Credit Union Profile
Like all Credit Unions, Amherst FCU is wholly owned by its members. As owners, these shareholders (members) receive earnings as higher dividends on savings, lower interest rates on loans, fewer and lower fees and full commitment from management and staff to confidential personalized services. Other earnings are set aside as reserves.
Our Credit Union is federally insured by the National Credit Union Administration (NCUA) and each member’s deposits are backed by the full faith and credit of the United States Government to at least $250,000.
Mission Statement
It is the mission of Amherst FCU to provide its member owners with personal service, consumer education, and competitive financial rates while remaining fiscally sound and secure.
Who, What, When, Where, and Why
Who: 3900(+) members of 53 (and growing) sponsor employers and their families; established by educators in 1947; all employees and members of their families and households are eligible for membership.
What: A cooperative organization of savers and borrowers who share a common employer; chartered, supervised and insured by the federal government and subject to federal examination of its records and policies at least once a year; now holding $26 million in assets with about 10 volunteers and 7 paid staff members.
When: Our Credit Union is open Monday through Friday from 9:00 AM to 4:30 PM. Extended hours Thursday from 9:00 AM to 6:00 PM and Saturday from 9:00 AM to Noon. Members receive “live in person” service (no voice mail) by telephone (716-634-3881) during business hours and 24-hour account information service by telephone using Teller-24 (716-634-2025) or our Home Banking website. Cash withdrawals can be made at nearly any ATM. Deposits, other than cash, can be mailed to our office. Please be sure to indicate your account number and any other pertinent information. (Please be sure to request a receipt if one is needed).
Loan application for new borrowers – apply in person for a 10-minute interview. Experienced borrowers may apply by phone, fax, mail, or right here on our convenient website. Same day loan approval for qualified members is generally available upon request.
Where: At 6470 Main Street, Suite 5, Amherst, NY 14221 in the Office Park of Williamsville on the north side of Main Street between Youngs and Transit Roads, opposite Limestone Drive. Our credit union is near Erie Community College. Look for the sign indicating the Office Park of Williamsville which is visible from the road.
Why: To provide a place for members to save and to borrow at attractive rates, where service is our main business; we’re also a good source of financial advice and direction where the convenience of payroll deduction and direct deposit for loans and savings is easy to manage. Your credit union is a fringe benefit that represents no cost to the employer and provides financial assistance and convenience for the employees. A credit union helps its members obtain low cost, reliable service with personalized attention to the financial needs of every member.
Need help logging in? If you are having trouble accessing your account, or if this is your first time logging in to home banking, please contact the credit union office so we can help with the setup of your online account.
