Dec, 31, 2023 — BECCO BUFFALO FEDERAL CREDIT UNION is a federal credit union headquartered in TONAWANDA, NY with 1 branch location and about $1.10 million in total assets. Opened 69 years ago in 1955, BECCO BUFFALO FEDERAL CREDIT UNION has about 155 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 |
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Address: (Main Office) | PeroxyChem LLC TONAWANDA, NY 14150 |
Phone: | (716) 879-0415 |
Fax: | (716) 879-0467 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 155 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 10225 |
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Membership Type: | Manufacturing - All Other |
Corporate Credit Union: | No |
Year Opened: | 1955 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $1,102,849 |
CEO/Manager: | Guy A DeMarie |
Chairperson: | Nicholas C Batcho |
ASSETS: | $ Amount |
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Cash & Equivalents | 74,625 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 106,682 |
Other Loans | 555,003 |
TOTAL LOANS | 661,685 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -17,576 |
Land And Building | 0 |
Other Fixed Assets | 817 |
NCUSIF Deposit | 10,676 |
All Other Assets | 0 |
TOTAL ASSETS | 1,102,849 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 785 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 4,861 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 885,669 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 885,669 |
TOTAL LIABILITIES | 891,315 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 211,534 |
TOTAL EQUITY | 211,534 |
TOTAL LIABILITIES, SHARES, & EQUITY | 1,102,849 |
INCOME & EXPENSE | |
Loan Income | 24,728 |
Investment Income | 18,083 |
Other Income | 101 |
Total Employee Compensation & Benefits | 10,733 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 22,805 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 3,346 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 6,028 |
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