Dec, 31, 2023 — SUMA YONKERS FEDERAL CREDIT UNION is a federal credit union headquartered in YONKERS, NY with 4 branch locations and about $420.19 million in total assets. Opened 60 years ago in 1964, SUMA YONKERS FEDERAL CREDIT UNION has about 8,111 members and employs 42 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | SUMA YONKERS FEDERAL CREDIT UNION |
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Address: (Main Office) | 125 Corporate Blvd YONKERS, NY 10701 |
Phone: | (914) 220-4900 |
Fax: | (914) 220-4090 |
Website: | https://www.sumafcu.org |
Branches: | 4 branch locations |
Members: | 8,111 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 16360 |
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Membership Type: | Multiple common bond - Primarily faith based |
Corporate Credit Union: | No |
Year Opened: | 1964 |
Last Audited: | Dec 01, 2023 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $420,193,992 |
CEO/Manager: | Roman G Kozicky |
Chairperson: | Andrew S Horbachevsky |
ASSETS: | $ Amount |
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Cash & Equivalents | 17,245,177 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 251,791,226 |
Unsecured Loans | 2,178,818 |
Other Loans | 8,960,578 |
TOTAL LOANS | 272,885,903 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -3,713,629 |
Land And Building | 4,700,850 |
Other Fixed Assets | 134,144 |
NCUSIF Deposit | 2,927,561 |
All Other Assets | 0 |
TOTAL ASSETS | 420,193,992 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 342,711 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 26,916,820 |
Regular shares | 85,860,865 |
All Other Shares & Deposits | 254,473,328 |
TOTAL SHARES & DEPOSITS | 367,251,013 |
TOTAL LIABILITIES | 367,593,724 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 52,600,268 |
TOTAL EQUITY | 52,600,268 |
TOTAL LIABILITIES, SHARES, & EQUITY | 420,193,992 |
INCOME & EXPENSE | |
Loan Income | 10,949,034 |
Investment Income | 3,085,099 |
Other Income | 699,712 |
Total Employee Compensation & Benefits | 3,529,371 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 2,962,541 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 8,075,030 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 257,059 |
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