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EMPIRT 207 FEDERAL CREDIT UNION

Dec, 31, 2023 — EMPIRT 207 FEDERAL CREDIT UNION is a federal credit union headquartered in NEW YORK, NY with 1 branch location and about $3.66 million in total assets. Opened 88 years ago in 1936, EMPIRT 207 FEDERAL CREDIT UNION has about 739 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:EMPIRT 207 FEDERAL CREDIT UNION
Address:
(Main Office)
3961 10th Ave
NEW YORK, NY 10034
Phone:(212) 942-5750
Fax:(212) 569-8448
Website:https://www.amimembernet.com/efcu/l
Branches:1 branch locations
Members:739
Credit Union Type:Federal Credit Union
Charter Number:1343
Membership Type:Service - Transportation
Corporate Credit Union:No
Year Opened:1936
Last Audited:Oct 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$3,659,396
CEO/Manager:Stephen Mangano
Chairperson:ALFREDO J POLANCO

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 341,522
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 1,711,993
 Other Loans 8,260
 TOTAL LOANS 1,720,253
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -48,110
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 25,860
 All Other Assets 0
  TOTAL ASSETS 3,659,396
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 31,404
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 2,543,584
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 2,543,584
  TOTAL LIABILITIES 2,574,988
 Regular Reserve 0
 Other Reserves 162,674
 Undivided Earnings 921,734
  TOTAL EQUITY 1,084,408
  TOTAL LIABILITIES, SHARES, & EQUITY 3,659,396
INCOME & EXPENSE  
 Loan Income 148,678
 Investment Income 40,352
 Other Income 28,865
 Total Employee Compensation & Benefits 180,605
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 68,220
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 5,000
 Cost of Funds 2,526
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -38,456
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