Dec, 31, 2023 — SYRACUSE FIRE DEPARTMENT EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in SYRACUSE, NY with 1 branch location and about $124.67 million in total assets. Opened 74 years ago in 1950, SYRACUSE FIRE DEPARTMENT EMPLOYEES FEDERAL CREDIT UNION has about 6,231 members and employs 15 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | SYRACUSE FIRE DEPARTMENT EMPLOYEES FEDERAL CREDIT UNION |
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Address: (Main Office) | 211 Wilkinson St SYRACUSE, NY 13204 |
Phone: | (315) 471-4621 |
Fax: | (315) 476-7204 |
Website: | https://www.syrfirecu.com |
Branches: | 1 branch locations |
Members: | 6,231 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 6627 |
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Membership Type: | Multiple common bond - Primarily federal, state, local government |
Corporate Credit Union: | No |
Year Opened: | 1950 |
Last Audited: | Apr 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $124,669,534 |
CEO/Manager: | Roxane Bowering |
Chairperson: | Charles Boynton |
ASSETS: | $ Amount |
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Cash & Equivalents | 14,239,779 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 33,351,822 |
Unsecured Loans | 3,226,762 |
Other Loans | 27,757,991 |
TOTAL LOANS | 64,336,578 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -179,516 |
Land And Building | 1,190,175 |
Other Fixed Assets | 138,217 |
NCUSIF Deposit | 1,006,101 |
All Other Assets | 0 |
TOTAL ASSETS | 124,669,534 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 868,529 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 14,876,597 |
Regular shares | 57,864,969 |
All Other Shares & Deposits | 34,622,417 |
TOTAL SHARES & DEPOSITS | 107,363,984 |
TOTAL LIABILITIES | 108,232,513 |
Regular Reserve | 0 |
Other Reserves | -738,039 |
Undivided Earnings | 17,175,060 |
TOTAL EQUITY | 16,437,021 |
TOTAL LIABILITIES, SHARES, & EQUITY | 124,669,534 |
INCOME & EXPENSE | |
Loan Income | 3,036,793 |
Investment Income | 1,581,656 |
Other Income | 248,903 |
Total Employee Compensation & Benefits | 1,120,017 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,615,188 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 101,022 |
Cost of Funds | 1,064,325 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 1,398,030 |
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