Buffalo Metropolitan Federal Credit Union

Headquarters

62 S Elmwood Ave
Buffalo, NY 14202
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 1.65% →
1-Year CD 0.15% 2.02% →
2-Year CD 0.25% 3.00% →
5-Year CD 0.40% 3.50% →
30-Year Mortgage N.A. 6.31% →
15-Year Mortgage N.A. 5.86% →
HELOC N.A. 2.79% →

2022 Overview

General Credit Union Information

Buffalo Metropolitan is an NCUA insured institution located in Buffalo, NY. It was founded in 1937 and has approximately $140.93 millions in assets.

NCUA Insured Yes / Federally Chartered
Charter Number # # 2209
Date Established 1937
Assets $140.93 million
Loans $97.86 million
Deposits $129.65 million
Capital $14.27 million
 

Field of Membership Restrictions

Membership is open to those who live, work, worship, volunteer, or attend school in Erie County and to immediate family.

Deposit Rates - June 28, 2022

Your Current Location: California, CA 92111

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.10% $1,000 - Learn More
Money Market
0.10% $2,500 $9,999 Learn More
Money Market
0.15% $10,000 $24,999 Learn More
Money Market
0.20% $25,000 $999,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.05% $500 - Learn More
12 Mo CD
0.15% $500 - Learn More
18 Mo CD
0.20% $500 - Learn More
24 Mo CD
0.25% $500 - Learn More
36 Mo CD
0.30% $500 - Learn More
48 Mo CD
0.35% $500 - Learn More
60 Mo CD
0.40% $500 - Learn More
Variable IRA Rates APY MIN MAX
Var IRA
0.40% $1 - Learn MoreShow Less

Loan Rates - June 28, 2022

Your Current Location: California, CA 92111

There are currently no loan rates available for BUFFALO METROPOLITAN

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



Featured - California 30 Year Fixed Mortgage Rates 2022

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
6.475% 6.375% 0.88 $2,638 $1,560 Learn More

Featured - California Home Equity Line Of Credit Rates 2022

Lender APR (%)? Monthly Payment? Learn More

Note to BUFFALO METROPOLITAN
To upload and update your bank's rates please register. It is free to register and add rates.


 

Branches

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

Your Location:
San Diego,California


Buffalo Metropolitan Locations



Climate Initiatives

BUFFALO METROPOLITAN is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.

Financial Details

Buffalo Metropolitan Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Buffalo Metropolitan. 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
Buffalo Metropolitan U.S. Average
8.93% 4.85

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 December 31, 2021, Buffalo Metropolitan had $1,304,328 in non-current loans and $0 in owned assets. To cover these potential losses it had $14,271,577 in net worth and $327,556 in loans loss reserves. That gives it a Texas Ratio of 8.93%.

Net Worth
Buffalo Metropolitan U.S. Average
10.12% 12.36%

Buffalo Metropolitan FCU has a net worth of 10.12% versus the BestCashCow average of 12.36. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

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