Amherst, NY 14221
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Notable Rates APY Vs.Others
Savings N.A. 0.95% →
1-Year CD N.A. 1.01% →
2-Year CD N.A. 0.95% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Credit Union Information

Amherst is an NCUA insured institution located in Amherst, NY. It was founded in 1947 and has approximately $34.54 millions in assets.

NCUA Insured Yes
Charter Number # # 5439
Date Established 1947
Assets $34.54 million
Loans $16.01 million
Deposits $31.53 million
Capital $2.93 million

Field of Membership Restrictions

Membership is open to those live, work, attend school, or worship in, and businesses and other legal entities located in the Towns of Amherst, West Seneca, Cheektowaga or the Village of Depew in Erie County, New York.

Deposit Rates - October 25, 2020

Your Current Location: Washington, WA 98101

We do not yet have rates for Amherst

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Loan Rates - October 25, 2020

Your Current Location: Washington, WA 98101

There are currently no loan rates available for AMHERST

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Washington 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Learn More
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
NMLS ID: 2890
License#: 520-CL-25944
2.575% 2.500% 1.00 $2,470 $988 Learn More
Cascadia Mortgage
NMLS ID: 1505422
License#: NMLS #1505422
2.830% 2.750% 0.63 $2,622 $1,021 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More

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Below are Amherst branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

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Amherst Locations

Financial Details

Amherst Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Amherst. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Amherst U.S. Average
6.44% 6.71

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of March 30, 2020, Amherst had $195,629 in non-current loans and $0 in owned assets. To cover these potential losses it had $2,934,521 in net worth and $105,447 in loans loss reserves. That gives it a Texas Ratio of 6.44%.

Net Worth
Amherst U.S. Average
8.49% 13.61%

Amherst FCU has a net worth of 8.49% versus the BestCashCow average of 13.61. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Amherst

Branches and Savings

What is Amherst?

A federal credit union, registered with the NCUA under certificate #5439.
Learn more about credit unions here.

Is Amherst FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join Amherst?

Please see Field of Membership information above for information on who is eligible to join.

What are Amherst's share account and share certificate rates?

Amherst's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Amherst?

Amherst has total capital of $2.93 million. Full information on Amherst's financial position is located above.

Who owns Amherst?

Credit Unions are owned by their members.

Where are Amherst branches located?

See branch locations nearby.

Are Amherst ATMs Open 24/7?

Do Amherst ATMs accept cash deposits?

Can Amherst customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Amherst have a mobile app?

Does Amherst have mobile deposit?

Does Amherst have quick pay?

How can Amherst transfer money to other banks or credit unions?

Does Amherst report to credit bureaus?

Does Amherst use Chexsystems?

Does Amherst use Equifax?

What is Amherst's toll free phone number?

What is Amherst's ACH Routing Number?

What is Amherst's SWIFT code?

Where can I find Amherst's wire transfer form?

What is the Amherst address for deposits?

What Products Does Amherst Offer

Does Amherst offer mortgages?

Compare mortgage rates here.

Does Amherst offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Amherst offer auto and RV loans?

Compare auto loan rates here.

Does Amherst offer student loans or personal loans?

Compare personal loan rates here.

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