Boulevard FCU, a $35 million credit union headquartered in the town of Amherst, has been granted a community charter to serve Erie and Niagara Counties by NCUA. The two counties have a combined population of more than 1,100,000 residents.
Previously, the credit union’s field of membership included over 185 local businesses and labor unions.
The application for the community charter expansion was written by the New York Credit Union Association and funded in part by a Small Credit Union Grant from the New York Credit Union Foundation.
Miriam Perez, CEO of Boulevard FCU, said she was “enthusiastic and eager to serve residents and businesses located in the two counties,” and that she was pleased with the assistance the Association provided in writing the credit union’s business plan to be submitted to NCUA.
According to Perez, the credit union has been serving companies in both counties for many years, and a full community charter will make marketing and recruiting new members easier.
To learn more about how the Association can assist credit unions with community charter expansions, contact Association Management Consultant Marge Kazz at firstname.lastname@example.org.