Credit union
Empire One Federal Credit Union
Cheektowaga, New York, Erie County, NY
$76M in total assets and 4,849 members, the 2,059th largest of 4,298 US credit unions and 106th of 268 headquartered in New York.
- NCUA charter
- 613
- Charter
- Federal
- Chartered
- 1935
- NCUA insured since
- 1971
- Field of membership
- Community credit unions
- Low-income designation
- Yes
- Website
- http://www.empireonefcu.org
At a glance
Compared with 117 federally insured credit unions in New York with under $100 million in assets, as of June 30, 2026.
| Measure | This credit union | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $76M | 88% | $36M | |
| Loans | $30M | 80% | $14M | |
| Deposits (shares) | $68M | 90% | $30M | |
| Members | 4,849 | 80% | 2,649 | |
| Return on assets | -1.62% | 2% | 0.85% | |
| Net interest income to assets | 3.11% | 22% | 3.74% | |
| Efficiency ratio | 142.5% | 97% | 78.3% | |
| Net worth ratio | 10.11% | 23% | 12.19% | |
| Loans to shares | 44% | 34% | 52% | |
| Cost of deposits | 0.06% | 3% | 0.78% |
Ratios are annualized from year-to-date figures. Return on assets uses average assets, as NCUA does. Cost of deposits includes dividends on shares.
Growth
Total assets grew 0.2% a year over 10 years but fell 2.6% a year over the last 5, without mergers. Membership fell 5.3% a year over 5 years, to 4,849.
Mergers and acquisitions
| Closed | Absorbed | Assets at last filing |
|---|---|---|
| Apr 2012 | Circolo Campobello Di Licata Federal Credit Union Credit union, Amherst, NY | $264K |
Where they operate
0 branches in 0 counties.
Branches by year
| Year end | Branches | Change |
|---|---|---|
| 2016 | 3 | |
| 2017 | 2 | −1 |
| 2018 | 2 | 0 |
| 2019 | 2 | 0 |
| 2020 | 2 | 0 |
| 2021 | 2 | 0 |
| 2022 | 2 | 0 |
| 2023 | 2 | 0 |
| 2024 | 1 | −1 |
Member-serving offices as listed in NCUA call reports. Changes include branches gained in mergers.
Earnings and credit
Return on assets
Year to date, annualized, with the peer median.
Credit and capital
| This credit union | Peer median | |
|---|---|---|
| Delinquent loans, 60+ days | 0.32% | 0.73% |
| Net worth ratio | 10.11% | 12.19% |
| Loans to shares | 44% | 52% |
Delinquent loans are two or more months past due. Net worth is NCUA's capital measure for credit unions.
Related
Credit unions of similar size in New York
Figures as of June 30, 2026 from the credit union's NCUA call report (Form 5300), NCUA's credit union locator and FFIEC merger records.