Griffith Institute Employees Federal Credit Union


The Griffith Institute Employees Federal Credit Union (GIEFCU) was established in 1961 by a group of teachers employed by the Griffith Institute Central School District. The  Credit Union was created to allow the employees of the school district access to savings and loan accounts. In 2002, GIEFCU’s field of membership was expanded to include employees of the The Children’s League (previously named Springville League for the Handicapped).

The GIEFCU is a not-for-profit financial cooperative that is owned and directed by its  members. Because of this, members of the Credit Union have lower loan rates, higher yields on savings, and lower or no fees for our services.

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News & Announcements

  Christmas Club Accounts

The Credit Union is again offering Christmas Club accounts starting in November.  Save for next Christmas with a bi-weekly payroll deductions or monthly deposits for members that do not have their pay deposited.   This account will earn the same interest rate as the normal share accounts.  The first deduction would be taken from the first pay period in November and the last one for the year will be the last pay period in October 2023.  A check will automatically be mailed to you in time for Holiday shopping.  If you are not a member, it is a simple process to join the Credit Union.

 For members who already have a Christmas Club, the checks will be sent out October 28th.  The check amount will be the balance in your account.  If you would like a different amount, OR you don’t want a check at this time OR you want to pick up your check, please contact the Credit Union prior to October 27th.   Unless we hear from you that you would like a change, your deduction for your Christmas Club account will continue with the first pay in November.   If you need to make a change of any type, you will need to let us know.

 If you have any questions, you can contact the Credit Union office – 592-9887.


  Calendars for 2023

The Credit Union is offering calendars to any member that is interested.   There are wall calendars, pocket calendars,  and small calendars (sticky backs).   If you are interested in any of these, please email us or stop by the Credit Union.    


Thanks for your business throughout the year.


Griffith Institute Employees Federal Credit Union

  Contact Us

64 East Main Street
Suite 3
Springville, NY 14141

Phone: 716-592-9887

  Our Hours

Tuesday:12 pm to 4:00 pm
Wednesday:12 pm to 4:00 pm
Friday:12 pm to 4:00 pm