Financial Trust
Financial Trust is a credit union based in Cheektowaga, New York, established in 1950, with $198 million in total assets serving 13,676 members. By Trust Grade it ranks 13th of 267 credit unions we track in New York. Its net worth ratio of 15.1% is stronger than 87% of similarly sized credit unions, versus a New York median of 12%. It was profitable over the most recent period, with a 1.28% return on assets. No consumer complaints against Financial Trust appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Financial Trust compares to New York peers
How we graded Financial Trust
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (15.1% capital ratio)
- Strongly profitable (ROA 1.28%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Financial Trust over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Financial Trust insured?
Yes. Financial Trust is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Financial Trust: frequently asked questions
Is Financial Trust a good credit union?
Financial Trust earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (15.1% capital ratio); Strongly profitable (ROA 1.28%).
Is Financial Trust NCUA-insured?
Yes. Financial Trust is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Financial Trust?
Financial Trust holds $198 million in total assets, ranking 13th of 267 credit unions we track in New York. It serves 13,676 members.
Does Financial Trust have CFPB complaints?
No CFPB complaints against Financial Trust appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
