Rates & Fees

Loan Rates

Loan Rates Effective: October 1, 2017

Personal Loan

TermAPRCredit Limit
24 Month6.75%$2,500.00
30 Month7.25% 
36 Month7.75%$5,000.00
48 Month8.25% 

Revolving LOC Loan

TermAPRCredit Limit
Revolving Open End LOCas low as 7.75%$7,500.00 Maximum

Variable APR Rates may change on January 1st and July 1st of each year

12/9 Short Term Loan

TermAPR
12 Month5.50%

Debt Consolidation

TermAPRCredit Limit
36 Month8.50%$10,000.00
48 Month9.00% 
60 Month9.50% 

All loans are subject to credit approval and Loan Rates may vary based on your Experian credit score. Published Rates are established for a credit with a score of 730-779.

New Autos (2017-2018)

TermAPRCredit Limit
48 Month2.75%Up To 100% Financing
60 Month3.25% 
72 Month3.75% 

Used Autos (2016-2011)

TermAPRCredit Limit
36 Month3.25%Book Retail Value
48 Month3.75% 
60 Month4.25% 
72 Month4.75% 

Mortgages

TermAPR
10 Year4.50%
15 Year5.05%
20 Year5.50%

15% – 20% Down Payment Required w/no PMI

10% Down Payment Required w/PMI

Home Equity

TermAPR
6 Year4.75%
8 Year5.25%
10 Year5.75%

80% Loan to Equity Value

$10,000 Minimum Financing

Interest may be tax deductible, consult your tax advisor!

Home Improvement

TermAPR 
60 Month6.25%$10,000.00
72 Month6.75%$10,000.00
84 Month7.25%$20,000.00
96 Month7.75%$30,000.00
108 Month8.25%$40,000.00
120 Month8.75%$50,000.00

Non-Owner Occupied

TermAPR
10 Year Mortgage6.75%
15 Year Mortgage7.25%
20 Year Mortgage7.75%

25% Down Payment Required

Pass Book (Share Pledged)

DescriptionAPRLoan Amount
Regular Dividend Rate
10 Year Maximum Term
3.50%$500.00 Minimum

Share Rates

Share Rates Effective: November 1, 2017 - November 30, 2017

The Board of Directors’ declared the following dividends for the 3rd Quarter of 2017.

Share Accounts

AccountAPR RateAPY RateMinimum Average Daily Balance
Regular Share Account.25%.25%$100
Premium Share Account.50%.501%$2,500
Premium Share Draft Checking.25%.25%$2,500
.50%.501%$5,000
Club Accounts.375%.376%$100
.50%.501%$2,500
HSA Share Draft Checking
(Health Savings Accounts)
.25%.25%$100
.375%.375%$2,500
.50%.501%$5,000
IRA Share Account.50%.501%$1,000

Share Certificate Accounts

IRA's Based on Share Certificates below

TermAPR RateAPY RateMinimum Average Daily Balance
12 Month1.125%1.13%

$25,000 - $250,000

3-Month Penalty for Early Withdrawal

1.00%1.004%

$5,000 - $24,999

3-Month Penalty for Early Withdrawal

.875%.878%

$1,000 - $4,999

3-Month Penalty for Early Withdrawal

18 Month1.25%1.256%

$25,000 - $250,000

6-Month Penalty for Early Withdrawal

1.125%1.13%

$5,000 - $24,999

6-Month Penalty for Early Withdrawal

1.00%1.004%

$1,000 - $4,999

6-Month Penalty for Early Withdrawal

2 Year1.375%1.382%

$25,000 - $250,000

6-Month Penalty for Early Withdrawal

1.25%1.256%

$5,000 - $24,999

6-Month Penalty for Early Withdrawal

1.125%1.13%

$1,000 - $4,999

6-Month Penalty for Early Withdrawal

30 Month1.50%1.508%

$25,000 - $250,000 

6-Month Penalty for Early Withdrawal

1.375%1.382%

$5,000 - $24,999

6-Month Penalty for Early Withdrawal

1.25%1.256%

$1,000 - $4,999

6-Month Penalty for Early Withdrawal

3 Year1.75%1.762%

$25,000 - $250,000

6-Month Penalty for Early Withdrawal

1.625%1.635%

$5,000 - $24,999

6-Month Penalty for Early Withdrawal

1.50%1.508%

$1,000 - $4,999

6-Month Penalty for Early Withdrawal

4 Year2.00%2.015%

$25,000 - $250,000

6-Month Penalty for Early Withdrawal

1.875%1.888%

$5,000 - $24,999

6-Month Penalty for Early Withdrawal

1.75%1.762%

$1,000 - $4,999

6-Month Penalty for Early Withdrawal

5 Year2.25%2.269%

$25,000 - $250,000

6-Month Penalty for Early Withdrawal

2.125%2.142%

$5,000 - $24,999

6-Month Penalty for Early Withdrawal

2.00%2.015%

$1,000 - $4,999

6-Month Penalty for Early Withdrawal

APR – Annual Percentage Rate

APY – Annual Percentage Yield

Penalties may be imposed on Term Share accounts for early withdrawal.

Dividend rates are calculated using average daily balance and are paid quarterly.

Club Accounts are declared and credited at maturity. $5.00 fee for withdrawals.

Current rates are subject to change without notice and are based on current market conditions.

Share Dividends are paid on accounts with a minimum average daily balance of $100.00 or more.

Rates shown for Regular Share accounts are from the previous quarter and current quarterly rates have not been determined. The current quarterly rate will be published at the end of the quarter.

For more information call: [716] 771 3434 or [716] 873 1174

Fee Schedule

Effective: August 1st, 2017

ATM and Debit Cards

DescriptionFee

ATM Surcharge Fee

(Includes: Withdrawals, Inquiries & Transfers)

$.50 per Transaction
Debit Card Replacement Fee$10.00
PIN Reminder Fee$2.00
Overdrawn Account Fee$25.00

All Shares and Share Draft Checking Accounts

DescriptionFee

Escrow Accounts

(Water, Insurance, Tax and User Fee Payments)

$75.00 Set-up Fee

Monthly Inactivity Fee w/low balance

(w/less than a $25.00 balance and has no activity greater than one year)

$5.00 per month for inactive share draft accounts
Automatic Overdraft Transfer from Savings$2.00 per Item
Club Accounts Withdrawal Fee$5.00 per Withdrawal
HSA Initial Account Set-up Fee$10.00 per Account / $10.00 Additional Debit Cards
ACH Payment Change Order$10.00 per Change Item
ACH Return Fee$25.00 per item
Non-Sufficient Funds Fee$25.00 per item
Deposit Item Returned (Return Check Fee)$25.00 per item
Stop Payment Fee (Share Draft Check)$20.00 per Share Draft Check
Stop Payment Fee (Over-the Counter Check)$35.00 per Over-the-Counter Check

Account Closure Fee

(Account Closure Fee only assessed if account is closed within 90 days of being opened)

$25.00

Research Fees

DescriptionFee

Statement Copies

$2.00 per Statement
Check Copies$2.00 per Check
Account History Copy$2.00 per Computer Printout

Additional Fees

DescriptionFee

Wire Transfers - Outgoing

$20.00 per Wire
Credit Union Checks2 Free per Month / $3.00 Each Additional CU Check
Dormant / Inactive Account Fee$5.00 per Month (After 2 Years if Account is $1,000 or Less)
Legal Services & Judgments$50.00
Loan Refinancing Fee$50.00
Mortgage & Home Equity Loans$300.00 (Application & Documentations Fee) Upon Approval
Discharge of Mortgage$55.00
Rate Modification Fee$250.00
Loan Coupon Book$10.00 per Book
Lien Release Copy$5.00

Locations & Customer Service

Elma Location

Address: 1751 Transit Road, Elma, New York 14059
Phone: [716] 771 3434
Fax: [716] 771 3435

Hours of Operation

Monday - Wednesday: 9:00am - 4:30pm
Thursday: 9:00am - 5:00pm
Friday: 9:00am - 5:30pm
Saturday: 9:00am - 1:00pm
(Closed Holiday Weekends)

Get Directions

Buffalo Location

Address: 927 Grant Street, Buffalo, New York 14207
Phone: [716] 873 1174
Fax: [716] 873 1256

Hours of Operation

Monday - Thursday: 9:00am - 4:30pm
Friday: 9:00am - 5:30pm

Get Directions