WIT FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://witfcu.com for more information.
Sep, 30, 2025 — WIT FEDERAL CREDIT UNION is a federal credit union headquartered in Rochester, NY with 3 branch locations and about $23.79 million in total assets. Opened 64 years ago in 1962, WIT FEDERAL CREDIT UNION has about 3,823 members and employs 11 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | WIT FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 22 4th St Rochester, NY 14609-6032 |
| Phone: | (585) 454-4580 |
| Fax: | (585) 454-4610 |
| Website: | https://witfcu.com |
| Branches: | 3 branch locations |
| Members: | 3,823 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 14836 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1962 |
| Last Audited: | Mar 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $23,789,350 |
| CEO/Manager: | David B Wright |
| Chairperson: | Matthew Shaw, Sr. |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,450,268 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 6,856,842 |
| Unsecured Loans | 2,091,654 |
| Other Loans | 9,877,120 |
| TOTAL LOANS | 18,825,616 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -14,972 |
| Land And Building | 165,550 |
| Other Fixed Assets | 33,122 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 201,686 |
| All Other Assets | 0 |
| TOTAL ASSETS | 23,789,350 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 13,433 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 4,724 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 3,017,914 |
| Regular shares | 9,460,406 |
| All Other Shares & Deposits | 8,697,662 |
| TOTAL SHARES & DEPOSITS | 21,175,982 |
| TOTAL LIABILITIES | 21,194,139 |
| Regular Reserve | 0 |
| Other Reserves | 654,170 |
| Undivided Earnings | 1,941,041 |
| TOTAL EQUITY | 2,595,211 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 23,789,350 |
| INCOME & EXPENSE | |
| Loan Income | 247,253 |
| Investment Income | 9,186 |
| Other Income | 26,350 |
| Total Employee Compensation & Benefits | 139,879 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 99,676 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -48,010 |
| Cost of Funds | 10,028 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 114,256 |
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