Business Details
50+ Years
experience
Your Trusted Partner for Healthcare Financial Solutions
Founded in 1975, Kaleida Health Federal Credit Union has dedicated over four decades to serving healthcare professionals across Western New York. As a member-owned, not-for-profit institution, we prioritize personalized financial solutions tailored to the unique needs of healthcare workers. Our low-income designation enables us to provide second-chance financial opportunities for members with limited or challenged credit histories. With competitive loan rates, fee-free accounts, and 24-hour ATM access through the CO-OP Network, we combine institutional strength with community-focused service.Our experienced team delivers expert guidance on personal loans, home equity solutions, and savings products, while maintaining strict compliance with federal regulations. Through our commitment to financial education and member-centric values, we empower healthcare professionals to achieve long-term financial wellness. Our dual branch locations in Buffalo and dedicated customer service channels ensure convenient access to banking services that larger institutions cannot match.
Services
Personal Loans
Home Equity Loans
Auto Loans
Savings Accounts
Checking Accounts
Recreational Loans
Student Loans
Term Share Deposits
Shared Branching
ATM Network
Details
- Year established: 1975
Highlights and features
- We offer over 45 years of experience serving healthcare professionals exclusively
- Our low-income designation provides second chances for those with limited credit
- We return earnings to members through higher savings rates and lower loan rates
- Our team provides personalized financial education and credit-building support
- We offer 24/7 ATM access through 5,400+ CO-OP Network locations nationwide
Services
Personal Loans
Our personal loans provide flexible financing solutions for healthcare professionals facing life's unexpected expenses. With competitive interest rates and no collateral requirements, these unsecured loans help members consolidate debt, cover emergencies, or fund major purchases. Our credit union's low-income designation enables approval opportunities for applicants with challenged credit histories.
Home Equity Loans
Home Equity Lines of Credit (HELOC) offer Western New York healthcare workers affordable access to home equity funds. Borrow between $10,000 and $100,000 with no annual fees or hidden charges. Our fixed-rate terms up to 15 years and 7-year draw periods provide financial flexibility for home improvements, education expenses, or debt consolidation.
Auto Loans
We provide competitive auto financing options for new and used vehicle purchases. Our members benefit from fast pre-approval processes and flexible repayment terms tailored to healthcare professionals' financial circumstances. Loan rates remain locked for the entire term, ensuring predictable monthly payments.
Savings Accounts
Our savings products include Regular Share Accounts requiring just $6 to open, Holiday Club Accounts for seasonal savings, and Term Share Deposits with fixed rates. Members earn competitive dividends on balances over $500 while maintaining easy access to funds through 5,400+ CO-OP ATMs.
Checking Accounts
Share Draft Checking Accounts offer low minimum deposits and fee-free options through direct deposit enrollment. Members receive Visa Debit/ATM cards and access to nationwide shared branching services. Our accounts provide convenient financial management tools specifically designed for healthcare workers' needs.
People
Michele Walczak
CEO
Michele Walczak leads KHFCU with over 25 years of financial services experience, focusing on member-centric banking solutions for healthcare professionals. She champions financial education initiatives and community development programs that align with the credit union's mission.
Jeff Dominiak
President
Jeff Dominiak serves as Board President with extensive governance experience in financial institutions. He oversees strategic direction while ensuring compliance with federal regulations and member service standards for Western New York healthcare workers.
Joseph Putnam
Vice President
Joseph Putnam brings decades of credit union expertise to his board role, focusing on financial oversight and risk management. He works closely with management to maintain the institution's not-for-profit member service philosophy.
David Macholz
Treasurer
David Macholz manages financial operations with a focus on maintaining competitive rates and sustainable growth. His leadership ensures KHFCU's financial stability while supporting healthcare professionals' banking needs.
Robert Zuccari
Secretary
Robert Zuccari oversees administrative operations and regulatory compliance. With deep knowledge of credit union governance, he ensures accurate documentation and implementation of board decisions affecting member services.
Questions
Who is eligible to join KHFCU?
Healthcare professionals working in Erie or Niagara County, NY, including Kaleida Health and Brylin Hospital employees, along with their family members, qualify for membership.
What loan options are available for healthcare workers?
We offer personal loans, home equity lines of credit, auto loans, recreational vehicle financing, and student loan partnerships specifically tailored to healthcare professionals' financial needs.
How does KHFCU support members with credit challenges?
Our low-income designation allows us to provide second-chance financial opportunities, including secured credit cards and credit-building loans for members with limited or challenged credit histories.
What savings options does KHFCU offer?
We provide Regular Share Accounts, Holiday Club Accounts, Vacation Club Accounts, and Term Share Certificates with competitive dividend rates and flexible terms.
How can I access my KHFCU account?
Members can access accounts through online banking, mobile app, 24/7 CO-OP ATMs, shared branching services at 5,000+ locations, or in-person at our Buffalo branch offices.
What makes KHFCU different from traditional banks?
As a member-owned credit union, we return earnings to members through better rates, lower fees, and personalized service specifically designed for healthcare professionals' unique financial situations.
