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PLATTSBURGH CITY SCHOOL DISTRICT FEDERAL CREDIT UNION

Jun, 30, 2024 — PLATTSBURGH CITY SCHOOL DISTRICT FEDERAL CREDIT UNION is a federal credit union headquartered in PLATTSBURGH, NY with 1 branch location and about $7.79 million in total assets. Opened 66 years ago in 1959, PLATTSBURGH CITY SCHOOL DISTRICT FEDERAL CREDIT UNION has about 723 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:PLATTSBURGH CITY SCHOOL DISTRICT FEDERAL CREDIT UNION
Address:
(Main Office)
49 Broad St Ste 101
PLATTSBURGH, NY 12901-3311
Phone:(518) 561-4510
Fax:(518) 566-8716
Website:https://www.plattscsdfcu.org
Branches:1 branch locations
Members:723
Credit Union Type:Federal Credit Union
Charter Number:12873
Membership Type:Educational
Corporate Credit Union:No
Year Opened:1959
Last Audited:Sep 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$7,786,989
CEO/Manager:Anna F Sherman
Chairperson:Steve Bedard

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,298,491
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 945,465
 Unsecured Loans 1,311,396
 Other Loans 3,684,472
 TOTAL LOANS 5,941,333
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -40,000
 Land And Building 0
 Other Fixed Assets 5,961
 NCUSIF Deposit 64,091
 All Other Assets 0
  TOTAL ASSETS 7,786,989
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 7,226
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 5,049,319
 All Other Shares & Deposits 1,512,639
  TOTAL SHARES & DEPOSITS 6,561,958
  TOTAL LIABILITIES 6,569,184
 Regular Reserve 0
 Other Reserves 112,613
 Undivided Earnings 1,105,192
  TOTAL EQUITY 1,217,805
  TOTAL LIABILITIES, SHARES, & EQUITY 7,786,989
INCOME & EXPENSE  
 Loan Income 186,347
 Investment Income 11,852
 Other Income 300
 Total Employee Compensation & Benefits 123,677
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 66,668
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 8,097
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 11,370
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