Mar, 31, 2021 — BECCO BUFFALO FEDERAL CREDIT UNION is a federal credit union headquartered in TONAWANDA, NY with 1 branch location and about $1.29 million in total assets. Opened 66 years ago in 1955, BECCO BUFFALO FEDERAL CREDIT UNION has about 168 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | BECCO BUFFALO FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | PEROXYCHEM LLC, 35 SAWYER AVE TONAWANDA, NY 14150 |
| Phone: | (716) 879-0415 |
| Fax: | (716) 879-0467 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 168 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 10225 |
|---|---|
| Membership Type: | Manufacturing - All Other |
| Corporate Credit Union: | No |
| Year Opened: | 1955 |
| Last Audited: | Sep 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $1,293,463 |
| CEO/Manager: | Guy A DeMarie |
| Chairperson: | Michael Bass |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 388,109 |
| TOTAL INVESTMENTS | 539,032 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 74,599 |
| Other Loans | 289,077 |
| TOTAL LOANS | 363,676 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -10,743 |
| Land And Building | 0 |
| Other Fixed Assets | 129 |
| NCUSIF Deposit | 10,625 |
| All Other Assets | 2,635 |
| TOTAL ASSETS | 1,293,463 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 925 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,187 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 1,080,405 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 1,080,405 |
| TOTAL LIABILITIES | 1,083,517 |
| Regular Reserve | 41,032 |
| Other Reserves | 0 |
| Undivided Earnings | 168,914 |
| TOTAL EQUITY | 209,946 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,293,463 |
| INCOME & EXPENSE | |
| Loan Income | 4,394 |
| Investment Income | 3,109 |
| Other Income | 11 |
| Total Employee Compensation & Benefits | 1,285 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 1,726 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 925 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 3,578 |
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