Dec, 31, 2023 — METRO REALTORS FEDERAL CREDIT UNION is a federal credit union headquartered in WEST BABYLON, NY with 0 branch location and about $14.98 million in total assets. Opened 52 years ago in 1972, METRO REALTORS FEDERAL CREDIT UNION has about 1,918 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | METRO REALTORS FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 346 Sunrise Hwy WEST BABYLON, NY 11704 |
Phone: | (833) 676-3876 |
Fax: | (631) 482-1891 |
Website: | https://www.mrfcu.com |
Branches: | 0 branch locations |
Members: | 1,918 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 20857 |
---|---|
Membership Type: | Service - Finance, Insurance, Real Estate, Trade |
Corporate Credit Union: | No |
Year Opened: | 1972 |
Last Audited: | Mar 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $14,984,884 |
CEO/Manager: | Luisa Harman |
Chairperson: | Moses Seuram |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 825,723 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 5,821,674 |
Unsecured Loans | 948,809 |
Other Loans | 6,816,723 |
TOTAL LOANS | 13,587,206 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -116,462 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 120,975 |
All Other Assets | 0 |
TOTAL ASSETS | 14,984,884 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 6,738 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 19,981 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 936,546 |
Regular shares | 6,405,339 |
All Other Shares & Deposits | 6,243,372 |
TOTAL SHARES & DEPOSITS | 13,585,257 |
TOTAL LIABILITIES | 13,611,976 |
Regular Reserve | 0 |
Other Reserves | 321,496 |
Undivided Earnings | 1,051,412 |
TOTAL EQUITY | 1,372,908 |
TOTAL LIABILITIES, SHARES, & EQUITY | 14,984,884 |
INCOME & EXPENSE | |
Loan Income | 600,385 |
Investment Income | 78,515 |
Other Income | 53,043 |
Total Employee Compensation & Benefits | 376,325 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 232,044 |
Non-operating Income & (Expense) | 21,745 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 84,588 |
Cost of Funds | 177,643 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -116,912 |
↑ Back to Top |