Gowanda Area
Gowanda Area is a credit union based in Gowanda, New York, established in 1935, with $32 million in total assets serving 1,845 members. By Trust Grade it ranks 2nd of 267 credit unions we track in New York. Its net worth ratio of 16.2% is stronger than 62% of similarly sized credit unions, versus a New York median of 12%. It was profitable over the most recent period, with a 1.74% return on assets. No consumer complaints against Gowanda Area appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Gowanda Area compares to New York peers
How we graded Gowanda Area
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (16.2% capital ratio)
- Strongly profitable (ROA 1.74%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Gowanda Area over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Gowanda Area insured?
Yes. Gowanda Area 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.
Gowanda Area: frequently asked questions
Is Gowanda Area a good credit union?
Gowanda Area 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 (16.2% capital ratio); Strongly profitable (ROA 1.74%).
Is Gowanda Area NCUA-insured?
Yes. Gowanda Area 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 Gowanda Area?
Gowanda Area holds $32 million in total assets, ranking 2nd of 267 credit unions we track in New York. It serves 1,845 members.
Does Gowanda Area have CFPB complaints?
No CFPB complaints against Gowanda Area 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.
