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Niagara Falls A F Credit Union

Overview
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Niagara Falls A F Credit Union is a federal credit union based in Niagara Falls, New York. It has been opened since 1955, for 65 years.

With around $14,180,000 in assets, Niagara Falls A F Credit Union is considered to be a medium size credit union.

About
Address 2420 Olmstead Street
Niagara Falls, New York 14304
Website http://www.niagarafallsafcu.com
Phone (716) 297-4034
Fax (716) 297-1223
CEO Melissa C. Trosterud
President of the Board Brian Waite
Services Offered
Map
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Score Card
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65 years
Years in business
Opened in 1955
Well Capitalized
Net worth classification
Source: NCUA
1,987 members
Membership type: Military
Below average number of members
442:1
Credit union member to staff ratio
442 per each FTE employee
Compared to 411:1 nationally
Fewer staff
$14,179,446
Total assets
Below average
0 branches
Compared with an average of 4 nationally and 3 in New York
Above average number of branches
0.20%
Savings interest rate
Compared to 0.3% nationally
Branches
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0 branches
Compared with an average of 4 nationally and 3 in New York
Above average number of branches
Niagara Falls A F Credit Union Branch Locations
Members
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1,987 members
Membership type: Military
Below average number of members

With 1,987 members, the Niagara Falls A F Credit Union is considered to be a small credit union. It is smaller than 65% of credit unions.

Fees
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$47
Average fee per member
The average fee per member at the Niagara Falls A F Credit Union is $47, which is comparable to most credit unions. This rate is lower than 51% 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 Niagara Falls A F Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
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442:1
Credit union member to staff ratio
442 per each FTE employee
Compared to 411:1 nationally
Fewer staff
4 staff members
FTE (full-time equivalent)
20% of employees are part-time
4 full-time, 1 part-time

Niagara Falls A F Credit Union has 4 full-time staff members and 1 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 80% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Niagara Falls A F Credit Union has around 442 members per staff, a higher ratio compared to other credit unions.

Assets
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$14,179,446
Total assets
Below average
Net worth
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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.
14.2%
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
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$8,178
Average loan and lease size
Loan & lease sizes are small. They are smaller than at 68% of credit unions.

Niagara Falls A F Credit Union holds a total of $5,170,000 in loans and leases, which is about $8,178 per member on average.

Savings interest rate
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0.20%
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. Niagara Falls A F Credit Union pays 0.20%.

Loan rates
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9.58%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
2.95%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
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2.41%
New car loan rate
Compared to 4.0% nationally
3.49%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates
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4.54%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally
5.49%
Other real estate loan rates
Compared to 0.9% nationally
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