S I EMPLOYEES FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA.
Sep, 30, 2025 — S I EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in SARATOGA SPRING, NY with 1 branch location and about $405,978 in total assets. Opened 71 years ago in 1955, S I EMPLOYEES FEDERAL CREDIT UNION has about 94 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | S I EMPLOYEES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 233 BALLSTON AVE. SARATOGA SPRING, NY 12866 |
| Phone: | (518) 584-4100 |
| Fax: | (518) 245-4425 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 94 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 10022 |
|---|---|
| Membership Type: | Manufacturing - All Other |
| Corporate Credit Union: | No |
| Year Opened: | 1955 |
| Last Audited: | Sep 01, 2019 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $405,978 |
| CEO/Manager: | Peggy A Murphy |
| Chairperson: | Kathy LaRowe |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 359,682 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 0 |
| Other Loans | 49,328 |
| TOTAL LOANS | 49,328 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -4,232 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 2,824 |
| All Other Assets | -1,624 |
| TOTAL ASSETS | 405,978 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 0 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 338,088 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 338,088 |
| TOTAL LIABILITIES | 338,088 |
| Regular Reserve | 9,537 |
| Other Reserves | 0 |
| Undivided Earnings | 58,353 |
| TOTAL EQUITY | 67,890 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 405,978 |
| INCOME & EXPENSE | |
| Loan Income | 5,376 |
| Investment Income | 697 |
| Other Income | 35 |
| Total Employee Compensation & Benefits | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 18,448 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -8,636 |
| Cost of Funds | 49,487 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -53,191 |
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