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PLATTSBURGH CITY SCHOOL DISTRICT FEDERAL CREDIT UNION

Mar, 31, 2021 — PLATTSBURGH CITY SCHOOL DISTRICT FEDERAL CREDIT UNION is a federal credit union headquartered in PLATTSBURGH, NY with 1 branch location and about $7.18 million in total assets. Opened 62 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 STREET, SUITE 101
PLATTSBURGH, NY 12901-3311
Phone:(518) 561-4510
Fax:(518) 566-8716
Website:http://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, 2020
FHLB Member:No
Low Income Designation:No
Assets:$7,179,956
CEO/Manager:Anna F Sherman
Chairperson:Steve Bedard

Call Report

  • Real Estate Loans
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,299,086
TOTAL INVESTMENTS 106,667
Loans Held for Sale 0
 
 Real Estate Loans 353,930
 Unsecured Loans 1,522,036
 Other Loans 2,848,825
 TOTAL LOANS 4,724,791
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -30,000
 Land And Building 0
 Other Fixed Assets 15,056
 NCUSIF Deposit 49,906
 All Other Assets 14,450
  TOTAL ASSETS 7,179,956
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 8,161
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 4,425,531
 All Other Shares & Deposits 1,558,975
  TOTAL SHARES & DEPOSITS 5,984,506
  TOTAL LIABILITIES 5,992,667
 Regular Reserve 112,613
 Other Reserves 0
 Undivided Earnings 1,074,676
  TOTAL EQUITY 1,187,289
  TOTAL LIABILITIES, SHARES, & EQUITY 7,179,956
INCOME & EXPENSE  
 Loan Income 58,362
 Investment Income 1,549
 Other Income 30
 Total Employee Compensation & Benefits 39,601
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 18,694
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -5,115
 Cost of Funds 4,192
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 3,139
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