Sep, 30, 2025 — NIAGARA FRONTIER FEDERAL MUNICIPAL CREDIT UNION is a federally insured state chartered credit union headquartered in NIAGARA FALLS, NY with 1 branch location and about $2.09 million in total assets. Opened 95 years ago in 1931, NIAGARA FRONTIER FEDERAL MUNICIPAL CREDIT UNION has about 278 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | NIAGARA FRONTIER FEDERAL MUNICIPAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 615 Main St NIAGARA FALLS, NY 14302 |
| Phone: | (716) 284-2161 |
| Fax: | (716) 282-4023 |
| Website: | https://www.nffmecu.com |
| Branches: | 1 branch locations |
| Members: | 278 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 63793 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1931 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $2,091,101 |
| CEO/Manager: | Michele Fritzke |
| Chairperson: | Philip D Young |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 625,146 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 285,395 |
| Other Loans | 999,913 |
| TOTAL LOANS | 1,285,308 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -46,387 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 20,216 |
| All Other Assets | 0 |
| TOTAL ASSETS | 2,091,101 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | -3 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 242,530 |
| Regular shares | 1,236,189 |
| All Other Shares & Deposits | 437,702 |
| TOTAL SHARES & DEPOSITS | 1,916,421 |
| TOTAL LIABILITIES | 1,916,418 |
| Regular Reserve | 0 |
| Other Reserves | 172,457 |
| Undivided Earnings | 2,226 |
| TOTAL EQUITY | 174,683 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,091,101 |
| INCOME & EXPENSE | |
| Loan Income | 72,488 |
| Investment Income | 18,079 |
| Other Income | 10,068 |
| Total Employee Compensation & Benefits | 83,755 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 67,314 |
| Non-operating Income & (Expense) | 779 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 9,081 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -58,736 |
| ↑ Back to Top | |