NIAGARA MOHAWK PWR COR TROY E FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://nimotroycu.com for more information.
Dec, 31, 2023 — NIAGARA MOHAWK PWR COR TROY E FEDERAL CREDIT UNION is a federal credit union headquartered in TROY, NY with 1 branch location and about $3.59 million in total assets. Opened 88 years ago in 1936, NIAGARA MOHAWK PWR COR TROY E FEDERAL CREDIT UNION has about 484 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | NIAGARA MOHAWK PWR COR TROY E FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 235 OAKWOOD AVE TROY, NY 12182 |
| Phone: | (518) 270-3400 |
| Fax: | (518) 266-0937 |
| Website: | https://nimotroycu.com |
| Branches: | 1 branch locations |
| Members: | 484 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 1842 |
|---|---|
| Membership Type: | Service - Communications and Utilities |
| Corporate Credit Union: | No |
| Year Opened: | 1936 |
| Last Audited: | Mar 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $3,593,728 |
| CEO/Manager: | TERANCE FISHER |
| Chairperson: | THOMAS MAHONEY |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 346,175 |
| TOTAL INVESTMENTS | 3,539 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 1,065,248 |
| Other Loans | 2,106,483 |
| TOTAL LOANS | 3,171,731 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -3,733 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 33,579 |
| All Other Assets | 42,437 |
| TOTAL ASSETS | 3,593,728 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 43,451 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 466,852 |
| Regular shares | 2,769,840 |
| All Other Shares & Deposits | 26,600 |
| TOTAL SHARES & DEPOSITS | 3,263,292 |
| TOTAL LIABILITIES | 3,306,743 |
| Regular Reserve | 245,785 |
| Other Reserves | 0 |
| Undivided Earnings | 41,200 |
| TOTAL EQUITY | 286,985 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 3,593,728 |
| INCOME & EXPENSE | |
| Loan Income | 151,366 |
| Investment Income | 574 |
| Other Income | 491 |
| Total Employee Compensation & Benefits | 156,366 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 70,858 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -38,273 |
| Cost of Funds | 5,689 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -42,209 |
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