IRS BUFFALO FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.irsbflofcu.org for more information.
Sep, 30, 2025 — IRS BUFFALO FEDERAL CREDIT UNION is a federal credit union headquartered in Buffalo, NY with 2 branch locations and about $6.09 million in total assets. Opened 69 years ago in 1957, IRS BUFFALO FEDERAL CREDIT UNION has about 752 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | IRS BUFFALO FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 130 S Elmwood Ave, Ste 147 Buffalo, NY 14202-2465 |
| Phone: | (716) 854-3714 |
| Fax: | (716) 854-3108 |
| Website: | https://www.irsbflofcu.org |
| Branches: | 2 branch locations |
| Members: | 752 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 11524 |
|---|---|
| Membership Type: | Federal, State, Local Government |
| Corporate Credit Union: | No |
| Year Opened: | 1957 |
| Last Audited: | Jun 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $6,091,139 |
| CEO/Manager: | Lori Makowski |
| Chairperson: | Barbara Kalinowski |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 748,613 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 981,875 |
| Unsecured Loans | 766,312 |
| Other Loans | 2,554,534 |
| TOTAL LOANS | 4,302,721 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -68,349 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 56,493 |
| All Other Assets | 0 |
| TOTAL ASSETS | 6,091,139 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 26,106 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 781,189 |
| Regular shares | 4,685,800 |
| All Other Shares & Deposits | 286,413 |
| TOTAL SHARES & DEPOSITS | 5,753,402 |
| TOTAL LIABILITIES | 5,779,508 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 311,631 |
| TOTAL EQUITY | 311,631 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 6,091,139 |
| INCOME & EXPENSE | |
| Loan Income | 150,524 |
| Investment Income | 5,073 |
| Other Income | 29,245 |
| Total Employee Compensation & Benefits | 85,144 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 101,010 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 60,259 |
| Cost of Funds | 2,475 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -39,623 |
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