Sep, 30, 2025 — AFGM ENTERPRISES FEDERAL CREDIT UNION is a federal credit union headquartered in CHEEKTOWAGA, NY with 1 branch location and about $12.43 million in total assets. Opened 63 years ago in 1963, AFGM ENTERPRISES FEDERAL CREDIT UNION has about 1,203 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | AFGM ENTERPRISES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 132 Cayuga Rd CHEEKTOWAGA, NY 14225 |
| Phone: | (716) 634-3636 |
| Fax: | (716) 276-6966 |
| Website: | https://www.afgmentfcu.com |
| Branches: | 1 branch locations |
| Members: | 1,203 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 15618 |
|---|---|
| Membership Type: | Multiple common bond - other |
| Corporate Credit Union: | No |
| Year Opened: | 1963 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $12,429,234 |
| CEO/Manager: | Pamela Fialkiewicz |
| Chairperson: | STEPHANIE PALUMBO |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,292,850 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 3,409,784 |
| Unsecured Loans | 695,162 |
| Other Loans | 5,005,593 |
| TOTAL LOANS | 9,110,538 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -89,578 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 93,559 |
| All Other Assets | 0 |
| TOTAL ASSETS | 12,429,234 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 16,534 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 488,675 |
| Regular shares | 7,013,302 |
| All Other Shares & Deposits | 1,577,441 |
| TOTAL SHARES & DEPOSITS | 9,079,419 |
| TOTAL LIABILITIES | 9,095,953 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 3,333,281 |
| TOTAL EQUITY | 3,333,281 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 12,429,234 |
| INCOME & EXPENSE | |
| Loan Income | 373,409 |
| Investment Income | 67,532 |
| Other Income | 10,378 |
| Total Employee Compensation & Benefits | 152,759 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 138,011 |
| Non-operating Income & (Expense) | 5,448 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -22,500 |
| Cost of Funds | 52,685 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 135,812 |
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