REDIFORM NIAGARA FALLS NY FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.rediformfcu.com for more information.
Sep, 30, 2025 — REDIFORM NIAGARA FALLS NY FEDERAL CREDIT UNION is a federal credit union headquartered in NIAGARA FALLS, NY with 1 branch location and about $12.20 million in total assets. Opened 90 years ago in 1936, REDIFORM NIAGARA FALLS NY FEDERAL CREDIT UNION has about 1,940 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: | REDIFORM NIAGARA FALLS NY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 3236 LOCKPORT RD NIAGARA FALLS, NY 14305-2312 |
| Phone: | (716) 284-2430 |
| Fax: | (716) 284-0923 |
| Website: | https://www.rediformfcu.com |
| Branches: | 1 branch locations |
| Members: | 1,940 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 1317 |
|---|---|
| Membership Type: | Multiple common bond - Primarily other manufacturing |
| Corporate Credit Union: | No |
| Year Opened: | 1936 |
| Last Audited: | Nov 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $12,195,774 |
| CEO/Manager: | Linda L Casper |
| Chairperson: | Paul F Klock |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,291,798 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 2,323,686 |
| Unsecured Loans | 1,246,731 |
| Other Loans | 3,992,008 |
| TOTAL LOANS | 7,562,425 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -49,832 |
| Land And Building | 61,073 |
| Other Fixed Assets | 20,335 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 105,102 |
| All Other Assets | 0 |
| TOTAL ASSETS | 12,195,774 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 59,348 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,059,828 |
| Regular shares | 5,649,192 |
| All Other Shares & Deposits | 3,593,924 |
| TOTAL SHARES & DEPOSITS | 10,302,944 |
| TOTAL LIABILITIES | 10,362,292 |
| Regular Reserve | 0 |
| Other Reserves | 842,123 |
| Undivided Earnings | 991,359 |
| TOTAL EQUITY | 1,833,482 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 12,195,774 |
| INCOME & EXPENSE | |
| Loan Income | 320,157 |
| Investment Income | 27,215 |
| Other Income | 47,879 |
| Total Employee Compensation & Benefits | 157,854 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 191,297 |
| Non-operating Income & (Expense) | -19 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 17,500 |
| Cost of Funds | 10,661 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 46,535 |
| ↑ Back to Top | |