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MEDICAL EMPLOYEES OF STATEN ISLAND FEDERAL CREDIT UNION

Mar, 31, 2021 — MEDICAL EMPLOYEES OF STATEN ISLAND FEDERAL CREDIT UNION is a federal credit union headquartered in STATEN ISLAND, NY with 1 branch location and about $3.49 million in total assets. Opened 63 years ago in 1958, MEDICAL EMPLOYEES OF STATEN ISLAND FEDERAL CREDIT UNION has about 947 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:MEDICAL EMPLOYEES OF STATEN ISLAND FEDERAL CREDIT UNION
Address:
(Main Office)
355 BARD AVE
STATEN ISLAND, NY 10310
Phone:(718) 876-2721
Fax:
Website:n/a
Branches:1 branch locations
Members:947
Credit Union Type:Federal Credit Union
Charter Number:12546
Membership Type:Multiple common bond - Primarily health care
Corporate Credit Union:No
Year Opened:1958
Last Audited:Jul 01, 2019
FHLB Member:No
Low Income Designation:No
Assets:$3,493,582
CEO/Manager:Susan m Ortolano
Chairperson:ANN MARIE COFFEY

Call Report

  • ATM/Debit Card Program
  • Check Cashing

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 420,682
TOTAL INVESTMENTS 1,888,782
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 945,603
 Other Loans 209,556
 TOTAL LOANS 1,155,159
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -13,075
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 26,050
 All Other Assets 15,984
  TOTAL ASSETS 3,493,582
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 7,066
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 119,224
 Regular shares 2,980,717
 All Other Shares & Deposits 179,915
  TOTAL SHARES & DEPOSITS 3,279,856
  TOTAL LIABILITIES 3,286,922
 Regular Reserve 140,432
 Other Reserves 0
 Undivided Earnings 66,228
  TOTAL EQUITY 206,660
  TOTAL LIABILITIES, SHARES, & EQUITY 3,493,582
INCOME & EXPENSE  
 Loan Income 23,779
 Investment Income 2,683
 Other Income 3,368
 Total Employee Compensation & Benefits 24,335
 NCUSIF Premiums Expense 168
 Total Other Operating Expenses 6,562
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 69
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -1,304
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