Jun, 30, 2024 — EDGE FEDERAL CREDIT UNION is a federal credit union headquartered in LIVERPOOL, NY with 1 branch location and about $61.46 million in total assets. Opened 69 years ago in 1956, EDGE FEDERAL CREDIT UNION has about 3,333 members and employs 9 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | EDGE FEDERAL CREDIT UNION |
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Address: (Main Office) | 7545 Morgan Rd LIVERPOOL, NY 13090-3538 |
Phone: | (315) 451-0105 |
Fax: | (315) 451-2367 |
Website: | https://www.edgefcu.org |
Branches: | 1 branch locations |
Members: | 3,333 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 11457 |
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Membership Type: | Multiple common bond - Primarily educational |
Corporate Credit Union: | No |
Year Opened: | 1956 |
Last Audited: | Aug 01, 2022 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $61,463,360 |
CEO/Manager: | Theresa Lotito-Camerino |
Chairperson: | Mark Cardone |
ASSETS: | $ Amount |
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Cash & Equivalents | 7,410,183 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 8,913,627 |
Unsecured Loans | 4,523,302 |
Other Loans | 5,711,245 |
TOTAL LOANS | 19,148,174 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -117,013 |
Land And Building | 706,765 |
Other Fixed Assets | 210,156 |
NCUSIF Deposit | 539,793 |
All Other Assets | 0 |
TOTAL ASSETS | 61,463,360 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 716,648 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 10,966,792 |
Regular shares | 39,644,066 |
All Other Shares & Deposits | 3,738,117 |
TOTAL SHARES & DEPOSITS | 54,348,975 |
TOTAL LIABILITIES | 55,065,623 |
Regular Reserve | 0 |
Other Reserves | 638,710 |
Undivided Earnings | 5,759,027 |
TOTAL EQUITY | 6,397,737 |
TOTAL LIABILITIES, SHARES, & EQUITY | 61,463,360 |
INCOME & EXPENSE | |
Loan Income | 702,616 |
Investment Income | 556,540 |
Other Income | 101,655 |
Total Employee Compensation & Benefits | 532,983 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 832,741 |
Non-operating Income & (Expense) | 208,951 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 38,163 |
Cost of Funds | 32,430 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 133,445 |
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