Sep, 30, 2025 — MERIDIA COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in HAMBURG, NY with 3 branch locations and about $136.09 million in total assets. Opened 71 years ago in 1955, MERIDIA COMMUNITY FEDERAL CREDIT UNION has about 10,134 members and employs 19 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MERIDIA COMMUNITY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 4500 Southwestern Blvd HAMBURG, NY 14075 |
| Phone: | (716) 648-4411 |
| Fax: | (716) 648-4526 |
| Website: | https://www.meridiacu.com |
| Branches: | 3 branch locations |
| Members: | 10,134 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 10684 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1955 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $136,088,694 |
| CEO/Manager: | Michael D Hoffman |
| Chairperson: | Brent F Jordan |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 21,045,586 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 37,771,331 |
| Unsecured Loans | 7,300,955 |
| Other Loans | 58,163,708 |
| TOTAL LOANS | 103,235,994 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -532,191 |
| Land And Building | 2,839,982 |
| Other Fixed Assets | 609,912 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,070,031 |
| All Other Assets | 25,444 |
| TOTAL ASSETS | 136,088,694 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,903,987 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 20,184,665 |
| Regular shares | 59,012,260 |
| All Other Shares & Deposits | 33,968,093 |
| TOTAL SHARES & DEPOSITS | 113,165,018 |
| TOTAL LIABILITIES | 115,069,005 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 21,019,689 |
| TOTAL EQUITY | 21,019,689 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 136,088,694 |
| INCOME & EXPENSE | |
| Loan Income | 4,361,869 |
| Investment Income | 696,504 |
| Other Income | 480,739 |
| Total Employee Compensation & Benefits | 1,085,738 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,498,075 |
| Non-operating Income & (Expense) | -12,713 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 299,000 |
| Cost of Funds | 703,875 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,419,416 |
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