Sep, 30, 2025 — UPSTATE TELCO FEDERAL CREDIT UNION is a federal credit union headquartered in GLOVERSVILLE, NY with 1 branch location and about $4.22 million in total assets. Opened 70 years ago in 1956, UPSTATE TELCO FEDERAL CREDIT UNION has about 527 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | UPSTATE TELCO FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 137 Harrison St GLOVERSVILLE, NY 12078 |
| Phone: | (518) 773-6548 |
| Fax: | (518) 762-3012 |
| Website: | https://www.upstatetelcofcu.org |
| Branches: | 1 branch locations |
| Members: | 527 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 10746 |
|---|---|
| Membership Type: | Service - Communications and Utilities |
| Corporate Credit Union: | No |
| Year Opened: | 1956 |
| Last Audited: | Aug 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $4,217,862 |
| CEO/Manager: | Barbara A Insognia |
| Chairperson: | Lynne Rubscha |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 945,012 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 349,449 |
| Other Loans | 713,765 |
| TOTAL LOANS | 1,063,214 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -11,217 |
| Land And Building | 14,974 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 35,717 |
| All Other Assets | 0 |
| TOTAL ASSETS | 4,217,862 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 47,519 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 740,448 |
| Regular shares | 2,739,739 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 3,480,187 |
| TOTAL LIABILITIES | 3,527,706 |
| Regular Reserve | 0 |
| Other Reserves | 140,910 |
| Undivided Earnings | 549,246 |
| TOTAL EQUITY | 690,156 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 4,217,862 |
| INCOME & EXPENSE | |
| Loan Income | 56,400 |
| Investment Income | 102,429 |
| Other Income | 2,497 |
| Total Employee Compensation & Benefits | 75,741 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 75,645 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -58,574 |
| Cost of Funds | 2,076 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 66,758 |
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