Sep, 30, 2025 — GREATER NIAGARA FEDERAL CREDIT UNION is a federal credit union headquartered in NIAGARA FALLS, NY with 2 branch locations and about $67.51 million in total assets. Opened 72 years ago in 1954, GREATER NIAGARA FEDERAL CREDIT UNION has about 7,877 members and employs 14 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | GREATER NIAGARA FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 2901 MILITARY RD NIAGARA FALLS, NY 14304-1251 |
| Phone: | (716) 297-5944 |
| Fax: | (716) 297-6074 |
| Website: | https://www.greaterniagarafcu.com |
| Branches: | 2 branch locations |
| Members: | 7,877 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 9537 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1954 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $67,508,839 |
| CEO/Manager: | Janelle R Zasucha |
| Chairperson: | George J Lodick III |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 7,946,322 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 11,316,857 |
| Unsecured Loans | 4,753,001 |
| Other Loans | 10,741,293 |
| TOTAL LOANS | 26,811,151 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -236,324 |
| Land And Building | 1,935,586 |
| Other Fixed Assets | 169,610 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 595,613 |
| All Other Assets | 0 |
| TOTAL ASSETS | 67,508,839 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 631,841 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 11,845,999 |
| Regular shares | 44,699,025 |
| All Other Shares & Deposits | 1,405,799 |
| TOTAL SHARES & DEPOSITS | 57,950,824 |
| TOTAL LIABILITIES | 58,582,665 |
| Regular Reserve | 0 |
| Other Reserves | 1,194,977 |
| Undivided Earnings | 7,731,197 |
| TOTAL EQUITY | 8,926,174 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 67,508,839 |
| INCOME & EXPENSE | |
| Loan Income | 1,185,106 |
| Investment Income | 959,038 |
| Other Income | 205,401 |
| Total Employee Compensation & Benefits | 653,617 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,279,472 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 15,244 |
| Cost of Funds | 88,870 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 563,663 |
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