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National Credit Union Service Organization

CROUSE HINDS EMPLOYEES FEDERAL CREDIT UNION

Jun, 30, 2021 — CROUSE HINDS EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in SYRACUSE, NY with 1 branch location and about $7.36 million in total assets. Opened 61 years ago in 1960, CROUSE HINDS EMPLOYEES FEDERAL CREDIT UNION has about 697 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)
PO BOX 4999
SYRACUSE, NY 13221
Phone:(315) 477-5384
Fax:(315) 477-5487
Website:n/a
Branches:1 branch locations
Members:697
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:$7,357,378
CEO/Manager:Lorraine M Butler
Chairperson:Ricky E Cassavaugh

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,056,009
TOTAL INVESTMENTS 3,410,312
Loans Held for Sale 0
 
 Real Estate Loans 453,241
 Unsecured Loans 364,262
 Other Loans 972,064
 TOTAL LOANS 1,789,567
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -12,961
 Land And Building 36,000
 Other Fixed Assets 5,809
 NCUSIF Deposit 60,417
 All Other Assets 12,225
  TOTAL ASSETS 7,357,378
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 3,439
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 934,077
 Regular shares 4,228,860
 All Other Shares & Deposits 1,579,651
  TOTAL SHARES & DEPOSITS 6,742,588
  TOTAL LIABILITIES 6,746,027
 Regular Reserve 152,067
 Other Reserves 0
 Undivided Earnings 459,284
  TOTAL EQUITY 611,351
  TOTAL LIABILITIES, SHARES, & EQUITY 7,357,378
INCOME & EXPENSE  
 Loan Income 40,380
 Investment Income 25,580
 Other Income 2,403
 Total Employee Compensation & Benefits 32,546
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 36,025
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 4,958
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 19,948
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