10.2MM$10.7MM |
| Deposits | Q2 2018vs Q2 2017 | $29.2MM$28.1MM |
| Equity Capital | Q2 2018vs Q2 2017 | $2.3MM$2.2MM |
| Loan Loss Allowance | Q2 2018vs Q2 2017 | $109.00K$87.00K |
| Unbacked Noncurrent Loans | Q2 2018vs Q2 2017 | $92.00K$117.00K |
| Real Estate Owned | Q2 2018vs Q2 2017 | $0$0 |
Sorry, we do not have rate data for Tonawanda Community Federal Credit Union.
| Tonawanda Community Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 257 Highland Pkwy | Buffalo, NY 14223-1407 |
| Branch Office | 315 Delaware St | Tonawanda, NY 14150-3511 |