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National Credit Union Service Organization

CROUSE HINDS EMPLOYEES FEDERAL CREDIT UNION

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
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
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

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
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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