Dec, 31, 2020 — BECCO BUFFALO FEDERAL CREDIT UNION is a federal credit union headquartered in TONAWANDA, NY with 1 branch location and about $1.28 million in total assets. Opened 66 years ago in 1955, BECCO BUFFALO FEDERAL CREDIT UNION has about 178 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, 35 SAWYER AVE TONAWANDA, NY 14150 |
Phone: | (716) 879-0415 |
Fax: | (716) 879-0467 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 178 |
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: | Jan 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $1,276,058 |
CEO/Manager: | Guy A DeMarie |
Chairperson: | Michael Bass |
ASSETS: | $ Amount |
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Cash & Equivalents | 353,751 |
TOTAL INVESTMENTS | 545,911 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 83,303 |
Other Loans | 289,628 |
TOTAL LOANS | 372,931 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -10,743 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 11,125 |
All Other Assets | 3,083 |
TOTAL ASSETS | 1,276,058 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 952 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 6,211 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 1,062,528 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 1,062,528 |
TOTAL LIABILITIES | 1,069,691 |
Regular Reserve | 41,032 |
Other Reserves | 0 |
Undivided Earnings | 165,335 |
TOTAL EQUITY | 206,367 |
TOTAL LIABILITIES, SHARES, & EQUITY | 1,276,058 |
INCOME & EXPENSE | |
Loan Income | 20,059 |
Investment Income | 12,113 |
Other Income | 150 |
Total Employee Compensation & Benefits | 4,741 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 17,877 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 850 |
Cost of Funds | 3,956 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 4,898 |
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