Credit Unions Near Me
National Credit Union Service Organization

TCT FEDERAL CREDIT UNION

Mar, 31, 2021 — TCT FEDERAL CREDIT UNION is a federal credit union headquartered in BALLSTON SPA, NY with 4 branch locations and about $276.14 million in total assets. Opened 62 years ago in 1959, TCT FEDERAL CREDIT UNION has about 13,876 members and employs 70 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 221374984
Name:TCT FEDERAL CREDIT UNION
Address:
(Main Office)
416 ROWLAND ST
BALLSTON SPA, NY 12020
Phone:(518) 884-7002
Fax:(518) 884-7094
Website:https://www.tctfcu.org
Branches:4 branch locations
Members:13,876
Credit Union Type:Federal Credit Union
Charter Number:12957
Membership Type:Multiple common bond - Primarily educational
Corporate Credit Union:No
Year Opened:1959
Last Audited:Dec 01, 2020
FHLB Member:Yes
Low Income Designation:No
Assets:$276,136,264
CEO/Manager:Curt A Cecala
Chairperson:Peter Trombley

Call Report

  • Commercial Loans
  • Credit Builder
  • Indirect Commercial Loans
  • Micro Business Loans
  • Micro Consumer Loans
  • Overdraft Lines of Credit
  • Participation Loans
  • Real Estate Loans
  • Risk Based Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Check Cashing
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 19,395,771
TOTAL INVESTMENTS 55,865,047
Loans Held for Sale 0
 
 Real Estate Loans 113,549,268
 Unsecured Loans 26,266,014
 Other Loans 49,463,549
 TOTAL LOANS 189,304,277
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -1,252,666
 Land And Building 4,238,832
 Other Fixed Assets 394,333
 NCUSIF Deposit 2,131,050
 All Other Assets 6,059,620
  TOTAL ASSETS 276,136,264
LIABILITIES & CAPITAL:  
 Dividends Payable 5,676
 Notes & Interest Payable 5,263,257
 Accounts Payable & Other Liabilities 2,075,508
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 41,816,748
 Regular shares 82,180,791
 All Other Shares & Deposits 123,564,293
  TOTAL SHARES & DEPOSITS 247,561,832
  TOTAL LIABILITIES 254,906,273
 Regular Reserve 1,776,546
 Other Reserves 624,064
 Undivided Earnings 18,829,381
  TOTAL EQUITY 21,229,991
  TOTAL LIABILITIES, SHARES, & EQUITY 276,136,264
INCOME & EXPENSE  
 Loan Income 2,006,330
 Investment Income 169,463
 Other Income 65,754
 Total Employee Compensation & Benefits 1,124,554
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 809,749
 Non-operating Income & (Expense) 235,954
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 40,000
 Cost of Funds 210,597
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 573,069
↑ Back to Top

Other Credit Unions

S I EMPLOYEES FEDERAL CREDIT UNION
233 BALLSTON AVE.
SARATOGA SPRING, NY 12866
STRATTON AIR NATIONAL GUARD FEDERAL CREDIT UNION
1 AIR NATIONAL GUARD RD, SCOTIA
SCOTIA, NY 12302
SCHENECTADY COUNTY EMPLOYEES FEDERAL CREDIT UNION
388 Broadway Suite B
SCHENECTADY, NY 12305
NORTON-TROY EMPLOYEES CREDIT UNION
35 NIVER ST, C/O HUDSON RIVER COMMU
COHOES, NY 12047-4711
STEWART'S FEDERAL CREDIT UNION
PO BOX 435
SARATOGA SPRING, NY 12866
MOHAWK PROGRESSIVE FEDERAL CREDIT UNION
1760 State St
SCHENECTADY, NY 12304-1880
SARATOGA'S COMMUNITY FEDERAL CREDIT UNION
23 Division St
SARATOGA SPRING, NY 12866-2113
M. C. T. FEDERAL CREDIT UNION
39 MARKET ST
AMSTERDAM, NY 12010
HUDSON RIVER COMMUNITY CREDIT UNION
ONE THIRD STREET
CORINTH, NY 12822