Jun, 30, 2024 — OSWEGO TEACHERS EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in OSWEGO, NY with 1 branch location and about $57.72 million in total assets. Opened 64 years ago in 1961, OSWEGO TEACHERS EMPLOYEES FEDERAL CREDIT UNION has about 2,556 members and employs 8 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | OSWEGO TEACHERS EMPLOYEES FEDERAL CREDIT UNION |
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Address: (Main Office) | 90 W Utica St OSWEGO, NY 13126-3048 |
Phone: | (315) 342-4574 |
Fax: | (315) 342-2205 |
Website: | https://oswegoteacherscu.org |
Branches: | 1 branch locations |
Members: | 2,556 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 14436 |
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Membership Type: | Multiple common bond - Primarily educational |
Corporate Credit Union: | No |
Year Opened: | 1961 |
Last Audited: | Sep 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $57,721,044 |
CEO/Manager: | Lisa A Kimball |
Chairperson: | William Symons |
ASSETS: | $ Amount |
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Cash & Equivalents | 4,988,436 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 25,056,436 |
Unsecured Loans | 3,579,983 |
Other Loans | 8,116,834 |
TOTAL LOANS | 36,753,253 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -302,168 |
Land And Building | 603,928 |
Other Fixed Assets | 20,245 |
NCUSIF Deposit | 485,242 |
All Other Assets | 0 |
TOTAL ASSETS | 57,721,044 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 468,787 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 5,014,178 |
Regular shares | 10,315,321 |
All Other Shares & Deposits | 36,114,558 |
TOTAL SHARES & DEPOSITS | 51,444,057 |
TOTAL LIABILITIES | 51,912,844 |
Regular Reserve | 0 |
Other Reserves | 451,573 |
Undivided Earnings | 5,356,627 |
TOTAL EQUITY | 5,808,200 |
TOTAL LIABILITIES, SHARES, & EQUITY | 57,721,044 |
INCOME & EXPENSE | |
Loan Income | 967,438 |
Investment Income | 254,485 |
Other Income | 20,829 |
Total Employee Compensation & Benefits | 594,616 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 340,259 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 135,000 |
Cost of Funds | 174,949 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 156,291 |
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