Sep, 30, 2025 — GOOD NEIGHBORS FEDERAL CREDIT UNION is a federal credit union headquartered in DEPEW, NY with 2 branch locations and about $89.62 million in total assets. Opened 69 years ago in 1957, GOOD NEIGHBORS FEDERAL CREDIT UNION has about 10,429 members and employs 40 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | GOOD NEIGHBORS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 5145 Broadway DEPEW, NY 14043 |
| Phone: | (716) 681-1460 |
| Fax: | |
| Website: | https://www.goodneighborscu.com |
| Branches: | 2 branch locations |
| Members: | 10,429 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 11663 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1957 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $89,617,349 |
| CEO/Manager: | Emma Smalley |
| Chairperson: | Aaron Ruda |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 4,208,345 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 30,330,608 |
| Unsecured Loans | 4,557,751 |
| Other Loans | 24,568,904 |
| TOTAL LOANS | 59,457,263 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -797,322 |
| Land And Building | 4,647,187 |
| Other Fixed Assets | 348,902 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 825,959 |
| All Other Assets | 1,188 |
| TOTAL ASSETS | 89,617,349 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 70,130 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 15,479,329 |
| Regular shares | 52,220,066 |
| All Other Shares & Deposits | 14,858,077 |
| TOTAL SHARES & DEPOSITS | 82,557,472 |
| TOTAL LIABILITIES | 82,627,602 |
| Regular Reserve | 0 |
| Other Reserves | 555,622 |
| Undivided Earnings | 6,434,125 |
| TOTAL EQUITY | 6,989,747 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 89,617,349 |
| INCOME & EXPENSE | |
| Loan Income | 3,120,572 |
| Investment Income | 596,835 |
| Other Income | 524,176 |
| Total Employee Compensation & Benefits | 2,529,748 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 2,021,666 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 358,632 |
| Cost of Funds | 425,855 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -623,857 |
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