Sep, 30, 2025 — SWEET HOME FEDERAL CREDIT UNION is a federal credit union headquartered in AMHERST, NY with 1 branch location and about $43.51 million in total assets. Opened 69 years ago in 1957, SWEET HOME FEDERAL CREDIT UNION has about 2,871 members and employs 8 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SWEET HOME FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1960 Sweet Home Rd AMHERST, NY 14228-3346 |
| Phone: | (716) 691-9187 |
| Fax: | (716) 691-0175 |
| Website: | https://www.sweethomefcu.org |
| Branches: | 1 branch locations |
| Members: | 2,871 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 11470 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1957 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $43,514,307 |
| CEO/Manager: | KATHRYN A GETZ |
| Chairperson: | CARL H HOFFMAN |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 8,403,017 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 11,505,006 |
| Unsecured Loans | 1,185,344 |
| Other Loans | 8,286,462 |
| TOTAL LOANS | 20,976,812 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -148,320 |
| Land And Building | 1,424,892 |
| Other Fixed Assets | 50,332 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 363,539 |
| All Other Assets | 0 |
| TOTAL ASSETS | 43,514,307 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 61,826 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 7,506,105 |
| Regular shares | 29,322,777 |
| All Other Shares & Deposits | 1,151,904 |
| TOTAL SHARES & DEPOSITS | 37,980,786 |
| TOTAL LIABILITIES | 38,042,612 |
| Regular Reserve | 0 |
| Other Reserves | 548,758 |
| Undivided Earnings | 4,922,937 |
| TOTAL EQUITY | 5,471,695 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 43,514,307 |
| INCOME & EXPENSE | |
| Loan Income | 850,278 |
| Investment Income | 522,067 |
| Other Income | 51,867 |
| Total Employee Compensation & Benefits | 409,599 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 507,257 |
| Non-operating Income & (Expense) | 1,278 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 64,805 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 630,971 |
| ↑ Back to Top | |