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COOPERS CAVE FEDERAL CREDIT UNION

Sep, 30, 2025 — COOPERS CAVE FEDERAL CREDIT UNION is a federal credit union headquartered in GLENS FALLS, NY with 2 branch locations and about $20.63 million in total assets. Opened 68 years ago in 1958, COOPERS CAVE FEDERAL CREDIT UNION has about 1,935 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:COOPERS CAVE FEDERAL CREDIT UNION
Address:
(Main Office)
92 Dix Ave
GLENS FALLS, NY 12801-3158
Phone:(518) 793-9502
Fax:(518) 793-7961
Website:https://www.cooperscavefcu.com
Branches:2 branch locations
Members:1,935
Credit Union Type:Federal Credit Union
Charter Number:12671
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1958
Last Audited:Sep 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$20,628,942
CEO/Manager:Christine Smith
Chairperson:Mark Rogers

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,358,708
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 3,787,178
 Unsecured Loans 183,462
 Other Loans 5,273,943
 TOTAL LOANS 9,244,583
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -51,653
 Land And Building 320,628
 Other Fixed Assets 61,036
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 191,412
 All Other Assets 0
  TOTAL ASSETS 20,628,942
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 50,606
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 4,556,071
 Regular shares 9,175,308
 All Other Shares & Deposits 5,196,861
  TOTAL SHARES & DEPOSITS 18,928,241
  TOTAL LIABILITIES 18,978,847
 Regular Reserve 0
 Other Reserves 141,872
 Undivided Earnings 1,508,223
  TOTAL EQUITY 1,650,095
  TOTAL LIABILITIES, SHARES, & EQUITY 20,628,942
INCOME & EXPENSE  
 Loan Income 343,247
 Investment Income 263,535
 Other Income 102,389
 Total Employee Compensation & Benefits 193,150
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 320,543
 Non-operating Income & (Expense) 3,852
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 4,000
 Cost of Funds 8,760
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 186,570
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