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DISTRICT #6 FEDERAL CREDIT UNION

Dec, 31, 2023 — DISTRICT #6 FEDERAL CREDIT UNION is a federal credit union headquartered in HORNELL, NY with 1 branch location and about $20.88 million in total assets. Opened 88 years ago in 1936, DISTRICT #6 FEDERAL CREDIT UNION has about 1,727 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.


ABA Routing Number: 222380760
Name:DISTRICT #6 FEDERAL CREDIT UNION
Address:
(Main Office)
107 Broadway
HORNELL, NY 14843
Phone:(607) 324-8384
Fax:(607) 324-8581
Website:https://www.district6fcu.com
Branches:1 branch locations
Members:1,727
Credit Union Type:Federal Credit Union
Charter Number:1080
Membership Type:Multiple common bond - Primarily federal, state, local government
Corporate Credit Union:No
Year Opened:1936
Last Audited:Jun 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$20,877,865
CEO/Manager:Lori A Brown
Chairperson:Karen Schu

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,265,526
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 2,534,754
 Unsecured Loans 2,403,803
 Other Loans 6,405,737
 TOTAL LOANS 11,344,294
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -145,386
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 208,252
 All Other Assets 0
  TOTAL ASSETS 20,877,865
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 5,664
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 3,088,406
 Regular shares 13,032,217
 All Other Shares & Deposits 3,559,592
  TOTAL SHARES & DEPOSITS 19,680,215
  TOTAL LIABILITIES 19,685,879
 Regular Reserve 0
 Other Reserves -583,500
 Undivided Earnings 1,775,486
  TOTAL EQUITY 1,191,986
  TOTAL LIABILITIES, SHARES, & EQUITY 20,877,865
INCOME & EXPENSE  
 Loan Income 552,282
 Investment Income 132,814
 Other Income 150,036
 Total Employee Compensation & Benefits 210,877
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 334,799
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 56,281
 Cost of Funds 131,669
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 79,865
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