Sep, 30, 2025 — VAN CORTLANDT COOPERATIVE FEDERAL CREDIT UNION is a federal credit union headquartered in BRONX, NY with 1 branch location and about $54.22 million in total assets. Opened 90 years ago in 1936, VAN CORTLANDT COOPERATIVE FEDERAL CREDIT UNION has about 2,009 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | VAN CORTLANDT COOPERATIVE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 3960 Hillman Ave BRONX, NY 10463 |
| Phone: | (718) 549-5858 |
| Fax: | (718) 549-2921 |
| Website: | https://www.vccfcu.com |
| Branches: | 1 branch locations |
| Members: | 2,009 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 1125 |
|---|---|
| Membership Type: | Multiple common bond - other |
| Corporate Credit Union: | No |
| Year Opened: | 1936 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $54,224,731 |
| CEO/Manager: | Mirela Alexe |
| Chairperson: | Andrew Kimerling |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 4,615,612 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 9,682,970 |
| Unsecured Loans | 854,238 |
| Other Loans | 2,292,048 |
| TOTAL LOANS | 12,829,256 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -90,251 |
| Land And Building | 0 |
| Other Fixed Assets | 34,218 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 484,388 |
| All Other Assets | 0 |
| TOTAL ASSETS | 54,224,731 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 18,206 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 42,777 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 11,260,241 |
| Regular shares | 30,923,456 |
| All Other Shares & Deposits | 5,605,113 |
| TOTAL SHARES & DEPOSITS | 47,788,810 |
| TOTAL LIABILITIES | 47,849,793 |
| Regular Reserve | 0 |
| Other Reserves | 35,959 |
| Undivided Earnings | 6,338,979 |
| TOTAL EQUITY | 6,374,938 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 54,224,731 |
| INCOME & EXPENSE | |
| Loan Income | 582,717 |
| Investment Income | 717,357 |
| Other Income | 118,774 |
| Total Employee Compensation & Benefits | 500,069 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 513,163 |
| Non-operating Income & (Expense) | 475 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 68,509 |
| Cost of Funds | 147,842 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 189,740 |
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