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MOUNT VERNON NY POSTAL EMPLOYEES FEDERAL CREDIT UNION

Dec, 31, 2020 — MOUNT VERNON NY POSTAL EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in MOUNT VERNON, NY with 1 branch location and about $1.13 million in total assets. Opened 86 years ago in 1935, MOUNT VERNON NY POSTAL EMPLOYEES FEDERAL CREDIT UNION has about 175 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:MOUNT VERNON NY POSTAL EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
15 SOUTH FIRST AVE
MOUNT VERNON, NY 10550
Phone:(914) 668-0638
Fax:(914) 668-0464
Website:n/a
Branches:1 branch locations
Members:175
Credit Union Type:Federal Credit Union
Charter Number:132
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1935
Last Audited:Dec 01, 2019
FHLB Member:No
Low Income Designation:No
Assets:$1,125,941
CEO/Manager:Mary L Barthell
Chairperson:Carl L Spana

Call Report

  • Check Cashing

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 170,088
TOTAL INVESTMENTS 646,865
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 256,680
 Other Loans 35,748
 TOTAL LOANS 292,428
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -7,350
 Land And Building 0
 Other Fixed Assets 14,266
 NCUSIF Deposit 9,644
 All Other Assets 0
  TOTAL ASSETS 1,125,941
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,870
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 920,148
 All Other Shares & Deposits 2,550
  TOTAL SHARES & DEPOSITS 922,698
  TOTAL LIABILITIES 924,568
 Regular Reserve 43,387
 Other Reserves 0
 Undivided Earnings 157,986
  TOTAL EQUITY 201,373
  TOTAL LIABILITIES, SHARES, & EQUITY 1,125,941
INCOME & EXPENSE  
 Loan Income 30,162
 Investment Income 14,560
 Other Income 1,225
 Total Employee Compensation & Benefits 25,405
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 18,084
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 7,362
 Cost of Funds 306
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -5,210
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