Dec, 31, 2023 — CROUSE HINDS EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in SYRACUSE, NY with 1 branch location and about $6.74 million in total assets. Opened 64 years ago in 1960, CROUSE HINDS EMPLOYEES FEDERAL CREDIT UNION has about 631 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | CROUSE HINDS EMPLOYEES FEDERAL CREDIT UNION |
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Address: (Main Office) | 1201 wolf st SYRACUSE, NY 13208-1375 |
Phone: | (315) 477-5384 |
Fax: | (315) 477-5487 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 631 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 13938 |
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Membership Type: | Manufacturing - All Other |
Corporate Credit Union: | No |
Year Opened: | 1960 |
Last Audited: | Mar 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $6,738,414 |
CEO/Manager: | Lorraine M Butler |
Chairperson: | Ricky E Cassavaugh |
ASSETS: | $ Amount |
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Cash & Equivalents | 551,089 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 390,375 |
Unsecured Loans | 383,578 |
Other Loans | 1,365,110 |
TOTAL LOANS | 2,139,063 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -33,000 |
Land And Building | 36,000 |
Other Fixed Assets | 775 |
NCUSIF Deposit | 60,891 |
All Other Assets | 0 |
TOTAL ASSETS | 6,738,414 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 6,615 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 876,700 |
Regular shares | 3,642,576 |
All Other Shares & Deposits | 1,549,472 |
TOTAL SHARES & DEPOSITS | 6,068,748 |
TOTAL LIABILITIES | 6,075,363 |
Regular Reserve | 0 |
Other Reserves | 152,067 |
Undivided Earnings | 510,984 |
TOTAL EQUITY | 663,051 |
TOTAL LIABILITIES, SHARES, & EQUITY | 6,738,414 |
INCOME & EXPENSE | |
Loan Income | 90,539 |
Investment Income | 98,618 |
Other Income | 6,254 |
Total Employee Compensation & Benefits | 69,703 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 75,050 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 16,417 |
Cost of Funds | 8,868 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 29,712 |
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