Sep, 30, 2025 — GREAT ERIE FEDERAL CREDIT UNION is a federal credit union headquartered in ORCHARD PARK, NY with 4 branch locations and about $147.70 million in total assets. Opened 74 years ago in 1952, GREAT ERIE FEDERAL CREDIT UNION has about 9,496 members and employs 28 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | GREAT ERIE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 4000 N Buffalo St ORCHARD PARK, NY 14127 |
| Phone: | (716) 662-1311 |
| Fax: | (716) 662-9475 |
| Website: | https://www.greateriefcu.com |
| Branches: | 4 branch locations |
| Members: | 9,496 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 7925 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1952 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $147,697,261 |
| CEO/Manager: | Robyn L Young |
| Chairperson: | Joette Cappello |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 6,636,114 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 49,878,412 |
| Unsecured Loans | 5,863,329 |
| Other Loans | 40,654,280 |
| TOTAL LOANS | 96,396,021 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -336,928 |
| Land And Building | 837,442 |
| Other Fixed Assets | 786,757 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,169,912 |
| All Other Assets | 0 |
| TOTAL ASSETS | 147,697,261 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 249,248 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 27,619,446 |
| Regular shares | 61,130,090 |
| All Other Shares & Deposits | 41,144,896 |
| TOTAL SHARES & DEPOSITS | 129,894,432 |
| TOTAL LIABILITIES | 130,143,680 |
| Regular Reserve | 0 |
| Other Reserves | -52,236 |
| Undivided Earnings | 17,605,817 |
| TOTAL EQUITY | 17,553,581 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 147,697,261 |
| INCOME & EXPENSE | |
| Loan Income | 3,713,972 |
| Investment Income | 1,035,688 |
| Other Income | 426,130 |
| Total Employee Compensation & Benefits | 1,576,532 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,678,265 |
| Non-operating Income & (Expense) | 360,055 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -428 |
| Cost of Funds | 969,831 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,614,417 |
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