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 |
| 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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