FINANCIAL TRUST Credit Union Profile

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FINANCIAL TRUST

Charter #6870 | NCUA Region 1 | FCU

Low-Income Designation: No

Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (716) 831-3007

Fax: (716) 831-0669

Founding Date: N/A

Website: http://www.financialtrustfederalcre

Personnel & Operations

President: Oldenburg, Timothy

Manager: Morrison, John

FT Employees: 25

PT Employees: 4

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 00

Branches: 7

Hours: Monday - Wednesday 9:00 - 4:00 Thursday

Credit Union Profile Summary

FINANCIAL TRUST is a FCU Credit Union. With a total of 13,782 members ^[1], this institution manages approximately $185,391,200 in total assets ^[1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 14.98% ^[1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 10.66% ^[1].

Financial Snapshot

Total Assets ^[1]

$185,391,200

Total economic resources.

Total Loans ^[1]

$106,853,959

Total value of outstanding loans.

Total Deposits ^[1]

$157,094,325

Total funds deposited by members.

Members ^[1]

13,782

Number of active members.

Performance Ratios

Net Worth Ratio ^[1]

14.98%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) ^[1]

1.63%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio ^[1]

68.02%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) ^[1]

↑ 6.33%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) ^[1]

↑ 10.66%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) ^[1]

↑ 0.39%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

3333 Harlem Rd

Cheektowaga, NY, 14225

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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

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Branch Locations

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