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HARRISON TEACHERS FEDERAL CREDIT UNION

Dec, 31, 2023 — HARRISON TEACHERS FEDERAL CREDIT UNION is a federal credit union headquartered in HARRISON, NY with 2 branch locations and about $1.49 million in total assets. Opened 86 years ago in 1938, HARRISON TEACHERS FEDERAL CREDIT UNION has about 262 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:HARRISON TEACHERS FEDERAL CREDIT UNION
Address:
(Main Office)
33 Oakland Ave
HARRISON, NY 10528-3721
Phone:(914) 777-2935
Fax:(914) 777-3915
Website:https://harrisonteachersfcu.com
Branches:2 branch locations
Members:262
Credit Union Type:Federal Credit Union
Charter Number:2806
Membership Type:Educational
Corporate Credit Union:No
Year Opened:1938
Last Audited:Mar 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$1,488,650
CEO/Manager:Mary Nardone
Chairperson:Rita Beardsley

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,178,298
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 318,823
 Other Loans 0
 TOTAL LOANS 318,823
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -42,567
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 14,544
 All Other Assets 0
  TOTAL ASSETS 1,488,650
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 546
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,332,015
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 1,332,015
  TOTAL LIABILITIES 1,332,561
 Regular Reserve 0
 Other Reserves 70,000
 Undivided Earnings 86,089
  TOTAL EQUITY 156,089
  TOTAL LIABILITIES, SHARES, & EQUITY 1,488,650
INCOME & EXPENSE  
 Loan Income 19,851
 Investment Income 5,108
 Other Income 0
 Total Employee Compensation & Benefits 10,107
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 6,922
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 0
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 7,930
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