Who is Greater Niagara Federal Credit Union?

A member owned financial institution committed to serving your needs

about gnfcu

Our Mission

“To provide personalized quality financial services that meet the lifetime needs of you and your family.”

Our History

Founded in 1954, Greater Niagara Federal Credit Union (GNFCU) services the personal financial needs of individuals who live, work, worship, attend school or conduct business in Niagara County. We offer the same type of products and services as a bank.

However, the difference between a bank and GNFCU is significant, but rather simple.

A bank is owned by stockholders. Therefore a bank must generate profit to pay stockholders.

As a credit union we are owned by our members. When members deposit money into their credit union savings and investments accounts, that money can then be used to meet the borrowing needs of other members. So basically our members work together to support the needs of all members, applying our basic philosophy of People Helping People. Because GNFCU does not need to generate income to pay stockholders, the excess money earned is returned to members in the form of:

  Higher rates for savings
  Lower rates for loans

The market we serve

Anyone who lives, works, worships, attends school or conducts business in Niagara County may take advantage of the money saving products and services we offer. And, once you become part of Greater Niagara Federal Credit Union, you, and your family members, will continue to have full access to all we offer, regardless of whether you move, change jobs, or retire.

If you have any questions, please give us a call at 716-297-5944 or 716-695-1829 or send an email to gnfcu@greaterniagarafcu.com.


To become a member stop by our office at 2901 Military Rd or 160 Ward Rd, North Tonawanda or apply on line.

  Apply online

Board of Directors

Unlike a Bank, who compensates their Board of Directors, credit unions, including ours, serve on an uncompensated, volunteer basis. As such, their only incentive is to position the credit union to meet the needs of members, no other, and oversee the financial stability of operations to protect the money of members. We are proud of those who lead Greater Niagara Federal Credit Union. Our current Board members are:


George Lodick III Chairperson
Sondra Grace Vice Chairperson
Nicolina Valore Secretary
Edward Hayes III Treasurer
Louis Salciccioli Director
Michael Balent Director
Paul Hojnowski Director

We also have a Supervisory Committee, comprised of five volunteers who each serve a three year term and serve as an oversight committee responsible for:

  •   Monitoring board and management activities
  •   Providing for financial statement audits
  •   Conducting annual member account verifications
  •   Verifying compliance with policies, procedures, rules and regulations
  •   Monitoring the internal control environment

Schedule of Fees

Share Draft Account Fees
NSF $25/item
Returned item $25/item
Stop payment $25/item
Check withdrawal from shares $5/item
Other Services Fee
Items sent for collection $25/item
Certified check $25/check
Money order $1/$1,000
Wire transfer: outgoing $25
Visa gift card $3
Debit card replacement $15
Account reconciliation $30/hour
Account research $30/hour
Deposited item return $25/item
Dormant account $2/month after 3 years or remainder of account if under required Membership Balance
Photocopy $1/copy
Non-notification of address change $10/month
Statement copy $1/page
Account activity printout $1/page
Check protest $25/check
Foreign item processing $10/item
Stop payment $25/item
Closed account fee $10 (or balance if lower) if closed within 90 days of opening
Bill pay $5/month after 3 months of non-use
Loan late fee $25 after 5 days
Share value
Per value of one share $5