Niagara's Choice Federal Credit Union

Social
  • +1

A short history of Niagara's Choice FCU

Since its inception in 1953 the Niagara's Choice Federal Credit Union has been serving its members in the NIAGARA FALLS, 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 Alfred Frosolone, the Niagara's Choice FCU has grown its membership to over 23,880 with assets of more than $177,213,694. They have a main office and 5 branch offices. Please see the credit unions website or contact them by phone at (716) 284-4110 or email them at none to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in NIAGARA FALLS, NY.

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

Charter Number 8693
Address 3619 PACKARD RD 
City NIAGARA FALLS 
State New York 
Zip-Code 14303
Phone Number (716) 284-4110
Fax Number (716) 284-4123
Email Address: none
CEO/President Alfred Frosolone
Members 23,880 
Full-Time Employees 45 
Part-Time Employees
Number of Branch Offices
Total Assets 177,213,694 
Website http://www.niagaraschoice.org 

Compare Niagara's Choice Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Niagara Falls Mem. Med. Center CU niagara falls memorial medical center fcu 621 10th st 14302 (716) 278-4307 No 0.98
Niagara Frontier Federal Municipal CU Niagara Frontier Federal Employees Credit Union 615 Main St 14302 (716) 284-2161 No 1.23
Niagara Falls Teachers CU Niagara Falls Teachers' FCU 1925 Main St 14305 98 No 2.13
Saint John A M E CU SAINT JOHN AME FCU 917 GARDEN AVE 14305 (716) 285-6432 No 2.19
Rediform Niagara Falls Ny CU Main Location 3236 Lockport RD 14305 (716) 284-2430 No 2.34

Niagara's Choice Federal Credit Union Financial Performance Charts


Performance Charts

Website Image

Financial Data


Niagara's Choice 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 9.95 2.67 4.60 3.93 4.20
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 247 105 278 131 126
Rank Among All New York Credit Unions 42 45 86 43 36

Niagara's Choice Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.05 0.05 0.42 0.25
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 143 142 279 266
Rank Among All New York Credit Unions N/A 38 39 73 71
Niagara's Choice Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.9504,3346,051,175
All Other Unsecured Loans/Lines of Credit 8.9901,6515,593,582
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.67082012,182,647
Used Vehicle Loans 4.6001,20413,750,527
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.93039428,871,923
Total Other Real Estate Loans/Lines of Credit 4.20037313,589,812
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.38061118,517,426
TOTAL LOANS & LEASES 9,38798,557,092

Niagara's Choice Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

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 19614,982,581141,334,635
    b. 15 Years or less 19412,056,831121,177,650
Balloon/Hybrid
    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 41,832,51100

OTHER REAL ESTATE

Closed-End Fixed Rate 27110,831,521442,460,206
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 1022,758,29137444,541
Open-End Fixed Rate 0000
TOTALS 76742,461,7351075,417,032

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

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

Niagara's Choice 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 Yes
No Surcharge ATMs No
Home Banking Via Internet Website Yes