Credit union · NCUA insured
Niagara's Choice
Top CarrotA $263.7M credit union headquartered in Niagara Falls, NY, with 21,796 members and 5 branches in New York. Best rates: CDs 0.75% and savings 0.05% APY.
Niagara's Choice Carrot Score
Carrot ScoreTop Carrot
Higher than 99% of U.S. banks and credit unions
#3 of 52 in Buffalo, NY metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Niagara's Choice
Founded in 1953 by employees of Hooker Chemical Company, the credit union became OxyChem Niagara Federal Credit Union in 1989 and was renamed Niagara's Choice FCU in 2004.
Headquartered in Niagara Falls, New York, Niagara's Choice FCU expanded through mergers with Niagara County FCU in 2012 and Niagara Falls Memorial Medical Center FCU in 2018.
The member-owned institution serves individuals who live, work, worship, volunteer, or attend school in Niagara and Erie counties.
- Headquarters
- 3619 Packard Rd, Niagara Falls, NY 14303-2224
- NCUA charter
- 8693
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Individuals who live, work, worship, attend school, or volunteer in Niagara or Erie County are eligible for membership.
Cost to join
- An optional checking account deposit of $1.00 is available upon joining.
- An initial deposit of $5.00 in a savings account establishes membership.
Branches
5 branches in New York
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New York
5 branches
- Packard RoadMain office3619 Packard Rd, Niagara Falls, NY 14303Directions
- Lockport office260 West Ave, Lockport, NY 14094Directions
- Main St office900 Main St, Niagara Falls, NY 14301Directions
- Sawyer Drive2131 Sawyer Dr, Niagara Falls, NY 14304Directions
- North Tonawanda3577 Niagara Falls Blvd, North Tonawanda, NY 14120Directions
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 | 10.89% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 1.17% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 0.78% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $64 | $76 | — |
- CapitalNet worth ratio10.89%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late1.17%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets0.78%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$64Peers’ middle $76
Compared with the 1,338 credit unions with $100 million to $1 billion 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 Niagara's Choice are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.