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CROUSE HINDS EMPLOYEES FEDERAL CREDIT UNION

Dec, 31, 2021 — CROUSE HINDS EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in SYRACUSE, NY with 1 branch location and about $7.06 million in total assets. Opened 62 years ago in 1960, CROUSE HINDS EMPLOYEES FEDERAL CREDIT UNION has about 673 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
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:673
Credit Union Type:Federal Credit Union
Charter Number:13938
Membership Type:Manufacturing - All Other
Corporate Credit Union:No
Year Opened:1960
Last Audited:Mar 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$7,058,349
CEO/Manager:Lorraine M Butler
Chairperson:Ricky E Cassavaugh

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,761,035
TOTAL INVESTMENTS 3,579,869
Loans Held for Sale 0
 
 Real Estate Loans 413,326
 Unsecured Loans 349,157
 Other Loans 843,556
 TOTAL LOANS 1,606,039
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -8,784
 Land And Building 36,000
 Other Fixed Assets 4,803
 NCUSIF Deposit 60,416
 All Other Assets 18,971
  TOTAL ASSETS 7,058,349
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 5,867
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 739,743
 Regular shares 4,150,537
 All Other Shares & Deposits 1,511,424
  TOTAL SHARES & DEPOSITS 6,401,704
  TOTAL LIABILITIES 6,407,571
 Regular Reserve 152,067
 Other Reserves 0
 Undivided Earnings 498,711
  TOTAL EQUITY 650,778
  TOTAL LIABILITIES, SHARES, & EQUITY 7,058,349
INCOME & EXPENSE  
 Loan Income 79,472
 Investment Income 45,245
 Other Income 5,568
 Total Employee Compensation & Benefits 65,844
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 67,752
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 6,000
 Cost of Funds 9,990
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 59,375
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