Credit union · NCUA insured
Local 41 IBEW FCU
A $18.3M credit union headquartered in Orchard Park, NY, with 2,564 members and 1 branch in New York. Best rates: savings 0.15% APY.
Local 41 IBEW FCU Carrot Score
72
Carrot Score
Higher than 32% of U.S. banks and credit unions
#37 of 52 in Buffalo, NY metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Local 41 IBEW FCU
Chartered by the National Credit Union Administration in 1976, Local 41 IBEW Federal Credit Union is a member-owned cooperative headquartered in Orchard Park, New York.
The credit union was established as a benefit for members of Local 41 IBEW Union and their immediate families.
- Headquarters
- 3564 California Rd, Orchard Park, NY 14127
- NCUA charter
- 22447
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Members and employees of Local 41 IBEW are eligible for membership.
Family and household
- Spouses, children, and immediate family members (including stepparents, stepchildren, stepsiblings, and adoptive relationships) of Local 41 IBEW members or employees are eligible to join regardless of where they live.
Cost to join
- A par value of $25 for a membership share must be fully paid and retained in a membership share savings account to become and maintain membership.
Branches
1 branch in New York
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New York
1 branch
- Local 41 IBEW FCUMain office3564 California Rd, Orchard Park, NY 14127Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 12.41% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 0.00% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | 1.51% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $59 | $59 | — |
- CapitalNet worth ratio12.41%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late0.00%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets1.51%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$59Peers’ middle $59
Compared with the 2,478 credit unions with under $100 million in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of Local 41 IBEW FCU are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.