Dec, 31, 2023 — CROUSE FEDERAL CREDIT UNION is a federal credit union headquartered in SYRACUSE, NY with 1 branch location and about $19.46 million in total assets. Opened 46 years ago in 1978, CROUSE FEDERAL CREDIT UNION has about 2,098 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: | CROUSE FEDERAL CREDIT UNION |
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Address: (Main Office) | 730 S Crouse Ave SYRACUSE, NY 13210-1754 |
Phone: | (315) 470-7928 |
Fax: | (315) 470-5633 |
Website: | https://www.crousefcu.com |
Branches: | 1 branch locations |
Members: | 2,098 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 22972 |
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Membership Type: | Multiple common bond - Primarily health care |
Corporate Credit Union: | No |
Year Opened: | 1978 |
Last Audited: | Mar 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $19,464,789 |
CEO/Manager: | DONNA M LADLEY |
Chairperson: | ROSEMARY MIRRA-BRODT |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,759,426 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 1,276,310 |
Other Loans | 5,669,311 |
TOTAL LOANS | 6,945,621 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -19,850 |
Land And Building | 0 |
Other Fixed Assets | 67,405 |
NCUSIF Deposit | 175,707 |
All Other Assets | 0 |
TOTAL ASSETS | 19,464,789 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 2,902 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 286 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 1,801,397 |
Regular shares | 14,857,962 |
All Other Shares & Deposits | 921,887 |
TOTAL SHARES & DEPOSITS | 17,581,246 |
TOTAL LIABILITIES | 17,584,434 |
Regular Reserve | 0 |
Other Reserves | 310,925 |
Undivided Earnings | 1,569,430 |
TOTAL EQUITY | 1,880,355 |
TOTAL LIABILITIES, SHARES, & EQUITY | 19,464,789 |
INCOME & EXPENSE | |
Loan Income | 345,486 |
Investment Income | 244,038 |
Other Income | 94,861 |
Total Employee Compensation & Benefits | 316,197 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 255,455 |
Non-operating Income & (Expense) | 28,323 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,600 |
Cost of Funds | 117,291 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 21,165 |
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