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LOCAL 41 IBEW

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LOCAL 41 IBEW Rates & Review March 2026

Q: How many branches does LOCAL 41 IBEW operate?

LOCAL 41 IBEW currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Q: Is a member application needed to join LOCAL 41 IBEW?

Yes, to access services at LOCAL 41 IBEW, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Q: Is there a first-time homebuyer program?

Currently, LOCAL 41 IBEW does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, LOCAL 41 IBEW provides members with tools to manage their accounts and build a solid financial history.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated: March 28, 2026

You can compare LOCAL 41 IBEW rates to other rates in our database, including 12-month share certificate rates currently at 0.20%, 6-month share certificate rates at 0.19% and 3-month share certificate rates at 0.40%. Savings rates are at 0.25% and money market rates are at 1.45%. Mortgage rates on 30-year fixed loans are around 6.13%. All these rates can be compared to LOCAL 41 IBEW rates. MonitorBankRates evaluates the financial stability of LOCAL 41 IBEW with a 5.0 Star Rating and an A+ Overall Health Grade. Rates were last updated on 03/28/2026.

LOCAL 41 IBEW money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at LOCAL 41 IBEW? Share your experience about LOCAL 41 IBEW by leaving a review below, or read customer reviews before you decide to use LOCAL 41 IBEW.

Overall Health & Safety Grade

A+

Exceptional Health Score: 100/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

No Data No data

Wray State Bank
Local 41 IBEW FCU

3564 California Rd
Orchard Park, NY 14127

http wwwlocal41fcucom

Current Rate Availability

We do not have LOCAL 41 IBEW rates right now, but we are constantly updating our database so check back often for updated rates.

Methodology & Data Sources

MonitorBankRates Star Rating

Our rating for LOCAL 41 IBEW is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions.

Texas Ratio

We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation

We gather LOCAL 41 IBEW rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with LOCAL 41 IBEW's official website for the most current offers and terms.

Credit Union Profile & Overview

Credit Union Name LOCAL 41 IBEW

Website http wwwlocal41fcucom

Address 3564 California Rd, Orchard Park, NY 14127

Phone 716-662-6133

Fax 716-662-0160

President Richard Ehlers

CEO Stacy Bognar

Full-Time Employees 4

Part-Time Employees 0

Branch Locations 1

ATM Locations 0

NCUA Insured ✓ Yes — Up to $250,000 per depositor

Financials

MonitorBankRates Star Rating

5.0 / 5.0 ★

Overall Health & Safety Grade

A+ (100/100)

Return on Assets (ROA)

1.2564%

Return on Equity (ROE)

9.8801%

Non-Performing Loans Ratio (NPL)

0.00%

Total Assets

17,317,474

Total Amount of Shares and Deposits

15,082,295

Total Shares and Deposits < 1 Year

15,082,294

Total Insured Shares and Deposits > $250K (item 17 less item K)

15,082,295

Total Interest Expense (Sum of items 6 8)

23,735

Share Certificates

Number of Accounts for Share Drafts

461

IRA KEOGH Accounts

Number of Accounts for Regular Shares

2,664

Total Cash on Deposit (Amounts Deposited in Financial Institutions)

738,978

Total Liabilities

15,115,354

Source: NCUA — Last Updated 09/30/2025

Customer Reviews

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Average Rating

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Total Reviews

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Frequently Asked Questions About LOCAL 41 IBEW

Is LOCAL 41 IBEW a safe place to deposit money?

Yes, LOCAL 41 IBEW is considered a safe financial institution. Your accounts are federally insured by the NCUA (National Credit Union Administration) up to $250,000 per depositor, for each account ownership category.

How many branches does LOCAL 41 IBEW operate?

LOCAL 41 IBEW currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is a member application needed to join LOCAL 41 IBEW?

Yes, to access services at LOCAL 41 IBEW, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Is there a first-time homebuyer program?

Currently, LOCAL 41 IBEW does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, LOCAL 41 IBEW provides members with tools to manage their accounts and build a solid financial history.

Does LOCAL 41 IBEW offer online and mobile banking?

Most modern institutions like LOCAL 41 IBEW provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: http wwwlocal41fcucom.