Amherst Federal Credit Union

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A short history of Amherst FCU

Since its inception in 1947 the Amherst Federal Credit Union has been serving its members in the AMHERST, New York area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Keri Walczyk, the Amherst FCU has grown its membership to over 4,220 with assets of more than $33,743,437. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (716) 634-3881 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in AMHERST, NY.

General Information For Amherst FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 5439
Address 6470 MAIN STREET, SUITE 5 
State New York 
Zip-Code 14221
Phone Number (716) 634-3881
Fax Number (716) 634-1272
Email Address:
CEO/President Keri Walczyk
Members 4,220 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 33,743,437 

Compare Amherst Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Western Division CU WILLIAMSVILLE 6750 MAIN ST 14221 (716) 632-9328 No 1.72
Clarence Community & Schools CU Clarence Community & Schools FCU 9145 Sheridan Dr 14031 (716) 630-0888 No 3.79
Afgm Enterprises CU MaiN Office 132 Cayuga Rd 14225 (716) 634-3636 No 3.79
Maryvale Schools CU Office 1050 Maryvale Dr 14225 (716) 633-8750 No 3.85
Financial Trust CU orchard park 3735 N Buffalo St 14127 (716) 972-0051 No 4.72

Amherst Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Amherst Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 10.93 2.39 5.77 4.10 4.92
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 335 70 418 154 219
Rank Among All New York Credit Unions 57 30 127 55 76

Amherst Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.15 N/A 0.25 0.24
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 119 N/A 310 267
Rank Among All New York Credit Unions N/A 30 N/A 81 72
Amherst Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 10.9306651,977,458
All Other Unsecured Loans/Lines of Credit 8.9107771,015,783
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.39069936,348
Used Vehicle Loans 5.7702172,054,975
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.100615,260,121
Total Other Real Estate Loans/Lines of Credit 4.9201283,145,092
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.740627,824
TOTAL LOANS & LEASES 1,92314,417,601

Amherst Federal Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 262,664,3904504,155
    b. 15 Years or less 352,595,7313316,500
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 581,080,59600
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 702,064,49618318,235
TOTALS 1898,405,213251,138,890


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Amherst Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay No
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders No
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes