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STRATTON AIR NATIONAL GUARD FEDERAL CREDIT UNION

Dec, 31, 2021 — STRATTON AIR NATIONAL GUARD FEDERAL CREDIT UNION is a federal credit union headquartered in SCOTIA, NY with 1 branch location and about $1.08 million in total assets. Opened 66 years ago in 1956, STRATTON AIR NATIONAL GUARD FEDERAL CREDIT UNION has about 856 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:STRATTON AIR NATIONAL GUARD FEDERAL CREDIT UNION
Address:
(Main Office)
1 air national guard rd
SCOTIA, NY 12302
Phone:(518) 372-1254
Fax:(518) 344-2607
Website:n/a
Branches:1 branch locations
Members:856
Credit Union Type:Federal Credit Union
Charter Number:10773
Membership Type:Military
Corporate Credit Union:No
Year Opened:1956
Last Audited:Dec 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$1,077,387
CEO/Manager:barbara c secore
Chairperson:garry a quick

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 624,006
TOTAL INVESTMENTS 812
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 107,912
 Other Loans 340,685
 TOTAL LOANS 448,597
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -2,669
 Land And Building 0
 Other Fixed Assets 194
 NCUSIF Deposit 5,446
 All Other Assets 1,001
  TOTAL ASSETS 1,077,387
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,537
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 514,567
 All Other Shares & Deposits 245,796
  TOTAL SHARES & DEPOSITS 760,363
  TOTAL LIABILITIES 761,900
 Regular Reserve 137,667
 Other Reserves 0
 Undivided Earnings 177,820
  TOTAL EQUITY 315,487
  TOTAL LIABILITIES, SHARES, & EQUITY 1,077,387
INCOME & EXPENSE  
 Loan Income 22,396
 Investment Income 172
 Other Income 2,908
 Total Employee Compensation & Benefits 9,970
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 13,815
 Non-operating Income & (Expense) 8,503
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 3,602
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 6,592
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