Sep, 30, 2025 — BUFFALO SERVICE CREDIT UNION is a federally insured state chartered credit union headquartered in CHEEKTOWAGA, NY with 3 branch locations and about $107.61 million in total assets. Opened 93 years ago in 1933, BUFFALO SERVICE CREDIT UNION has about 8,946 members and employs 22 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | BUFFALO SERVICE CREDIT UNION |
|---|---|
| Address: (Main Office) | 3517 Union Rd CHEEKTOWAGA, NY 14225-5127 |
| Phone: | (716) 842-1320 |
| Fax: | (716) 842-1623 |
| Website: | https://www.buffaloservicecreditunion.org/ |
| Branches: | 3 branch locations |
| Members: | 8,946 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 60716 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1933 |
| Last Audited: | Mar 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $107,612,384 |
| CEO/Manager: | James Furman |
| Chairperson: | Kimberly Wallace |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 8,288,688 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 19,329,864 |
| Unsecured Loans | 4,391,942 |
| Other Loans | 18,443,535 |
| TOTAL LOANS | 42,165,341 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -202,814 |
| Land And Building | 2,083,758 |
| Other Fixed Assets | 286,249 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 878,110 |
| All Other Assets | 0 |
| TOTAL ASSETS | 107,612,384 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,921,693 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 17,755,060 |
| Regular shares | 62,892,428 |
| All Other Shares & Deposits | 12,816,556 |
| TOTAL SHARES & DEPOSITS | 93,464,044 |
| TOTAL LIABILITIES | 95,385,737 |
| Regular Reserve | 0 |
| Other Reserves | 1,429,588 |
| Undivided Earnings | 10,797,059 |
| TOTAL EQUITY | 12,226,647 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 107,612,384 |
| INCOME & EXPENSE | |
| Loan Income | 2,018,606 |
| Investment Income | 1,573,480 |
| Other Income | 180,419 |
| Total Employee Compensation & Benefits | 1,368,900 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,332,741 |
| Non-operating Income & (Expense) | -19,047 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 159,112 |
| Cost of Funds | 379,202 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,085,513 |
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