Dec, 31, 2023 — WILLIAMSVILLE FEDERAL CREDIT UNION is a federal credit union headquartered in AMHERST, NY with 1 branch location and about $12.28 million in total assets. Opened 71 years ago in 1953, WILLIAMSVILLE FEDERAL CREDIT UNION has about 1,984 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: | WILLIAMSVILLE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 656 N French Rd Ste 7 AMHERST, NY 14228-2104 |
| Phone: | (716) 691-3110 |
| Fax: | (716) 691-1785 |
| Website: | https://www.williamsvillefcu.com |
| Branches: | 1 branch locations |
| Members: | 1,984 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 8618 |
|---|---|
| Membership Type: | Educational |
| Corporate Credit Union: | No |
| Year Opened: | 1953 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $12,277,258 |
| CEO/Manager: | Sandra Castiglia |
| Chairperson: | David Ward |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,309,169 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 3,384,462 |
| Unsecured Loans | 1,171,133 |
| Other Loans | 1,986,870 |
| TOTAL LOANS | 6,542,465 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -29,537 |
| Land And Building | 67,564 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 122,373 |
| All Other Assets | 0 |
| TOTAL ASSETS | 12,277,258 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 8,061 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 648,057 |
| Regular shares | 10,243,558 |
| All Other Shares & Deposits | 58,148 |
| TOTAL SHARES & DEPOSITS | 10,949,764 |
| TOTAL LIABILITIES | 10,957,825 |
| Regular Reserve | 0 |
| Other Reserves | 154,066 |
| Undivided Earnings | 1,165,367 |
| TOTAL EQUITY | 1,319,433 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 12,277,258 |
| INCOME & EXPENSE | |
| Loan Income | 280,174 |
| Investment Income | 90,188 |
| Other Income | 3,413 |
| Total Employee Compensation & Benefits | 192,229 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 153,573 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 14,046 |
| Cost of Funds | 11,312 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 7,380 |
| ↑ Back to Top | |