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MOUNT VERNON NY POSTAL EMPLOYEES FEDERAL CREDIT UNION

Mar, 31, 2021 — MOUNT VERNON NY POSTAL EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in MOUNT VERNON, NY with 1 branch location and about $1.15 million in total assets. Opened 86 years ago in 1935, MOUNT VERNON NY POSTAL EMPLOYEES FEDERAL CREDIT UNION has about 173 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:173
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, 2020
FHLB Member:No
Low Income Designation:No
Assets:$1,147,618
CEO/Manager:JANIA FOSTER
Chairperson:Carl L Spana

Call Report

  • Check Cashing

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 182,259
TOTAL INVESTMENTS 688,776
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 261,412
 Other Loans 6,905
 TOTAL LOANS 268,317
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -7,950
 Land And Building 0
 Other Fixed Assets 6,572
 NCUSIF Deposit 9,644
 All Other Assets 0
  TOTAL ASSETS 1,147,618
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,164
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 939,843
 All Other Shares & Deposits 5,820
  TOTAL SHARES & DEPOSITS 945,663
  TOTAL LIABILITIES 946,827
 Regular Reserve 43,387
 Other Reserves 0
 Undivided Earnings 157,404
  TOTAL EQUITY 200,791
  TOTAL LIABILITIES, SHARES, & EQUITY 1,147,618
INCOME & EXPENSE  
 Loan Income 8,774
 Investment Income 3,808
 Other Income 217
 Total Employee Compensation & Benefits 3,005
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 6,025
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 600
 Cost of Funds 0
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 3,169
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