Business Details
50+ Years
experience
Your Trusted Community Credit Union in Lockport, NY
Cornerstone Community Federal Credit Union has served Western New York for over 65 years as a community-owned credit union dedicated to empowering members through personalized financial solutions. Founded in 1957 by a group of visionaries, we began as a small credit union for unionized workers and have grown into the largest credit union headquartered in Western New York, with six locations and over 44,000 members. Our mission remains focused on contributing to the economic growth of the region by developing innovative products and services that help members achieve their financial goals. We prioritize community impact, offering competitive deposit rates, tailored lending products, and financial wellness resources.With a commitment to transparency and member ownership, we provide surcharge-free access to thousands of ATMs and shared branches nationwide. Our leadership team, including CEO Eric M. Hepkins, emphasizes trust, local expertise, and a dedication to serving Niagara and Erie Counties. Recognized for our community engagement through sponsorships and charitable initiatives, we continue to strengthen the financial well-being of the region while maintaining rigorous security standards to protect member information.
Services
Checking Accounts
Debit Cards
Online Banking
Home Equity Loans
Business Banking
Details
- Year established: 1957
Highlights and features
- We are a member-owned credit union prioritizing community impact over profit.
- Our competitive rates include a 3.99% APR* intro rate for home equity lines.
- We offer surcharge-free access to 5,000+ shared branches and 32,000 ATMs nationwide.
- Tailored lending solutions for personal and business growth in Western New York.
- Award-winning financial wellness resources and local decision-making expertise.
Associations and certifications
- NCUA
What people say
Empowers financial goals
Most helpful personnel
Professional and friendly
Unique empathy for members
Quality of life focus
Services
Business Checking Accounts
Our business checking accounts provide local businesses with low fees, flexible features, and easy fund access. Designed for WNY companies, these accounts support growth through competitive rates and personalized solutions tailored to operational needs. Members benefit from seamless integration with other business banking services.
Home Equity Loans
We offer home equity loans with competitive rates, including a 3.99% APR* introductory rate. These loans help homeowners leverage property equity for renovations, debt consolidation, or major purchases. Our flexible terms and local underwriting process ensure tailored solutions for Western New York residents.
Online Banking
Our online banking platform enables 24/7 account management, bill payments, and transaction tracking. Members enjoy secure access to checking, savings, and loan accounts through intuitive tools designed for convenience. Real-time alerts and budgeting features enhance financial control for personal and business users.
Personal Loans
We provide personal loans with rates starting at 9.49% APR* for debt consolidation, emergencies, or major purchases. Our unsecured loans offer fixed terms and predictable payments, with quick approval processes for qualified members. Flexible repayment options adapt to individual financial situations.
Financial Wellness Resources
Our financial wellness center offers educational tools, budgeting guides, and investment advice to help members achieve long-term stability. From first-time homebuyer seminars to retirement planning resources, these services empower informed decision-making at every life stage.
People
Eric M. Hepkins
Chief Executive Officer
Eric M. Hepkins leads Cornerstone Community Federal Credit Union with a focus on community empowerment and financial innovation. He oversees strategic growth initiatives while maintaining the credit union's commitment to Western New York's economic development.
David D. Nemi
Board Chairman
David D. Nemi has served as Board Chairman since 1993, guiding Cornerstone's governance and long-term vision. His leadership emphasizes member ownership principles and sustainable financial practices for the credit union's continued success.
Questions
How do I become a member of Cornerstone Community CFCU?
Visit any branch location with valid ID and proof of address. Membership is open to Niagara and Erie County residents, with initial deposits starting at $5.
What online banking features are available?
Our online banking includes bill pay, mobile check deposit, account alerts, budgeting tools, and loan application tracking. All services are accessible 24/7 through secure login.
Are there fees for using ATMs outside your network?
Members get surcharge-free access to 32,000+ MoneyPass ATMs nationwide. Using non-network ATMs may incur fees from the operator.
What loan options exist for small businesses?
We offer term loans, lines of credit, commercial real estate financing, and equipment loans. Each solution includes competitive rates and personalized repayment terms for WNY businesses.
How does Cornerstone support local communities?
Through sponsorships, charity events, and financial education programs. Recent initiatives include the Community Day $27,000 donation to local nonprofits and annual scholarship programs for members.
