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CORE FEDERAL CREDIT UNION

Sep, 30, 2025 — CORE FEDERAL CREDIT UNION is a federal credit union headquartered in EAST SYRACUSE, NY with 2 branch locations and about $137.78 million in total assets. Opened 67 years ago in 1959, CORE FEDERAL CREDIT UNION has about 8,182 members and employs 17 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:CORE FEDERAL CREDIT UNION
Address:
(Main Office)
7200 KIRKVILLE RD
EAST SYRACUSE, NY 13057-9414
Phone:(315) 656-8220
Fax:(315) 656-9389
Website:https://www.core-fcu.com
Branches:2 branch locations
Members:8,182
Credit Union Type:Federal Credit Union
Charter Number:13037
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:$137,780,347
CEO/Manager:william j sweeney
Chairperson:kevin d conroy

Call Report

  • First Time Homebuyer Program
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 53,592,034
TOTAL INVESTMENTS 0
Loans Held for Sale 120,000
 
 Real Estate Loans 23,799,241
 Unsecured Loans 3,730,276
 Other Loans 10,045,897
 TOTAL LOANS 37,575,414
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -88,901
 Land And Building 724,719
 Other Fixed Assets 54,583
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 1,169,248
 All Other Assets 0
  TOTAL ASSETS 137,780,347
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 373,322
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 25,229,816
 Regular shares 71,690,319
 All Other Shares & Deposits 26,186,437
  TOTAL SHARES & DEPOSITS 123,106,572
  TOTAL LIABILITIES 123,479,894
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 14,300,453
  TOTAL EQUITY 14,300,453
  TOTAL LIABILITIES, SHARES, & EQUITY 137,780,347
INCOME & EXPENSE  
 Loan Income 365,103
 Investment Income 280,093
 Other Income 82,507
 Total Employee Compensation & Benefits 313,018
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 305,541
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 5,587
 Cost of Funds 34,960
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 269,096
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