HUDSON RIVER FINANCIAL FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.hudsonriverfinancial.org for more information.
Dec, 31, 2023 — HUDSON RIVER FINANCIAL FEDERAL CREDIT UNION is a federal credit union headquartered in MOHEGAN LAKE, NY with 1 branch location and about $70.02 million in total assets. Opened 86 years ago in 1938, HUDSON RIVER FINANCIAL FEDERAL CREDIT UNION has about 6,819 members and employs 10 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | HUDSON RIVER FINANCIAL FEDERAL CREDIT UNION |
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Address: (Main Office) | 3563 MOHEGAN AVE MOHEGAN LAKE, NY 10547 |
Phone: | (914) 526-4015 |
Fax: | (914) 526-4209 |
Website: | https://www.hudsonriverfinancial.org |
Branches: | 1 branch locations |
Members: | 6,819 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 2812 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1938 |
Last Audited: | Dec 01, 2019 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $70,024,986 |
CEO/Manager: | Thomas J Powers Jr |
Chairperson: | Diana Roda |
ASSETS: | $ Amount |
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Cash & Equivalents | 17,241,697 |
TOTAL INVESTMENTS | 16,134,839 |
Loans Held for Sale | 0 |
Real Estate Loans | 11,727,464 |
Unsecured Loans | 6,182,941 |
Other Loans | 7,552,306 |
TOTAL LOANS | 26,694,452 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -157,190 |
Land And Building | 1,588,007 |
Other Fixed Assets | 128,783 |
NCUSIF Deposit | 569,347 |
All Other Assets | 7,825,051 |
TOTAL ASSETS | 70,024,986 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 84,214 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 165,490 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 6,498,745 |
Regular shares | 29,620,560 |
All Other Shares & Deposits | 28,198,504 |
TOTAL SHARES & DEPOSITS | 64,317,809 |
TOTAL LIABILITIES | 64,567,513 |
Regular Reserve | 651,217 |
Other Reserves | 351,024 |
Undivided Earnings | 4,455,232 |
TOTAL EQUITY | 5,457,473 |
TOTAL LIABILITIES, SHARES, & EQUITY | 70,024,986 |
INCOME & EXPENSE | |
Loan Income | 1,084,561 |
Investment Income | 292,096 |
Other Income | 165,719 |
Total Employee Compensation & Benefits | 703,534 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 617,388 |
Non-operating Income & (Expense) | 246,480 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 90,000 |
Cost of Funds | 292,176 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 85,758 |
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