Dec, 31, 2023 — EMPIRT 207 FEDERAL CREDIT UNION is a federal credit union headquartered in NEW YORK, NY with 1 branch location and about $3.66 million in total assets. Opened 88 years ago in 1936, EMPIRT 207 FEDERAL CREDIT UNION has about 739 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | EMPIRT 207 FEDERAL CREDIT UNION |
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Address: (Main Office) | 3961 10th Ave NEW YORK, NY 10034 |
Phone: | (212) 942-5750 |
Fax: | (212) 569-8448 |
Website: | https://www.amimembernet.com/efcu/l |
Branches: | 1 branch locations |
Members: | 739 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 1343 |
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Membership Type: | Service - Transportation |
Corporate Credit Union: | No |
Year Opened: | 1936 |
Last Audited: | Oct 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $3,659,396 |
CEO/Manager: | Stephen Mangano |
Chairperson: | ALFREDO J POLANCO |
ASSETS: | $ Amount |
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Cash & Equivalents | 341,522 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 1,711,993 |
Other Loans | 8,260 |
TOTAL LOANS | 1,720,253 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -48,110 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 25,860 |
All Other Assets | 0 |
TOTAL ASSETS | 3,659,396 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 31,404 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 2,543,584 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 2,543,584 |
TOTAL LIABILITIES | 2,574,988 |
Regular Reserve | 0 |
Other Reserves | 162,674 |
Undivided Earnings | 921,734 |
TOTAL EQUITY | 1,084,408 |
TOTAL LIABILITIES, SHARES, & EQUITY | 3,659,396 |
INCOME & EXPENSE | |
Loan Income | 148,678 |
Investment Income | 40,352 |
Other Income | 28,865 |
Total Employee Compensation & Benefits | 180,605 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 68,220 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 5,000 |
Cost of Funds | 2,526 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -38,456 |
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