GOWANDA AREA Credit Union Profile

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GOWANDA AREA

Charter #818 | NCUA Region 1 | FCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (716) 532-3790

Fax: (716) 532-4629

Founding Date: N/A

Website: https://www.gafcu.org

Personnel & Operations

President: Spires, Dawn

Manager: Hill, Lisa

FT Employees: 3

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 36

Branches: 1

Hours: Monday, Tuesday & Thursday 8:30 -430 Wed 8:

Credit Union Profile Summary

GOWANDA AREA is a FCU Credit Union. With a total of 1,890 members [1], this institution manages approximately $31,380,847 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 14.93% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -6.83% [1].

Financial Snapshot

Total Assets [1]
$31,380,847

Total economic resources.

Total Loans [1]
$13,546,531

Total value of outstanding loans.

Total Deposits [1]
$26,658,215

Total funds deposited by members.

Members [1]
1,890

Number of active members.

Performance Ratios

Net Worth Ratio [1]
14.93%

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]
2.50%

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

Loan-to-Share Ratio [1]
50.82%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
6.41%

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

Loan Growth (4Q) [1]
-6.83%

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

Member Growth (4Q) [1]
-2.17%

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

Headquarters Location & Map

Headquarters Address

14266 Taylor Hollow Rd

Gowanda, NY, 14070-9703

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 1 branches reported by GOWANDA AREA (Charter #818).

Main Office

Gowanda Area FCU Main Office

Type: Corporate Office

14266 Taylor Hollow Rd

Gowanda, NY 14070-9703

Phone: (716) 532-3790

Services: Member Services

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