Founded in 1950, Financial Trust Federal Credit Union has offices in Buffalo, New York. It is a member-owned, full-service financial institution that offers a wide variety of financial services.
Financial Trust FCU provides a variety of services, including mobile banking, debit cards, loan applications, pre-approval, payment/payoff address and a money-saving calculator. They also offer competitive rates on loans, debit cards and online banking.
The National Credit Union Administration (NCUA) insures deposits for up to $250,000. It is required by law that all federally chartered credit unions carry NCUA insurance. These institutions also have to file quarterly data reports. These data reports are used to track the average rates for Credit Unions.
Credit Unions and banks may offer similar services, but their rates may vary. Credit union rates are often higher than those of large brick-and-mortar banks. You should verify the services you’re looking for before deciding to join.
Aside from online banking, many credit unions also offer a wide variety of financial products. They may be able to help you build your credit history. Some credit unions also offer highly rated mobile apps.
To find a credit union, you can use the NCUA’s credit union locator. The locator will show you which credit unions are located in your area. You can also use the NCUA’s website to find the average rate of deposit accounts and loans.
If you’re looking to open an account, you may want to speak to a member of the staff at the credit union. They’ll help you understand the fees and terms associated with opening an account.