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Financial Trust Credit Union Share
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Overview Share
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Financial Trust Credit Union is a federal credit union based in Orchard Park, New York. It has been opened since 1950, for 72 years.

With around $79,090,000 in assets, Financial Trust Credit Union is considered to be a large credit union. It has 5 branches and 3 ATM locations.

About Share
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Address 6520 Webster Road
Orchard Park, New York 14127
Website http://www.financialtrustfederalcre
Phone (716) 831-3007
Fax (716) 972-0052
CEO John Morrison
President of the Board Leonard Lacongo
Services Offered
Score Card Share
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72 years
Years in business
Opened in 1950
Well Capitalized
Net worth classification
Source: NCUA
8,806 members
Membership type: Community credit union
Above average number of members
476:1
Credit union member to staff ratio
476 per each FTE employee
Compared to 411:1 nationally
Fewer staff
$79,094,462
Total assets
Above average
5 branches
Compared with an average of 4 nationally and 3 in New York
Above average number of branches
0.10%
Savings interest rate
Compared to 0.3% nationally
10.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches Share
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5 branches
Compared with an average of 4 nationally and 3 in New York
Above average number of branches
Financial Trust Credit Union Branch Locations

Financial Trust Credit Union: West Seneca
4257 Seneca Street
West Seneca, New York 14224
ATM Available
Financial Trust Credit Union: Orchard Park 6520 Webster Road
6520 Webster Road
Orchard Park, New York 14127
ATM Available
Financial Trust Credit Union: Rich Products
1 Robert Rich Way
Buffalo, New York 14213
No ATM
Financial Trust Credit Union: Grand Island
2014 Grand Island Boulevard
Grand Island, New York 14072
No ATM
Financial Trust Credit Union: Harlem
3333 Harlem Road
Cheektowaga, New York 14225
ATM Available
Members Share
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8,806 members
Membership type: Community credit union
Above average number of members

With 8,806 members, the Financial Trust Credit Union is considered to be a large credit union. It is larger than 68% of credit unions.

Fees Share
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$42
Average fee per member
The average fee per member at the Financial Trust Credit Union is $42, which is comparable to most credit unions. This rate is lower than 55% of all credit unions.
Fees are average

Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.

The average fee per member gives you a general sense of how much you might pay in fees as a member of the Financial Trust Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
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476:1
Credit union member to staff ratio
476 per each FTE employee
Compared to 411:1 nationally
Fewer staff
18 staff members
FTE (full-time equivalent)
5% of employees are part-time
18 full-time, 1 part-time

Financial Trust Credit Union has 18 full-time staff members and 1 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 95% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Financial Trust Credit Union has around 476 members per staff, a higher ratio compared to other credit unions.

Assets Share
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$79,094,462
Total assets
Above average
Net worth Share
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Well Capitalized
Net worth classification
Source: NCUA
A well capitalized credit union has a net worth ratio of 7% or greater and also meets applicable risk-based net worth requirements, according to the National Credit Union Administration.
13.2%
Net worth ratio
A higher net worth ratio is better.
Compared to an average of 13.6% nationally

A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength

The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.

Loans & leases Share
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$13,434
Average loan and lease size
Loan & lease sizes are bigger than average. They are bigger than at 73% of credit unions.

Financial Trust Credit Union holds a total of $52,000,000 in loans and leases, which is about $13,434 per member on average.

Savings interest rate Share
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0.10%
Savings interest rate
Compared to 0.3% nationally

A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.

A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. Financial Trust Credit Union pays 0.10%.

Loan rates Share
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10.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
8.01%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
4.66%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates Share
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2.46%
New car loan rate
Compared to 4.0% nationally
3.91%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates Share
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5.25%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
3.87%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally

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Similar Credit Unions to Financial Trust Credit Union

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Financial Trust Credit Union: Orchard Park 6520 Webster Road
Credit Union Branch: 6520 Webster Road
Orchard Park, New York 14127 ATM Available
Financial Trust Credit Union: Orchard Park 6520 Webster Road ATM
Credit Union ATM: 55 Inverness Drive E.
Englewood, Colorado 80112
Financial Trust Credit Union: Harlem ATM
Credit Union ATM: 3333 Harlem Road
Cheektowaga, New York 14225
Financial Trust Credit Union: Orchard Park 6520 Webster Road ATM
Credit Union ATM: 6520 Webster Road
Orchard Park, New York 14127
Financial Trust Credit Union: Grand Island
Credit Union Branch: 2014 Grand Island Boulevard
Grand Island, New York 14072 No ATM
Financial Trust Credit Union: West Seneca ATM
Credit Union ATM: 4257 Seneca Street
West Seneca, New York 14224
Financial Trust Credit Union
Credit Union: Well Capitalized Orchard Park, New York 8806.0 $79 million Well Capitalized
Financial Trust Credit Union: Rich Products
Credit Union Branch: 1 Robert Rich Way
Buffalo, New York 14213 No ATM
Financial Trust Credit Union: Harlem
Credit Union Branch: 3333 Harlem Road
Cheektowaga, New York 14225 ATM Available
Financial Trust Credit Union: West Seneca
Credit Union Branch: 4257 Seneca Street
West Seneca, New York 14224 ATM Available