Buffalo Federal Bank is a commercial bank, state charter and fed member, supervised by the federal reserve (frb). established in 05/01/1936.
With assets of $184.09 Million, it operates 3 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: December 7, 2020
Satisfactory
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
December 7, 2020
Satisfactory
October 3, 2016
Satisfactory
💰 Financial Strength
Total Assets$184.09 Million
Total Deposits$160.67 Million
Equity Capital$12.08 Million
Net Income$1.01 Million
📈 Performance
ROA0.74%
ROE10.96%
Financial Terms: ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good. ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.