Field of Membership
- Individuals that live, work, worship, volunteer or attend school in Erie or Chautauqua, New York.
- Participating Groups (Businesses and other legal entities) through our Partner At Work Program.
- Member’s families including spouse, children, grandchildren, siblings, parents, grandparents, members of the immediate household, and family members of those who have died while within the field of membership of this credit union, regardless of where they may live.
Exceptional Performance Rating
Western Division has been awarded an Exceptional Performance Award by Bauer Financial Services for continuously earning a 5-star SUPERIOR rating. This award recognizes the highest level of performance as a safe and sound financial institution operating well above regulatory capital.
What Makes Us Different
Western Division is a cooperative, not-for-profit financial institution, so our earnings are returned to our members in the form of lower interest rates on loans, higher dividends paid on deposit accounts, and lower fees and minimum balances. Because earnings are invested back into the membership, the members experience a unique level of service and benefits at the best rates.
|Western Division FCU||Other financial institutions|
|Is a not-for-profit financial institution||Are profit-oriented institutions|
|Can serve anyone who lives, works, worships or volunteers in Erie or Chautauqua Counties||Can serve anyone in the general public|
|Has members, each person who deposits money has a share of ownership||Has customers with no ownership in the organization|
|Members elect a volunteer Board of Directors to represent their interests||Have a paid Board of Directors who represent the owners; customers do not have voting privileges|
|Democratically controlled by members||Controlled by stockholders and paid officials|
|Are member service-driven||Are profit-driven|
|Return profits to members in the form of lower loan rates, higher savings rates, free or low cost services and patronage dividends.||Return profits to a small group of stockholders|
|Our members actually like us!|
In January of 1937, the Niagara Hudson Western Division Employees Credit Union, was incorporated to serve the financial needs of the Niagara Hudson Power Corporation (Niagara Mohawk/National Grid) employees. These employees were interested in creating a place where they could save and borrow money safely, confidentially, and at a fair rate of interest. The credit union started with two employees housed in a one room office in the basement of the historical ‘Electric Building’ in Buffalo, NY.
Today, Western Division is one of the largest credit unions in Western New York having grown from serving exclusively National Grid employees and family members to now serving over 300+ different employer groups, unions, churches and associations within Western New York.
To meet the financial needs of our members.