COUNTRYSIDE FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.countryside.org for more information.
Dec, 31, 2023 — COUNTRYSIDE FEDERAL CREDIT UNION is a federal credit union headquartered in EAST SYRACUSE, NY with 1 branch location and about $166.66 million in total assets. Opened 83 years ago in 1941, COUNTRYSIDE FEDERAL CREDIT UNION has about 4,802 members and employs 14 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | COUNTRYSIDE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 5720 COMMONS PARK EAST SYRACUSE, NY 13057 |
| Phone: | (315) 445-2300 |
| Fax: | (315) 445-2441 |
| Website: | https://www.countryside.org |
| Branches: | 1 branch locations |
| Members: | 4,802 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 4745 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1941 |
| Last Audited: | Sep 01, 2021 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $166,659,142 |
| CEO/Manager: | Benedict Gasser |
| Chairperson: | Mitchell Franklin |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 29,257,922 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 118,762,696 |
| Unsecured Loans | 1,659,461 |
| Other Loans | 10,016,753 |
| TOTAL LOANS | 130,438,910 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -397,487 |
| Land And Building | 204,958 |
| Other Fixed Assets | 87,907 |
| NCUSIF Deposit | 1,275,484 |
| All Other Assets | 0 |
| TOTAL ASSETS | 166,659,142 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 38,256 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 919,925 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 17,894,337 |
| Regular shares | 29,600,102 |
| All Other Shares & Deposits | 89,290,422 |
| TOTAL SHARES & DEPOSITS | 136,784,861 |
| TOTAL LIABILITIES | 137,743,042 |
| Regular Reserve | 0 |
| Other Reserves | 1,956,373 |
| Undivided Earnings | 26,959,727 |
| TOTAL EQUITY | 28,916,100 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 166,659,142 |
| INCOME & EXPENSE | |
| Loan Income | 1,200,162 |
| Investment Income | 27,336 |
| Other Income | 1,465 |
| Total Employee Compensation & Benefits | 381,045 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 323,721 |
| Non-operating Income & (Expense) | 305,324 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -74,914 |
| Cost of Funds | 252,382 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 705,917 |
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