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ACTORS FEDERAL CREDIT UNION

Dec, 31, 2023 — ACTORS FEDERAL CREDIT UNION is a federal credit union headquartered in NEW YORK, NY with 4 branch locations and about $306.32 million in total assets. Opened 62 years ago in 1962, ACTORS FEDERAL CREDIT UNION has about 27,594 members and employs 52 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:ACTORS FEDERAL CREDIT UNION
Address:
(Main Office)
165 W 46th St
NEW YORK, NY 10036-2508
Phone:(212) 869-8926
Fax:(212) 354-8541
Website:https://actorsfcu.com
Branches:4 branch locations
Members:27,594
Credit Union Type:Federal Credit Union
Charter Number:15358
Membership Type:Multiple common bond - other
Corporate Credit Union:No
Year Opened:1962
Last Audited:Dec 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$306,320,813
CEO/Manager:Milena Karavaltcheva
Chairperson:Denise Nolin

Call Report

  • First Time Homebuyer Program
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 48,849,220
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 176,001,146
 Unsecured Loans 32,609,904
 Other Loans 11,981,186
 TOTAL LOANS 220,592,236
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -2,090,557
 Land And Building 0
 Other Fixed Assets 4,407,460
 NCUSIF Deposit 2,440,422
 All Other Assets 0
  TOTAL ASSETS 306,320,813
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 4,648,208
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 74,256,961
 Regular shares 106,025,280
 All Other Shares & Deposits 95,614,927
  TOTAL SHARES & DEPOSITS 275,897,168
  TOTAL LIABILITIES 280,550,281
 Regular Reserve 0
 Other Reserves 25,770,326
 Undivided Earnings 206
  TOTAL EQUITY 25,770,532
  TOTAL LIABILITIES, SHARES, & EQUITY 306,320,813
INCOME & EXPENSE  
 Loan Income 8,735,536
 Investment Income 1,033,617
 Other Income 1,474,947
 Total Employee Compensation & Benefits 5,257,126
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 6,102,842
 Non-operating Income & (Expense) 48,647
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 584,581
 Cost of Funds 2,066,954
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 873,647
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