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Tonawanda Community Credit Union
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Tonawanda Community Credit Union Share
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Overview Share
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Tonawanda Community Credit Union is a federal credit union based in Buffalo, New York. It has been opened since 1976, for 46 years.

With around $32,120,000 in assets, Tonawanda Community Credit Union is considered to be an average size credit union.

About Share
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Address 257 Highland Parkway
Buffalo, New York 14223
Website http://Toncomfcu.com
Phone (716) 873-4688
Fax (716) 873-2124
CEO Melinda C. Hedges
President of the Board Michael Hazen
Services Offered
Score Card Share
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46 years
Years in business
Opened in 1976
Well Capitalized
Net worth classification
Source: NCUA
6,076 members
Membership type: Community credit union
Above average number of members
935:1
Credit union member to staff ratio
935 per each FTE employee
Compared to 411:1 nationally
Less staff than other credit unions
$32,122,612
Total assets
Average size
2 branches
Compared with an average of 4 nationally and 3 in New York
Above average number of branches
0.05%
Savings interest rate
Compared to 0.3% nationally
10.50%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches Share
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2 branches
Compared with an average of 4 nationally and 3 in New York
Above average number of branches
Tonawanda Community Credit Union Branch Locations

Tonawanda Community Credit Union: Delaware
315 Delaware Street
Tonawanda, New York 14150
No ATM
Tonawanda Community Credit Union: Main
257 Highland Parkway
Buffalo, New York 14223
No ATM
Members Share
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6,076 members
Membership type: Community credit union
Above average number of members

With 6,076 members, the Tonawanda Community Credit Union is considered to be a large credit union. It is larger than 61% of credit unions.

Fees Share
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$33
Average fee per member
The average fee per member at the Tonawanda Community Credit Union is $33, which is low compared to most credit unions. This rate is lower than 62% of all credit unions.
Fees are lower than 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 Tonawanda Community Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
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935:1
Credit union member to staff ratio
935 per each FTE employee
Compared to 411:1 nationally
Less staff than other credit unions
6 staff members
FTE (full-time equivalent)
56% of employees are part-time
4 full-time, 5 part-time

Tonawanda Community Credit Union has 4 full-time staff members and 5 part-time staff members. The staff is comprised of part-time and full-time staff, with part-time staff approximately 56% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Tonawanda Community Credit Union has around 935 members per staff, a high ratio compared to other credit unions.

Assets Share
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$32,122,612
Total assets
Average size
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.
7.6%
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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$6,782
Average loan and lease size
Loan & lease sizes are small. They are smaller than at 79% of credit unions.

Tonawanda Community Credit Union holds a total of $10,370,000 in loans and leases, which is about $6,782 per member on average.

Savings interest rate Share
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0.05%
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. Tonawanda Community Credit Union pays 0.05%.

Loan rates Share
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10.50%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
10.95%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
8.95%
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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3.95%
New car loan rate
Compared to 4.0% nationally
5.95%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates Share
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5.95%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
4.75%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally

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Service Credit Union Routing Number
Resource: Service Credit Union Routing Number Service Credit Union is a credit union based in Portsmouth, New Hampshire. Service Credit Union’s US routing number is 211489656.
Tonawanda Community Credit Union: Main
Credit Union Branch: 257 Highland Parkway
Buffalo, New York 14223 No ATM
Tonawanda Community Credit Union: Delaware
Credit Union Branch: 315 Delaware Street
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