named programs · 5 · from sources
What they call their work
Christmas Club and Fun Club Accounts
Specialized savings accounts designed to help members save for holiday shopping or summer activities with automatic payout features
Real Time Home Banking
Online and mobile banking platform providing 24/7 access to account management, fund transfers, and financial transactions
Regular Share (Savings) Account
Basic savings account that earns competitive dividends and establishes member ownership in the credit union
Share Draft (Checking) Account
Free checking account with no monthly fees or minimum balance requirements, including a Visa debit card and up to 40 free checks
Vehicle Loans
Financing for new and used vehicles with competitive interest rates and flexible terms up to 96 months
activities · 3 groups
What they do
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Credit Union Financial Services 4 activities
- Issues financial instruments and provides notary servicesProvides members with money orders and cashier's checks for a $2.00 fee, offers a reloadable Visa Travel Card for $5.00 per card, and supplies free notary public services to all members.
- Provides ATM access and fee waiversOffers surcharge-free access to ATMs worldwide via Sharenet and Allpoint networks; operates two surcharge-free ATMs in Buffalo, NY, and waives the first ATM fee each month for non-ECECU ATM transactions.
- Provides loan and savings services to membersOffers a full range of credit-based loan products and diverse savings options to support members' financial goals, including competitive rates and personalized service as part of a member-driven financial cooperative.
- Provides share draft and checking-related servicesOffers a free Share Draft (checking) account with no monthly fees or minimum balance, unlimited check writing, 40 free checks, and a Visa Debit Card; also provides overdraft protection up to $300 through the Courtesy Pay program.
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Student and User Data Privacy & Security 1 activity
- Implements information security safeguardsDeploys physical, electronic, and procedural protections to secure members' nonpublic personal information in compliance with federal regulations and industry standards.
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Financial Literacy Education Programs 1 activity
- Operates specialized savings accounts for seasonal financial needsManages targeted savings programs such as the Christmas Club Account, which saves throughout the year and transfers funds to savings on November 1st, and the Fun Club Account, designed for summer-related expenses with a cycle from July 1st to June 30th.
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financials · form 990 · fy2025
revenue
Total revenue$1.07M
Contributions & grants$00%
Program service revenue$529K49%
Investment income$546K51%
Other revenue$0
expenses
Total expenses$892K
Program expenses84%
Admin / overhead16%
Fundraising0%
Salaries & benefits$432K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$31.74M
Cash$2.19M
Investments$20.48M
Liabilities$27.53M
Net assets$4.21M
Liquid reserves304.9 mo
5 years on record · 2020–2025 · YoY revenue +24.9%
leadership · form 990 part vii · fy2025
Who runs it
paid leadership · 1
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| KRISTY DREW-GABIOUD | MANAGER BOARD MEMBER | 40 | $121K |
board members · 8
- ANTHONY HOUSE — BOARD MEMBER
- BARBARA YOUNG — CHAIR
- DAVID KINDA — SECRETARY
- JOSEPH SURDYK — TREASURER
- LINDA GIGANTE — BOARD MEMBER
- PAUL OWENS — VICE CHAIR
- ROBIN HICKS — BOARD MEMBER
- WALTER SIENKIEWICZ — BOARD MEMBER
relationships · 16
Who they work with
- 92 Franklin St. Buffalo, NY 14202 Partner — Branch location for in-person services
- 95 Franklin St. Buffalo, NY 14202 Partner — Branch location for in-person services
- Allpoint Network Network — Member of the Allpoint Network, providing members with surcharge-free ATM access nationwide and internationally.
- Buffalo Motropolitan FCU Partner — Shares ATM access through a shared credit union network arrangement.
- Buffalo Service FCU Partner — Shares ATM access through a shared credit union network arrangement.
- Buffalo and Erie County Public Library Employees Federal Credit Union Partner — Merged into Erie County Employees Federal Credit Union in 2013 to expand service offerings for library employees.
- Companies providing services or financial products Partner — Has agreements with companies that provide services to the credit union or offer additional financial products to members.
- Empire One FCU Partner — Shares ATM access through a shared credit union network arrangement.
- Great Erie FCU Partner — Shares ATM access through a shared credit union network arrangement.
- Niagara Regional FCU Partner — Shares ATM access through a shared credit union network arrangement.
- Other financial institutions Partner — Participates in joint marketing agreements with other financial institutions to offer financial products and services.
- Riverside FCU Partner — Shares ATM access through a shared credit union network arrangement.
- Scorecard Rewards Partner — Partner for rewards program on Visa Credit Card purchases.
- Sharenet Network — Member of the Sharenet network, allowing surcharge-free ATM access for members.
- The Summit FCU Partner — Shares ATM access through a shared credit union network arrangement.
- Western New York FCU Partner — Shares ATM access through a shared credit union network arrangement.
strategies · 4
How they approach the work
Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.
- Credit-Based Lending for Financial Accessmethodology: credit_based_lendingBy using credit-based lending criteria rather than asset-based requirements, the credit union expands access to loans for members, because it assesses repayment capacity and creditworthiness in a way that supports responsible borrowing without requiring high balances or collateral.
- Enhanced Member Access Through Networked Infrastructuremethodology: shared_network_accessibilityBy combining surcharge-free access to owned ATMs with participation in shared networks (Sharenet and Allpoint), the credit union increases convenience and reduces banking costs for members, because widespread, fee-free access improves financial usability and inclusion, especially for mobile or traveling members.
- Member-Owned Cooperative Modelmethodology: member_owned_cooperativeBy operating as a democratically governed, member-owned cooperative, the credit union ensures equitable control and decision-making, because each member has one vote regardless of account size, which aligns institutional priorities with member needs rather than external shareholders.
- Profit-Sharing Cooperative Structuremethodology: profit_sharing_cooperativeBy reinvesting surplus earnings into the credit union, the organization produces tangible member benefits such as dividends, lower loan rates, and expanded services, because the cooperative prioritizes member well-being over profit extraction, strengthening long-term financial inclusion.